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Weekly Market Report: August 8–12, 2022
Inflation Took a Step in the Right Direction Inflation took a step in the right direction this week as headline CPI and PPI data came in better than expected. The markets liked it quite a bit. The S&P 500 finished the week up 3.3%, the Dow Jones up 2.9%, and…
What Is a Recession?
Last Updated: August 12, 2024 Volatile stock markets, rising interest rates, and the highest inflation rates in 40 years bring one nagging question to the front of Americans’ minds: Are we in a recession? What Is a Recession? Definitions abound, so let’s discuss what a recession is—simply put, a recession…
Weekly Market Report: August 1–5, 2022
Unexpected Jobs Data In July, the U.S. economy added an impressive 528,000 jobs. This was double the expected jobs number. However, the market didn’t do so well this week. The Dow was off slightly, off 0.1%. S&P was up a little bit, 0.4. Nasdaq up 2.2 for the week, but…
Weekly Market Report: July 25–29, 2022
The market had a pretty good day last Tuesday. For the week, the Dow finished up 3%, S&P 500 up 4.3%, NASDAQ was up 4.7. It’s still off over 20% for the year, so technically, in a bear market. The ten-year treasury was down to 2.66% on the yield, and…
Estate Planning for Valuable Cars or Car Collections
Last Updated: August 12, 2024 You love it. You know you do. Why else would you spend so much time with it? I’m talking about your favorite car or, if you’re fortunate, car collection. The truth is, when you die, decisions will have to be made about your precious collection…
The True Cost of Homeownership
Last Updated: July 25, 2024 To many, owning a home is the pinnacle of adulthood, responsibility, and success. When you think about purchasing a home, you may tend to only think about it in terms of your down payment and monthly mortgage payment. But to limit your homeownership budget to…
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Weekly Market Report: August 15–19, 2022
Markets were off a little bit this week, as an article in the Wall Street Journal suggested that the Fed may be disengaged with the stock market. The Dow Jones was down 0.2%, S&P 500 off 1.2%, NASDAQ down 2.6. The ten-year Treasury was slightly up at 0.1 to close…
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