1st Quarter 2022 Market Review
After Omincron, the highest inflation rate in years, supply chain SNAFUs, oil hitting multi year highs and the first significant war of the 21st Century the stock market was on a roller coaster for first Quarter of 2022. After some gyrations, the S&P 500 Index closed March 2022 at 4,530.41, 5.55% below its all-time closing highs according to Bloomberg. The S&P500 was the bright spot. The S&P Mid Cap 400 and S&P SmallCap 600 Indices stood -7.46% and -10.06%, respectively, below their record cl
How Inflation Affects Fixed Investments
Your Retirement Plan…ready to Roll (Over)?
Nowadays, individuals change jobs many times throughout their working lives. If you are starting a new phase in your career, you are probably carefully considering how you will handle your finances while making the transition. One important aspect is your retirement plan funds. If you have accumulated savings in a 401(k), 403(b), or similar employer-sponsored retirement account, you need to decide how to manage those funds upon leaving your current position.Generally, you have the choice of tran
Weekly recap of the market…from MT Newswires
Market RecapWeek of Mar. 28 through Apr. 1, 2022 The S&P 500 closed fractionally higher for the week, extending its winning streak to a third week, as a last gasp to the upside made up for early losses that were tied to lingering concerns about a global recession and the ongoing conflict in Eastern Europe. […]
Here we go again…Mr. Biden’s team Pitches an 8.5 Trillion Plan with a RECORD TAX Hike.
From Bloomberg
Weekly recap of the market…from MT Newswires
Market RecapWeek of Mar. 21 through Mar. 25, 2022 The S&P 500 index rose 1.8% last week for its second consecutive gain, lifting the index further into positive territory for the month as stocks recouped some of their losses from earlier in the year.
The market index ended Friday’s session at 4,543.06, up from last Friday’s closing level of 4,463.12. Last week’s climb follows a 6.2% jump in the S&P 500 last week, marking its strongest weekly increase since 2020.
The back-to-back we
Weekly recap of the market…from MT Newswires
Market RecapWEEK OF MAR. 14 THROUGH MAR. 18, 2022 The S&P 500 halted a two-week losing streak with its best week of 2022 as ongoing negotiations to end the war between Russia and Ukraine coupled with efforts by the Federal Reserve to address inflationary pressures drove the benchmark index 6.2% higher to 4,463.12 from the […]
Are buying Bonds a Safe Investment?
Investors buy bonds for several reasons. Income, stability and safety are the primary ones. Many investors also think when they buy a bond that the principal is basically frozen in time and that they will get back what they paid when the bonds either mature or are called or they want to sell them. This is true in a few instances and not true most of the time. Unless you buy the bond at par ( or the call price ) you may get either more or less than you paid for a bond at maturity. And in the m
St Paddys Day!!!
Weekly recap of the market…from MT Newswires
Week of Mar. 7 through Mar. 11, 2022 The S&P 500 index fell 2.9% last week, moving the market benchmark deeper into the red for the month as Russia escalated attacks on Ukraine and data showed US inflation reached a 40-year high in February.
The S&P 500 ended the week at 4,204.31, down from last Friday’s closing level of 4,328.87. The index is now down 3.9% for the month of March and down 12% for the year to date.
The weekly drop came as Russia ramped up its attacks on Ukraine and at