The FDIC took over Silicon Valley Bank (“SVB”) and Signature Bank last week.
To boost the stability of the banking system, the government effectively protected all depositors in the banking system.
While some risk remains, we believe the big systemic risks are now lower. … Read More
Despite many layoff announcements, the recent unemployment rate and job openings figures, 3.6% and 10.8mrespectively, continued to signal tightness in the labor market. Beneath the surface, there is actually less strengththan meets the eye with wages failing to keep pace with inflation the past 23 months.… Read More
You’re interested in taking control of your money, but you find yourself in situations like:
Sitting quietly while the men talk about money (maybe even yours), worried you’ll sound silly if you speak up
Watching the news and wishing you knew more, but the whole financial world feels so complex and intimidating
Not wanting to become one of those women who gets taken for all her savings
You’re good at what you do (hobbies, career, and running your busy life), but feeling in control of your financial life feels so out of reach and overwhelming.… Read More
What do you really know about taxes?
How familiar are you with the basics? What about the intricacies?
It’s no secret most of us aren’t tax pros.
Many of us have some pretty big knowledge gaps when it comes to key tax issues, like different tax brackets, charitable giving, and tax liabilities.… Read More
Recent unexpectedly strong economic data have caused U.S. investors to reassess their outlook on U.S. monetarypolicy. After February’s Federal Open Market Committee (FOMC) meeting, federal funds futures were pricing in aterminal rate of 4.9% and a year-end rate of 4.4%, implying two rate cuts by the end of 2023.… Read More
With over 90% of the S&P 500’s market cap reported, we are tracking 4Q22 operating earnings per share (EPS) of $49.37,representing y/y and q/q declines of 13.0% and 1.9%, respectively. Furthermore, S&P 500 operating margins aresitting at 10.8%, down from 13.4% in 4Q21 and 11.3% in 3Q22.… Read More
Planning financially for retirement can help make aging more comfortable
Yes, there are good things about being old, such as increased happiness, less stress, better marriages and deeper friendships. You seldom hear that: People tend to focus on the negatives of aging.… Read More
U.S. retail sales rebounded sharply in January, exceeding expectations, and signaling that the American consumercontinues to spend. After consecutive months of decline into the end of 2022, nominal retail sales jumped by 3%m/m in January.
Download Full-Size PDF:
Click Here
weekly_market_recap-02-20-2023
Improving global PMIs and a much better-than-expected employment report have recently given investors new confidence that the economy can avert a near-term recession, boosting market sentiment and stock prices.
Download Full-Size PDF:
Click Here
weekly_market_recap-02-13-2023
What if you could give any child in your life a brighter financial future without spending a single penny?
What if it only took the right words?
Believe it or not, that IS possible.
Talking to children about money now can pay off in a big way later.… Read More