Last Tuesday, many Americans watched in great surprise as Donald Trump won our presidential election. Just that day, the New York Times had placed Hillary Clinton’s odds of winning at 85%,[1] based on a range of state and national polls. But, like the Brexit vote this past June, 2016 seems to be the year of [...]
We’re in the middle of an interesting moment for the markets, where short-term volatility and uncertainty might lead you to believe that the economy is faltering. After all, the major stock indexes lost ground this week, with the S&P 500 losing 1.94%, the Dow dropping 1.50%, the NASDAQ dipping 2.77%, and the MSCI EAFE declining [...]
At first glance, last week’s headlines may lead you to think that the markets are fluctuating more than they actually are. Yes, Hillary Clinton’s emails are in the news again (more on that below)—but despite that surprise, the major indexes stuck to the same range-bound performance we’ve seen for the past three months. The S&P [...]
8 tips on moving 401(k) after leaving job By Dana Dratch• Bankrate.com Location of article: http://www.bankrate.com/finance/retirement/moving-401k-after-leaving-job-1.aspx 8 tips for moving your 401(k) Workplace retirement accounts are designed to be portable. But the proposition of moving your 401(k) is a little more challenging than throwing your photos and favorite coffee mug into a box and grabbing your [...]
In our continued effort to provide you with exceptional service and market education, we have implemented a few changes to how our Weekly Market Commentary is created. You will notice that there is less technical language, and the main body of the commentary is shorter and more concise. All the other aspects of the Weekly [...]
Though stocks rose Friday after statements from Federal Reserve officials, the major indexes ended the week lower amid choppy trading. For the week, the S&P 500 lost 0.96%, the Dow fell 0.56%, the NASDAQ dropped 1.48% and the MSCI EAFE declined 1.40%.[i] Counting the Cost of Hurricanes Whenever disaster strikes, people often wonder: What’s all [...]
Photos contest ends October 31st 2016 at midnight. Winner will be announced November 1st 2016 6:00pm. Winner will receive 1 FREE 2016 personal Tax return redeemable at either Merlak Tax location. Enter your favorite part of fall via photo entry on Facebook or by email [email protected]
After a volatile September, stocks ended the third quarter of 2016 resoundingly in the black. In the third quarter, the S&P 500 gained 3.31%, the Dow grew 2.11%, the NASDAQ added 9.69%, and the MSCI EAFE gained 5.80%.[1] What drove markets in Q3? After pulling back in late June after Britain’s surprise vote to exit [...]
Savings and C.D. interest rates remain at an all-time low with no major increase in sight. So what do the banks do with your money? SOURCE: https://www.gobankingrates.com/banking/how-banks-make-money/ What can you do about it? A risk-managed portfolio offered through Brookstone Capital Management, LLC may meet your specific needs and risk tolerance.* A multi-year guarantee annuity may [...]
Though the final week of the third quarter ended positively for the major indexes, stocks took a rocky path to get there. A presidential debate, surging oil prices, and concerns about a global bank all took their toll on the market last week. For the week, the S&P 500 gained 0.17%, the Dow grew 0.26%, [...]
