Bull Market Remains Unfazed During Global Disasters
Over the past quarter, North Korea successfully tested a hydrogen bomb; devastating hurricanes battered Texas, Florida and the Caribbean; political dysfunction in Washington featured more Russia controversy and significant White House staff turnover; Equifax...
Nine Years Into a Bull Market Means Money for Innovation
Stocks continued to rise in the face of a horrific mass-shooting and escalating geopolitical tension. The US economy shed 33,000 jobs in September, but it was largely due to the hurricanes and the overall market remains strong. Unemployment dropped to 4.2%....
New Survey: How Affluent Americans Handle Family Finances
Today we’re excited to share with you the results from our most recent survey breaking down how affluent American families handle their finances. We commissioned the Affluent Family Finances Survey through ORC International, which surveyed 1,001 parents in...
Does the Tension Between the U.S. and North Korea Affect the Market?
Global equities were calm despite hawkish comments from the Fed and more saber-rattling with North Korea. The US central bank indicated it still expects to raise rates by another 0.25% this year and revealed plans about the pace at which it will deflate its...
How Does the Equifax Breach Affect Me?
Earlier this week, news of a significant data breach at Equifax, Inc. broke, affecting an estimated 143 million U.S. consumers. While this is not the largest breach of recent times, it may very well be the most damaging to American families due to the nature...
Bill to Raise Debt Ceiling Surprisingly Passes
Devastating natural disasters and jitters over North Korea pushed the market down to start the week after the Labor Day holiday. Stocks tried, but were unable to recover fully over the remainder of the week. Stanley Fischer, the Fed’s number two official,...
Tax Reform Plan Details in Coming Weeks
A strong week helped keep the S&P 500’s monthly winning streak alive, although the red-hot NASDAQ had the first negative down month in recent memory. The devastation of Harvey and more provocations by North Korea were overlooked by investors in favor of...
Investors Skittish as Market Reaches New Highs & Abnormal Valuations
After a strong start to the week, U.S. stocks fell sharply Thursday on the back of disappointing results from Walmart and Cisco. Terror attacks in Spain and ongoing turmoil in the White House likely exacerbated the fall. Foreign stocks fared better, driven...
The Fiduciary Rule Marches On
Market Digest – Week Ending 5/26/2017 U.S. stocks closed mixed on Friday ahead of the long weekend, but the S&P and NASDAQ ended slightly up, closing at an all-time high. Despite some disappointing domestic housing and manufacturing reports, markets were...
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