Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth.
KenNovember 1, 2022
A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week.
KenOctober 25, 2022
Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft.
KenOctober 18, 2022
A powerful two-day stock rebound cemented a positive week for investors as a new trading month began.
KenOctober 11, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenOctober 4, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenSeptember 27, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenSeptember 20, 2022
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.
KenSeptember 13, 2022
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.
KenSeptember 6, 2022
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Gross domestic product (GDP) grew by a relatively stagnant 1.8% in 2011, ranking the United States 157th among the world’s countries. At the top of the list was Mongolia, with…
KenJune 28, 2013
Thirty-eight percent of Americans lack confidence that they will have enough income and assets for a comfortable retirement.¹ This may not be surprising for those in lower income tax brackets,…
KenJune 28, 2013
One might assume that most serious disabilities result from a sudden, unlucky accident. Surprisingly, 90% of all disability claims are for common health conditions such as cancer and back problems.¹…
KenJune 28, 2013
Superstorm Sandy wreaked havoc along the East Coast in 2012, leaving behind an estimated $50 billion to $60 billion in insured and uninsured economic losses. It’s likely that more than…
KenJune 28, 2013
Would you be disappointed if your child or grandchild was not able to attend his or her “dream” college solely for financial reasons? If you aspire to help a student…
KenJune 28, 2013
The Budget Control Act of 2011 mandated $1.2 trillion in automatic spending cuts, known as the sequester, if Congress failed to negotiate a more targeted deficit-reduction package. The blunt federal…
KenMay 28, 2013
The Federal Trade Commission received over 1.8 million consumer complaints in 2011 (see graph). More than half of these were for various types of fraud. Despite improved consumer education and…
KenMay 28, 2013
Despite the uncertainties of the job market, today’s workers stay in a job for an average of only 4.4 years. Job-hopping is even more prevalent among younger workers: about nine…
KenMay 28, 2013
There’s plenty of guidance available to help you feel confident that it’s time to retire. But it could be just as important to recognize signs that you may not be…
KenMay 28, 2013
Individual sectors of the U.S. economy often behave differently at various points in the business cycle. Therefore, changes in the direction or speed of economic growth can spur shifts in…
KenMay 28, 2013
Although the Affordable Care Act does not require companies to provide employee health insurance, business owners may want to pay special attention to the law’s tax implications. Large employers that…
KenMay 28, 2013
The collapse of the U.S. housing market helped drive the economy into the worst recession since the Great Depression. Unlike previous recessions, however, the housing sector lagged as the broader…
KenApril 28, 2013