Peek of the Week
Peek of the Week - Halloween Commentary 2023. We have a special Halloween Peek of the Week for you today! Halloween is a fun day to pretend to be someone else, and it's also the perfect day to remember that we can always choose to become whoever we want to be, without any pretending.
Read MorePeek of the Week - Weekly Market Commentary for October 30, 2023. We share random economic theories that have been used to explain financial market trends throughout history. One is The Aspirin Indicator, a theory that says if aspirin production is down, then the markets must be up because people are experiencing fewer headaches. It also states that if aspirin production is up, then markets must be down because people are experiencing more headaches. This year, stocks moved lower in October and both the S&P 500 and Nasdaq 500 entered correction territory. A correction occurs when an Index (or stock) drops 10 to 20 percent from its previous high. As we know, timing the market is exceptionally difficult but making a change right now is rarely a good idea if you're already working with a diversified portfolio.
Read MorePeek of the Week - Weekly Market Commentary for October 23, 2023. We share a recap of all the uncertainty cycling through the markets. According to a survey released by Investopedia last month, investors are currently most concerned about: inflation, the upcoming election, a recession, interest rates, U.S. tension with China, the war in Ukraine, the war in Israel, the U.S. credit rating and climate disasters. The ability to stay calm and consider the big picture becomes extremely important in the midst of uncertainty. We take a deeper look at the history of stock market performance and compare it to the tumultuous challenges of our current day.
Read MorePeek of the Week - Weekly Market Commentary for October 16, 2023. Investors are currently considering geopolitics, the war in Israel, inflation, consumer sentiment, government shutdowns and volatility. In the last week, we've seen a war get declared with high death tolls and now the risk of it increasing in Israel's surrounding region has appeared. Americans are experiencing persistent inflation which has consumers feeling less optimistic. The good news is that banks did well in the third quarter.
Read MorePeek of the Week - Weekly Market Commentary for October 9, 2023. Financial markets lost ground during the third quarter, but U.S. stocks rallied last week due to corporate earnings and falling inflation. New details on inflation numbers, the labor market, and U.S. employment data. Unemployment rates are nearing historically low levels and labor force participation increased.
Read MorePeek of the Week - Weekly Market Commentary for October 2, 2023. Our Peek of the Week has some updated inflation numbers to share and although inflation is slowing, Americans aren't really feeling the relief. It costs about $734 more each month to buy the same goods and services as two years ago, at least for households who earn the median income. Oil prices have continuously contributed to the "pain in the pocketbook" for people, and yet investors are hopeful that the Fed might not raise rates again in 2023. Stocks moved higher on Thursday before reversing their course.
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