The Wealth Blog
The Fed Pledges Continued Aid – September 23, 2020
Actions taken by the Federal Reserve and comments from the Fed chairman affect markets. The sharp rally from the March low is due, in part,…
When Doves Fly – September 21, 2020
There are two terms that are used to describe sentiment from Federal Reserve officials – dovish and hawkish. Dovish describes a Fed that is less…
4 Steps to Plan a Successful Retirement – September 16, 2020
Let’s review these principles. 1.) How much should I be saving? Much will depend on your income and the lifestyle you would like to…
September Greets Investors with Volatility – September 14, 2020
Since bottoming on March 23, the S&P 500 Index has advanced an impressive 60% through its most recent peak on September 2 (St. Louis Federal…
What You Can Do with Your Money – September 10, 2020
Let’s look at 5 buckets you can place your money in: Spending Saving and investing Gifting to family, friends, or charity Paying taxes Setting up…
Continued Progress for the Labor Market – September 8, 2020
The government reported another monthly increase in employment, and a much better-than-expected drop in the unemployment rate in August. The graphic below illustrates the steep…
Historic Rally Runs Up Against September – September 2, 2020
Since bottoming on March 23, the S&P 500 Index2 is up a stellar 56% through August 31 (St. Louis Federal Reserve). August’s run was the…
New Approach Set to Lead to Kinder, Gentler Fed – September 1, 2020
On Thursday, the Federal Reserve announced a new policy regarding how it will handle inflation, which could keep interest rates low for a long time….
Housing: A Ray of Sunshine in a Dark Night – August 26, 2020
Many are aware of the powerful stock market rally. Amid the economic uncertainty, one sector of the real economy that has surged is housing. Following…
The S&P 500 Eclipses Prior High – August 24, 2020
The unemployment rate is above 10% (U.S. BLS). Though declining, layoffs remain at elevated levels (Dept of Labor) amid the lingering pain caused by the…
A Recession Unlike Any Other – August 19, 2020
This recession is like no other – government-induced to stop a pandemic. And the recovery has been unusually uneven. Major stock market indexes have surpassed…
Investment Implications in Election Years – August 13, 2020
Election season can be a tough time for investors to maintain a long-term perspective, given the strong emotions often evoked by politics. Campaign rhetoric tends…