Weekly Economic Update November 15, 2021

November 15, 2021 Weekly Economic Updates
In this week’s recap: Stocks tap the brakes after signs of higher inflation. THE WEEK ON WALL STREET Stocks posted small declines last week as investors digested recent stock market gains and an unexpectedly high inflation read. The Dow Jones Industrial Average slid 0.63%, while the Standard & Poor’s 500 retreated 0.31%. The Nasdaq Composite
Continue Reading...

Retirement In Sight November 2021

November 15, 2021 Retirement Insights
Monthly News and Information for Current and Future Retirees QUOTE OF THE MONTH “The possible’ s slow fuse is lit by the imagination.” – EMILY DICKINSON IF THE SECURE ACT 2.0 BECOMES LAW, WHAT CHANGES? When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on January 1, 2020, it altered rules for
Continue Reading...

Weekly Economic Update November 8, 2021

November 8, 2021 Weekly Economic Updates
In this week’s recap: Tapering news, profits, and other encouraging data lifts stocks. THE WEEK ON WALL STREET A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain. The Dow Jones Industrial Average rose 1.42%, while the Standard & Poor’s 500 advanced 2.00%.
Continue Reading...

Monthly Economic Update November 2021

November 5, 2021 Blog
In this month’s recap: Stock prices notched solid gains as a strong start to the corporate earnings season fired up investors. U.S. Markets A strong corporate earnings season renewed investor enthusiasm for stocks and propelled the market to healthy gains in October. The Dow Jones Industrial Average advanced 5.84 percent while the Standard & Poor’s
Continue Reading...

Weekly Eco Update November 1, 2021

November 1, 2021 Weekly Economic Updates
In this week’s recap: Earnings build while GDP slows. THE WEEK ON WALL STREET A fresh wave of positive corporate earnings surprises sent markets to new record highs last week. The Dow Jones Industrial Average increased 0.40%, while the Standard & Poor’s 500 rose 1.33%. The Nasdaq Composite index picked up 2.71% for the week.
Continue Reading...

Weekly Economic Update October 25, 2021

October 25, 2021 Weekly Economic Updates
In this week’s recap: Strong week on Wall Street, despite concerns with inflation, supply chain, and other matters THE WEEK ON WALL STREET Stocks rallied last week on a stream of positive corporate earnings surprises. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 advanced 1.64%. The Nasdaq Composite index gained
Continue Reading...

Weekly Economic Update October 18, 2021

October 19, 2021 Weekly Economic Updates
In this week’s recap: The Fed unveils tapering plans; investor optimism rises. THE WEEK ON WALL STREET A strong opening to the third-quarter earnings season sparked a late week, broad-based rally that helped stocks finish the week with solid gains. The Dow Jones Industrial Average rose 1.58%, while the Standard & Poor’s 500 added 1.82%.
Continue Reading...

Retirement In Sight October 2021

October 15, 2021 Retirement Insights
Monthly News and Information for Current and Future Retirees QUOTE OF THE MONTH “The great thing about getting older is that you don’t lose all the other ages you’ve been.” MADELEINE L’ENGLE ROBOCALLS, ROBOTEXTS: PROTECT YOURSELF, AND YOUR MONEY Are you getting more unwanted text messages on your phone than you used to get? That
Continue Reading...

Weekly Economic Update October 11, 2021

October 11, 2021 Weekly Economic Updates
In this week’s recap: Debt ceiling raised until December; employment numbers paint confusing picture. THE WEEK ON WALL STREET The overhang of bumping against the federal debt ceiling was lifted last week with an agreement to extend the debt ceiling through early December, helping propel stocks to a weekly gain. The Dow Jones Industrial Average
Continue Reading...

Monthly Economic Update October 2021

October 5, 2021 Blog
In this month’s recap: Stocks hit some turbulence, turning cautious amid slowing economic growth, and policy debate in Washington. U.S. Markets The stock market hit a pocket of turbulence in September, with investors turning cautious amid Delta variant infections, slowing economic growth and ongoing policy debate in Washington. The Dow Jones Industrial Average fell 4.29
Continue Reading...