by NelsonCorp Wealth Management | Oct 14, 2021 | Indicator Insights
This week’s featured indicator focuses on industrial production, or how much physical stuff is produced in the economy. It includes everything from prescription medicines, cell phones, and TVs to nuggets of gold, steel bars, and planks of wood. Despite our...
by NelsonCorp Wealth Management | Oct 11, 2021 | Weekly Market Thoughts
OVERVIEW The U.S. stock market rebounded last week with all three major indices in the green. The Dow saw the biggest gains, rising 1.22%, the S&P 500 gained 0.79%, and the Nasdaq brought up the rear with a 0.09% gain. Growth stocks lagged, rising about...
by NelsonCorp Wealth Management | Oct 8, 2021 | Chart of the Week
Bonds have really struggled this year. Globally, they are down about 4.2%, as represented by the Bloomberg Barclays Global Aggregate Bond Index shown in the chart above. The index is on track for its worst annual return in roughly two decades, and it’s well...
by NelsonCorp Wealth Management | Oct 7, 2021 | Indicator Insights
One of the primary ways the Federal Reserve influences the economy is through interest rates. By setting the overnight funding rate that banks use to borrow and lend to each other, the Fed can influence other interest rates in the economy. However, there is...
by NelsonCorp Wealth Management | Oct 4, 2021 | Weekly Market Thoughts
OVERVIEW The major U.S. stock indices sold off last week, resulting in the S&P 500 finally reaching a 5% drawdown from its high. For the week, the S&P 500 fell 2.21%, the Dow dropped 1.36%, and the Nasdaq declined 3.2%. The biggest declines were...
