Tag Archives: estate planning

30 Sep

S&P 500 Closes Tough Week, Month, and Quarter

September 30th, 2022 It was another roller coaster ride for the market as investors closed the books on the week, month, and quarter on a sour note. With economic news being light this week, investors remained focused on the Fed’s aggressive monetary tightening and its potential to push the economy into recession. The prospect of…

Read More
23 Sep

The Fed at Work

September 23rd, 2022 It was a brutal week for markets as the Federal Reserve announced its third consecutive 75 bps hike at the conclusion of its 2-day FOMC meeting on Wednesday. Wednesday’s hike marked the central bank’s fastest pace of monetary tightening since the early 1980s, and at a targeted range of 3.00% to 3.25%,…

Read More
16 Sep

Strong Core Slams Stocks

September 16th, 2022 Rising core inflation gave markets a rude wake-up call this week, throwing cold water on the market’s recent narrative that the Federal Reserve would soon pivot to a less aggressive posture. Core CPI surprised to the upside, jumping 0.60% in August. That was above estimates of a 0.30% rise. The month-to-month increase…

Read More