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The Latest

Peek of the Week

Rates are rising for consumers and investors

Be careful what you ask for…you just might get it! Today's Peek of the Week explains the recent increase in Treasury rates, the drop in demand for home loans and how the cost of carrying credit card debt has increased. It was early March when almost two-thirds of Americans said the Federal Reserve should be more aggressive when it comes to inflation. Well, Americans got what they asked for! When rates rise, borrowing money becomes more expensive, demand gets reduced and prices go even higher.

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Investor clarity improves as we spring forward

Last week, the FOMC (Federal Open Market Committee) met and decided to raise the federal funds target rate by a quarter point. Most people were expecting this to happen, and Jerome Powell expects the Fed will continue to raise rates in 2022 in hopes of lowering inflation. Today's Peek of the Week has insight about the yield curve, future rate hikes and implications of Russia's invasion of Ukraine. Investors felt reassured after last week's improved clarity. Major U.S. stock indices rallied and accomplished some gains.

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Preparing for luck on St. Patrick's Day

Tomorrow is St. Patrick’s Day! Saint Patrick once said that "luck is when an opportunity comes along and you've prepared for it." But it should be noted that the man we know as "Saint Patrick" was actually named Maewyn Succat. It might also be a surprise to find out that he wasn't Irish at all! Read our special St. Patrick's Day Commentary to learn about the legend of Saint Patrick and a few fun facts that you could share with family or friends over a green beer!

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Investor optimism drops as workplace equality grows

Investor optimism is low. In only two weeks, the war has altered the status of over two million people in Ukraine. In response, investors are focusing on the short-term implications of the war. Today's Peek of the Week dives into the top investor concerns such as slowed economic growth, rising inflation, supply chain breakdowns and the demand for goods that simply aren't available. Also today: equality in the workplace is a topic that follows us throughout time and today's blog brings us some updated facts when it comes to women in the workplace.

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Adapting to war and a changing reality

U.S. stocks finished the week lower. This comes as no surprise as our world is currently being forced to quickly adapt to a fast-changing reality. The war in Ukraine has intensified and financial markets are grappling with all this uncertainty. Today's Peek of the Week discusses the recent wartime sanctions and how economists are now expected to revise their predictions for global growth and inflation. Economists anticipate the rising commodity prices (on things like oil and gas) are likely to push inflation higher than it might have been otherwise, causing a slowdown for the global economy.

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Stocks markets fight the implications of war

Last week, Russian invaded Ukraine. After the invasion, the Russia Trading System Index (a gauge of the Russian stock market) dropped 38 percent. Today's Peek of the Week explains how the major U.S. stock indices responded and how they were able to partially recover during Friday's session. There are many global markets to keep track of as geopolitical events continue to unfold. The cost of war can be felt by most when the demand for things is high and the supply is low. The reality: the war is pushing prices even higher.

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Market corrections... and the great college debate!

Today's Peek of the Week is full of questions. Investors wonder what will happen with the current geopolitical tensions, if the Federal Reserve will tame inflation and how the market correction is being received. Major U.S. stock indices moved lower last week and came even closer to correction territory. A stock market correction occurs when assets, indexes or markets decline by 10 to 20 percent and although they feel unpleasant, they aren't unusual. In addition, here have been all kinds of debates about college and its importance. Questions such as: is college a good investment? Which college majors are worth the cost? And, should employers remove college degree requirements from job listings? What do YOU think?

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As tensions escalate, nature cures

Why did the U.S. stock markets finish the week lower? There are few factors that come into play. We're still facing the issue of inflation and after the inflation report was released, investors recalibrated their expectations to include a federal rate increase. Today's Peek of the Week explores three other factors that could be contributing to stocks finishing lower: the U.S. Treasury yield curve percentage, escalating geopolitical tensions between Russia and Ukraine, plus declining consumer sentiments. The reality is that there is no single answer that contributes to a stock market decrease and tremendous uncertainty lies ahead. Also, how nature holds the power to CURE us…

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Love and Economics on Valentine's Weekend

Romantics love Valentine’s Day, and so do some practitioners of the dismal science, which is just another name for economics. You might think economists are all about the $27 billion Americans spent on the holiday last year, but that’s just part of the story... Read our special Valentine's Day Commentary to learn about viewing love as a unique form of currency in these times that require resilience and patience.

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Signs of a strong economy while Olympians earn big

Have you ever heard the saying "a rosy view through the rearview mirror?" Economists have held back on expressing positive outlooks due to Omicron spread, and they were ultimately surprised by how things played out. Today's "Peek of the Week" details the number of #jobs that were added (rather than lost), painting a picture of a robust economic growth in the United States despite the supply chain issues and pandemic variants. We also discuss #Olympians who place in the top three and their rewards (NOT including the medals). Check it out!

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Wishing You Happiness and Prosperity this Lunar New Year

Gong hei fat choy (恭喜发财)

In Chinese this means 'Wishing you happiness and prosperity!’

Happy Lunar New Year from Achievement Financial! The holiday begins today, February 1st and while it officially spans three days, it’s celebrated in China and other Asian countries over the course of two weeks. Read our special Lunar New Year 2022 commentary. We share a link to the Lunar New Year "dos and don'ts," and more Lunar New Year facts.

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Economic expansion brings space exploration

January presented us with a month of stock market decline but last Friday's gain "snapped a three-day streak of losses and left the S&P 500 up 0.8 percent for the week." Today's #PeekoftheWeek lists some possible reasons why the first weekly gain of the year took a few weeks to occur and how economic expansion is leading us to more space exploration. Take our "space economy" quiz to find out how much you know!

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