Tag Archives: retirement

09 Jun

S&P Enters New Bull Market

June 9th, 2023 Stocks built on their rally this week, notching a new S&P 500 high for 2023 and topping 4,300 for the first time since August. The move higher came on a quiet week for economic news following last week’s debt ceiling standoff. Investors saw positives in a softer than expected ISM Services print,…

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02 Jun

Strong Data Launches Markets Higher

June 2nd, 2023 Markets rallied this week as the President and Congress managed to strike a deal to raise the debt ceiling and as May nonfarm payrolls crushed analyst estimates. After weeks of political wrangling, Biden and McCarthy agreed on terms to lift the government’s $31.4 trillion debt ceiling, averting a government default. The agreement…

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19 May

Stronger Data Bodes Well for Second Half Recovery

May 19th, 2023 Stocks notched a winning week as economic data continued to shine in spite of a last minute halt to debt ceiling negotiations. Despite still elevated prices and high borrowing costs, consumers were back to spending once again. April retail sales posted their first positive month-to-month print since January, led by discretionary spending…

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