RECENT NEWS
- What Donald Trump's Presidential Election Win Means for Mortgage Rateson November 21, 2024 at 6:21 am
- Take Advantage of These Clean Energy Tax Credits Before Trump Takes Officeon November 21, 2024 at 6:21 am
The clock may be ticking for taxpayers to take advantage of several clean energy tax credits, including reimbursements for home improvement projects and electric vehicle subsidies. Here's what to know.
- Plan For Retirement Beyond Your Go-Go Yearson November 21, 2024 at 6:21 am
With long retirements, you’ll need to plan ahead for multiple phases of life that come with different needs and interests.
- The Wellness Industry Is Now Richer Than Big Pharma and Sportson November 21, 2024 at 6:21 am
North American residents spend over $5,000 per year on wellness, according to a new study. The industry hit a record high in 2023.
- Video: Why Young People Are in So Much Debton November 21, 2024 at 6:21 am
Younger Americans face a financial crisis. Their growing debt burden has far outpaced that of older generations, and it’s only getting worse. Here's what’s behind it.
Weekly Market Commentary
Trade, Tariffs, and Inflation | Weekly Market Commentary | November 18, 2024
Trade dynamics have shifted considerably since President Trump’s first administration. Reshoring among U.S. businesses and headwinds to the Chinese economy may limit the inflationary impact from rogue trade policy.
Election Day Takeaways | Weekly Market Commentary | November 11, 2024
The clouds of uncertainty parted last week as former President Donald Trump decisively won the U.S. election, making him the second U.S. president to win non-consecutive terms (Grover Cleveland was the first to do it back in 1892). Investors welcomed the news with renewed risk appetite, bidding the S&P 500 to its 50th record high of the year on Friday. Trump’s proposed economic policies, including deregulation, a likely extension of the 2017 tax cuts, a possible corporate tax rate cut, and proposed tax exemptions on tips, social security, and overtime pay helped underpin buyer enthusiasm. The immediate de-risking of when the election will be decided was another big factor behind the post Election Day rally.
What Scares Us About the Economy and Markets | Weekly Market Commentary | October 28, 2024
Stocks have done so well this year that it’s fair to say market participants haven’t feared much. But just because risks haven’t affected markets lately doesn’t mean they won’t in the future. In that “spirit,” as Halloween approaches, we discuss what scares us about the economy and financial markets.
Q3 Earnings Should Be Fine, but Expectations Beyond This Quarter Are High | Weekly Market Commentary | October 21, 2024
The S&P 500 consensus earnings growth number of 3% for the third quarter is not something to write home about, especially after double-digit earnings growth in the second quarter. The soft number is partly due to a tougher comparison. In Q2 2024, earnings had an easier comparison with a 3.3% drop in earnings in the prior-year quarter (Q2 2023 vs. Q2 2022). For the third quarter now being reported, the comparison gets tougher as earnings growth in Q3 2023 was over 5% (vs. Q2 2022).
Gold Rally Is No Flash in the Pan | Weekly Market Commentary | September 30, 2024
When it comes to investing, gold may be the antithesis of artificial intelligence (AI). The precious metal has acted as a store of value for thousands of years with zero technological innovation — gold is discovered, not developed. Gold is also a real tangible asset and can act as a potential hedge against inflation or a safe haven during times of crisis.