Markets Take a Breather After Rally; Fed Cut Likely Next Week

Stocks ended the week on a muted note after a strong rally, with the S&P 500 and Nasdaq hovering near record highs.

Recent Blog Posts

2022 Spending in Retirement Survey: Understanding the Pandemic’s Impact

May 9, 2023

Overall, more than half retired earlier than expected. The most common reasons for retirement were the ability to retire from an affordability standpoint (29 percent) and having a health problem or disability not related to COVID-19 (21 percent).

Market Recap Week Ended May 5

Personal Investor

May 7, 2023

The S&P 500 and the Dow posted modest declines that were roughly equal in scale to the previous week’s gains, while the NASDAQ was essentially flat. Although stocks made sizable daily movements in the latest week, they’ve traded in a relatively narrow range since early April.

"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Philip Fisher

May 4, 2023

Philip Fisher, a renowned investor, and author, emphasized in this quote that many people who invest in the stock market are only focused on short-term gains and the fluctuating prices of stocks rather than the long-term value of the companies they invest in.

Saving money offers numerous benefits.

Retirement

May 3, 2023

Enhancing Financial Security: Saving money is a financial safety net for emergencies, unexpected expenses, or income fluctuations. This can help you evade high-interest debts like credit card debts and provide financial security.

Let our financial advisors help you save more for retirement.

Retirement

May 2, 2023

A financial advisor can help you create a personalized retirement plan that considers your specific financial goals, risk tolerance, and time horizon. They can also guide retirement savings vehicles such as 401(k) plans, IRAs, and annuities and help you select appropriate investments for your retirement portfolio.

With the Federal Reserve in the news so much, do you know how its decisions affect the economy?

Personal Investor

May 2, 2023

The Federal Reserve is responsible for implementing monetary policy in the United States, which involves setting interest rates, controlling the money supply, and regulating banks. Its decisions can have a significant impact on the economy in several ways.