Investment Commentary –October 26th, 2022 Year to Date Market Indices as of October 25th, 2022 • Dow 31,805 (-11.52%) • S&P 3,840 (-19.02%) • NASDAQ 11,513 (-29.39%) • OIL $86.20 (5.00%) • Barclay Bond Aggregate (-17.14%) IRS: These are your 401(k) and IRA contribution limits for 2023 It may be time to up your 401(k) [...]
Investment Commentary – October 12, 2022 Year to Date Market Indices as of October 12, 2022 • Dow 29,322 (-19.46%) • S&P 3,589 (-24.75%) • NASDAQ 10,428 (-33.39%) • OIL $87.57 (15.31%) • Barclay Bond Aggregate (-16.22%) Yahoo Finance: Stocks rise as investors weigh inflation data, Fed minutes U.S. stocks inched higher Wednesday even as [...]
Investment Commentary – September 28, 2022 Year to Date Market Indices as of September 28, 2022 • Dow 29,187 (-19.82%) • S&P 3,649 (-23.48%) • NASDAQ 10,805 (-30.78%) • OIL $79.54 (5.31%) • Barclay Bond Aggregate (--15.92%) JP Morgan Economic Update Growth 2Q22 Real GDP showed the economy contracted at a 0.6% annual rate [...]
Investment Commentary – September 21, 2022 Year to Date Market Indices as of September 21, 2022 • Dow 30,958 (-13.93%) • S&P 3,894 (-17.89%) • NASDAQ 11,977 (-26.54%) • OIL $88.92 (17.64%) • Barclay Bond Aggregate (--11.55%) American Century Investments: Can I Reinvest My Required Minimum Distribution? With most retirement accounts, once you reach a [...]
Investment Commentary – September 14, 2022 Year to Date Market Indices as of September 14, 2022 Dow 31,184 (-14.16%) S&P 3,948 (-11.12%) NASDAQ 11,709 (-22.09%) OIL $88.92 (17.64%) Barclay Bond Aggregate (--11.55%) Wholesale prices fell 0.1% in August amid inflation fears On a year-over-year basis, headline PPI increased 8.7%, a substantial pullback from the [...]
Investment Commentary –August 17th, 2022 Year to Date Market Indices as of August 17th, 2022 • Dow 34,118 (-5.92%) • S&P 4,307 (-9.96%) • NASDAQ 13,658 (-17.22%) • OIL $86.38 (14.57%) • Barclay Bond Aggregate (--9.62%) STOCK MARKET NEWS: Walmart, Home Depot lift Dow, housing hit again, oil below [...]
Investment Commentary – August 9, 2022 Year to Date Market Indices as of August 9, 2022 • Dow 32,771 (-9.77%) • S&P 4,121 (-13.44%) • NASDAQ 12,497 (-20.06%) • OIL $90.76 (20.29%) • Barclay Bond Aggregate (--9.77%) On rare days, the market rises 5% — or even 10%, Wells Fargo [...]
Investment Commentary – July 13, 2022 Year to Date Market Indices as of July 13, 2022 • Dow 30,966 (-15.09%) • S&P 3,823 (-20.86%) • NASDAQ 11,779 (-29.71%) • Gold $1,707 (-6.75%) • OIL $94.87 (25.74%) • Barclay Bond Aggregate (-10.76) • Fed Funds Rate 1.75-2.0 Fresh US Inflation Peak to Keep Fed on Aggressive [...]
Investment Commentary – June 29, 2022 Year to Date Market Indices as of June 29, 2022 • Dow 31,010 (-14.47%) • S&P 3,813 (-19.83%) • NASDAQ 11,146 (-28.63%) • Gold $1,820 (-0.55%) • OIL $109.46 (45.10%) • Barclay Bond Aggregate (-11.34) • Fed Funds Rate 1.75-2.0 • Current Annual Inflation Rate 8.6% Powell vows to [...]
Investment Commentary – May 25, 2022 Year to Date Market Indices as of May 25, 2022 • Dow 31,880 (-12.23%) • S&P 3,922 (-17.47%) • NASDAQ 11,708 (-28.31%) • Gold $1,850 (1.10%) • OIL $111.13 (47.29%) • Barclay Bond Aggregate (-9.18%) • Fed Funds Rate 1.00 • Current Annual Inflation Rate 8.5% Are we in [...]