Stuck in a Rut – The losing streak for the Dow extended to seven weeks the longest such string for that index in decades-while the S&P 500 and NASDAQ fell for the sixth week in a row. Each index dropped around 2% to 3% and the S&P 500 retreated to its lowest level since March […]
Losing Traction – The major U.S. indexes fell for the fifth week in a row after a rapid shift in sentiment sent stocks reeling on Thursday. On Friday, an employment report showed that the economy generated 428,000 jobs in April, and the major indexes ended up with relatively modest weekly declines: -1.5% for the NASDAQ […]
Top News Of Last Week April Showers – There was no relief for the stock market in April on the heels of a tough first quarter. The major indexes were all down for the month, with the NASDAQ sustaining the biggest decline at more than 13%-its worst month since October 2008-amid broad weakness for technology […]
Here is the April, 25th edition of the Weekly Wealth Management Insights update from Crown Haven Wealth Advisors, Indiana’s #1 independent and fiduciary full-service firm. Q1 GDP Ahead – A report scheduled to be released on Thursday will show whether the U.S. economy’s strong late 2021 momentum carried over into early 2022. The government will release […]
Earnings Time – A handful of major U.S. banks kicked off earnings season with mixed results. Overall, the biggest banks are expected to suffer from difficult year-over-year comparisons to the big profits they reported earlier in the recovery from the pandemic. As of Friday, analysts were forecasting that first-quarter earnings for banks in the S&P […]
Top News to Watch This Week Inflation Checkup – A Consumer Price Index report scheduled to be released on Tuesday will show whether the U.S. economy got any relief in March from surging inflation. A month earlier, the government reported that inflation accelerated in February at a 7.9% annual rate the highest in four decades-eclipsing […]
Top News to Watch This Week Longer-Term View – Although Wall Street analysts have recently scaled back their expectations for quarterly earnings reports that begin coming out this month, they’ve been raising their forecasts for the rest of the year, according to FactSet. In January through March, analysts cut their first-quarter earnings estimates for companies […]
Bond Price Rout- The sharp year-to-date decline in bond prices accelerated, sending the yield of the 10-year U.S. Treasury bond up to levels not seen since May 2019. After finishing the previous week at 2.15%, the 10-year yield jumped to 2.49% on Friday. At the end of 2021, the yield was just 1.51%. Gloomier Outlook […]
2022 brings new tax and saving changes that could impact your finances. Updates include standard deductions, retirement-plan contributions, estate, and gift tax changes are the federal government’s effort to the American people feel fewer effects of record-high inflation. Read below or watch Casey’s interview on WRTV Indianapolis to learn more about how you can make […]
Here is a question about your retirement plan and when your investments lose value. Whether it’s your 401(k), IRA, Roth IRA, Rollover IRA, or other financial accounts. It could be stocks, mutual funds, REITs or other investments. How much better off would you be today if you had never experienced losses from the last market […]
