We live in a society where we are taught to crave and savor information. The problem is we are bombarded with too much information. While many of us try to keep up on the latest financial news or information, the most financially successful people have a completely different relationship with…
Housing prices continue to cool, but we look for the housing industry and the consumer to continue supporting GDP growth as manufacturing and export sectors show signs of slowing. The S&P/Case-Shiller National Home Price Index for June 2019 showed that prices gained 3.1% year-over-year, down from 3.3% in May and…
Refinancing might make sense, but make sure you have a plan The Federal Reserve is doing homeowners a big favor, keeping interest rates low. That means you should consider refinancing your old higher-rate mortgage. But how do you go about this? Click Here to Read More
Last week brought modest gains for stocks and volume was underwhelming. The Dow Jones Industrial Average rose 0.4% and the S&P 500 increased 0.1%, while the Nasdaq Composite was flat. Trade-war concerns surfaced again mid-week, as the Trump administration issued a new list of tariffs on $200 billion of Chinese…
Stocks spent much of Friday in recovery mode following weakness on global trade concerns as President Trump said he would impose tariffs up to $50 billion on goods from China. According to officials in Washington, China’s theft of intellectual property and technology and other unfair trade practices reignited Trump’s promise…
When economic data is good and consumer confidence reaches its highest level since 2001, U.S. equities have momentum on their side. Last week the S&P 500 Index climbed 0.7% as the ISM non-manufacturing index showed that business activity and employment trends are improving. As the economy improves, the Federal Reserve…
Heading into the election, headlines pontificated a huge sell-off (following a Trump win). Stocks closed at record highs last Friday, with gains of 0.5% for the Dow Jones Industrial Average, 0.4% for the S&P 500, and 0.3% for the Nasdaq Composite. Year-to-date gains are now 6.5% for the Nasdaq, 3.5%…
America was highly attuned to the U.S. political backdrop last week as Donald J. Trump was sworn in as the nation’s 45th president. Investors are betting that President Trump will deliver on some of his pro-growth policies. He is focused on several things, taxes being at the top of that…
Heading into the holiday weekend, stocks rose slightly on Friday amid low volume, the Dow managed its seventh consecutive weekly gain. Only three days of trading remain in 2016 and investors are optimistic for a solid finish without sizeable deterioration. In recent weeks, however, the market has moved into what…
Last week was another display of improving Investor sentiment which helped equity markets rally sharply. The S&P 500 Index surged on promises for better economic growth, tax reform and potential fiscal stimulus in 2017. Sectors have rapidly rotated throughout 2016 and post-election has been no different. In the last trading…
Stocks had one of their best performances in years, with increases of 5.4% for the Dow, and 3.8% for both the Nasdaq and S&P 500, following the election of Donald Trump as U.S. President. Widespread pre-election forecasts from investment banks were nearly universal for sizeable losses following a Trump victory;…
Election 2016 is in the rear-view mirror and, unexpectedly, Donald Trump was successful in his bid for the White House. This election was unique in many ways; unusually consequential in that it challenged the Washington status quo. Additionally, it seems that America is trying to say something about the condition…
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