The Markets (as of market close January 6, 2023) Last Friday’s rally helped drive stocks higher to end the first full week of January. Investors apparently saw a deceleration in November and December average hourly earnings (see jobs report below) as a sign that...
The Markets (as of market close December 30, 2022) A late-week surge in dip buying wasn’t enough to save stocks from closing the last week of 2022 in the red. Only the Russell 2000 and the Global Dow managed to eke out minimal gains. The Nasdaq, S&P 500, and...
The Markets (as of market close December 23, 2022) Stocks ended a turbulent week generally lower as investors digested the latest inflation data and the Federal Reserve’s possible response. Of the benchmark indexes listed here, only the Dow and the Global Dow...
The Markets (as of market close December 16, 2022) Wall Street saw stocks end last week lower as investors worried that the Federal Reserve’s push to slow rising inflation may lead the economy into a recession. Early in the week, investors were buoyed by...
Stimulus Payments: Spending, Savings, or Both? Americans put COVID-19 stimulus funds to a variety of uses. More Details Three Stretch IRA Alternatives The SECURE Act eliminated the stretch IRA strategy, but there are alternatives. More Details A 529 Plan Can Help...
