The stock market, as measured by the S&P 500, is currently down for its 8th week in a row, falling close to 20% year-to-date. The main reason for the decline is that investors are nervous about whether the economy is heading into a recession. Specifically, they are worried that the Federal Reserve, in its fight …
Updates on the Economy, Stocks, Inflation, and Interest Rates Read More »
Those hoping the world would return to relative normalcy following the omicron variant’s peak in January were left disappointed, as Russia invaded Ukraine in February. In addition to stirring geopolitical tensions, the invasion strained global oil supplies, which added to the existing forces causing the highest inflation in forty years. Source: St. Louis Federal Reserve …
April 2022 Economic Commentary: Geopolitical Conflict & Higher Interest Rates Galore Read More »
A central theme to WELLth’s culture is our focus on making small, positive changes to better financial futures. These small changes, like using a credit card with a rewards program instead of a debit card, add up over a long time period to make a significantly positive difference in your overall net worth. This post …
The J-Curve – How Today’s Financial Decisions Define Tomorrow’s Success Read More »
Once in a while one of my colleagues asks me to write a more technical market commentary for them. I created one last week discussing the recent market drawdown through January and what I expect to happen next. Enjoy! _________ On the heels of an already turbulent January for stocks, many were looking to the …
2021 was the “COVID recovery” year for the economy, with industrial production, corporate profits, and gross domestic product all vaulting to new highs from their depressed 2020 levels. The unemployment rate, which peaked at 14.7% in April of 2020, dropped to 3.9% by the end of 2021. Trillions of dollars of government stimulus helped buffer the …
First Quarter 2022 Market Commentary – The Fed Duels Inflation Read More »