Tag Archives: estate planning

04 Aug

Fitch, Please!

August 4th, 2023 Credit ratings agency Fitch stopped market bulls’ push for a fourth consecutive winning week for the Dow Jones Industrial Average. Fitch is one of the top three credit rating agencies internationally along with Moody’s and Standard and Poor’s. On Tuesday, the firm downgraded the U.S.’s credit rating from AAA to AA+. Fitch…

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28 Jul

Dow Brushes Off Rate Hike but Falls Short of the Record Books

July 28th, 2023 The Dow had the longest, daily winning streak record in its sights but ultimately fell just short following Wednesday’s rate announcement by the Fed. While the Dow failed to match the 14-day record set in 1897 – just a year after the index had been created with an initial 12 stocks – the…

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21 Jul

Investors Keep Market Sizzling

July 21st, 2023 Like a Texas heatwave, the Dow Jones Industrial Average continued its hot streak this week. The index has now risen for 10 consecutive days – its best daily winning streak since 2017. Better than expected Q2 earnings and resilience in consumer spending helped push the Dow higher. Although we’re still early in…

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