Market

Weekly Market Insights: Bad News for Bears; Good News Buoys Markets

Weekly Market Insights: Bad News for Bears; Good News Buoys Markets Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields.  The Dow Jones Industrial Average rose 2.29%, while the Standard & Poor’s 500 increased 2.42%. The Nasdaq Composite index advanced 3.32% for the week. …

Weekly Market Insights: Bad News for Bears; Good News Buoys Markets Read More »

Weekly Market Insights: Stocks Take Summer Break, Month Remains Strong

Weekly Market Insights: Stocks Take Summer Break, Month Remains Strong Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains. The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq Composite index dropped 1.44% for the week. The MSCI EAFE …

Weekly Market Insights: Stocks Take Summer Break, Month Remains Strong Read More »

Weekly Market Insights: Earnings and Data Tell Two Different Stories on Near Future.

Weekly Market Insights: Earnings and Data Tell Two Different Stories on Near Future. Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq Composite index rose 4.32% for …

Weekly Market Insights: Earnings and Data Tell Two Different Stories on Near Future. Read More »

Weekly Market Insights: Mixed Results Following Weak Economic Data

Weekly Market Insights: Mixed Results Following Weak Economic Data Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.   The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500 declined 0.66%. But the Nasdaq Composite …

Weekly Market Insights: Mixed Results Following Weak Economic Data Read More »

Weekly Market Insights: Inflation Cools, Stocks Warm Up

Weekly Market Insights: Inflation Cools, Stocks Warm Up Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes. The Dow Jones Industrial Average gained 2.00%, while the Standard & Poor’s 500 advanced 2.67%. …

Weekly Market Insights: Inflation Cools, Stocks Warm Up Read More »

Weekly Market Insights: New Year’s Rally in Reply to Positive Economic News

Weekly Market Insights: New Year’s Rally in Reply to Positive Economic News A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The …

Weekly Market Insights: New Year’s Rally in Reply to Positive Economic News Read More »

Lifetime Estate & Gift Tax Exemption Updates for 2023

Lifetime Estate & Gift Tax Exemption Updates for 2023 In October 2022, the Internal Revenue Service (IRS) announced tax changes for 2023 — changes primarily driven, in part, by the current inflationary environment. For affluent couples or individuals interested in transferring assets to their heirs, this announcement may create new opportunities. This article provides a …

Lifetime Estate & Gift Tax Exemption Updates for 2023 Read More »