Give Your Retirement a Trial Run
With many major purchases in life, we often have the opportunity to test out or experience the products we’re buying. We can test drive a car, tour a home, or try on a new outfit. For the older Gen Xers [...]
Oct. 17th, 2024: Weekly Market Review
1. The stock and bond markets reacted positively to the latest inflation (CPI) report for September. Released on October 10, the latest CPI report showed that inflation continues to moderate, but certain areas remain persistent. Headline inflation dropped to 2.3% year-over-year, [...]
Oct. 10th, 2024: Weekly Market Review
1. The Fed is watching the weather and Fed Chair Powell is contemplating a 50bps cut in November. U.S. was recently struck by two significant hurricanes, Helene and Milton, which caused extensive damage. Hurricane Helene made landfall in northern Florida in [...]
Oct. 3rd, 2024: Weekly Market Review
1. Some of the companies that have recently announced layoffs include Amperity, Drata, F5, Fly.io, FreightWaves, IBM, Luminar, Moov, Notable Labs, Olo, Reverb, and Udemy. In 2024, at least 86,913 workers at U.S.-based tech companies have been laid off so far. These layoffs are part of a continuing trend from the tech sector, [...]
Sept. 26th, 2024: Weekly Market Review
1. In his most recent weekly article titled "The Budget Blowout," Brian Wesbury of First Trust highlights the alarming growth of the U.S. federal budget deficit, which reached $1.9 trillion in 2024, accounting for 6.7% of GDP. He compares this deficit [...]
Sept. 20th, 2024: Weekly Market Review
1. The Federal Reserve's decision to cut interest rates by 50 basis points (bps), as anticipated, reflects Chairman Jay Powell's proactive strategy to support the overall health of the U.S. economy. This preemptive measure is aimed at maintaining economic stability [...]
