Credit Cooperating
It seems that a lot of recent economic data is painting a mixed picture. James Nelson shares which data their team is focusing on recently and what it means for our investment accounts.
Positive Momentum Tempered by Excessive Optimism
OVERVIEW U.S. stocks were mixed last week, with the S&P 500 rising 0.32% and the Nasdaq gaining 2.51% but the Dow falling 1%. Growth stocks emerged as the leaders among different stock categories, with a rise of 1.64%. Conversely, value stocks faced a...
Running on Empty
The clock is ticking for the U.S. government’s finances. As our featured chart above shows, Uncle Sam’s checking account—something known as the Treasury General Account—is quickly shrinking. This week’s latest update showed the balance dropping to less than $50...
Great Expectations
For this week’s indicator, we’re going to take a look at stock market earnings and how they can be used to forecast stock market returns. In the top part of the chart above, we have plotted the S&P 500 Index’s monthly close (green line), which we’ll be...
Financial Focus – May 24th, 2023
Tune in to this week’s edition of Financial Focus with Nate Kreinbrink and Mike Steigerwald as they navigate the urgent issue of the debt ceiling predicament in Washington and its impact on your retirement.
A Win On The Inflation Front
It’s time for 4 Your Money! The latest inflation number came in slightly below expectations. David Nelson explains if this is a positive sign.
Yearly Momentum
OVERVIEW The three major U.S. stock indices ended the week on a positive note, with both the Nasdaq and S&P 500 achieving their highest weekly close since August 2022. The Dow experienced a modest increase of 0.38%, while the S&P 500 saw a rise of 1.65%...
Sluggish
Sluggish growth continues to plague the U.S. economy. Retail sales and industrial production, both of which are strongly correlated with economic growth, came in unusually weak last month. The year-over-year change in retail sales, shown below, rose just 0.5% in...
Getting Liquid
There's this amusing scene in the 2000 movie Boiler Room where Ben Affleck's character boasts about his wealth to a room full of interns. He proudly mentions his luxurious car, beautiful house, and most importantly, he says, “I am liquid.” By "liquid," he means...
Financial Focus – May 17th, 2023
Don’t miss out on this week’s Financial Focus, as Nate Kreinbrink teams up with Andy Fergurson to delve into the realm of taxes. Join them as they explore topics such as checking refunds, the impact of tax law changes on withholdings, and valuable insights to navigate the ever-changing tax landscape.
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