In this week’s recap: stocks come all the way back from their December lows, Q1 growth surpasses expectations, and earnings take center stage. Weekly Economic Update Presented by Rabenold Advisors, April 29, 2019 THE WEEK ON WALL STREET Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic … Read More
In this week’s recap: stocks move sideways as earnings season gathers momentum, and retail sales jump. Weekly Economic Update Presented by Rabenold Advisors, April 22, 2019 THE WEEK ON WALL STREET A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the … Read More
In this week’s recap: stocks advance after earnings season gets off to an encouraging start, and consumer prices rise the most in more than a year. Weekly Economic Update Presented by Rabenold Advisors, April 15, 2019 THE WEEK ON WALL STREET Stocks broke out of a narrow range on Friday following news that two major … Read More
Earnings for All Seasons What is it and why is it important? Provided by Rabenold Advisors While nature offers four seasons, Wall Street offers only one – four times a year. It’s called “earnings season,” and it can move the markets. So, what is earnings season, and why is it important? Earnings season is the … Read More
In this week’s recap: stocks rise with help from a reassuring March employment report as well as news of further progress in U.S.-China trade talks. Weekly Economic Update Presented by Rabenold Advisors, April 8, 2019 THE WEEK ON WALL STREET Stocks posted their second straight weekly gain. The Dow Jones Industrial Average gained 1.17% in … Read More
In this month’s recap: the Federal Reserve sees no rate hikes in 2019, investors watch Treasury yields with interest, hiring suddenly weakens, home sales pick up, and the price of oil tops $60. Monthly Economic Update Presented by Rabenold Advisors, April 2019 THE MONTH IN BRIEF The Federal Reserve altered its outlook on interest rates … Read More
Saving Your Elderly Parents from Financial Fraud Talk about precautions with the seniors in your family. Provided by Rabenold Advisors Elders are financially defrauded in this country on a daily basis. Only a few of these crimes are made public. In fact, the National Adult Protective Services Association (NAPSA) estimates that only 1 in 44 … Read More
In this week’s recap: stocks close out a great quarter, mortgage rates decline, and Wall Street awaits a wave of IPO action. Weekly Economic Update Presented by Rabenold Advisors, April 1, 2019 THE WEEK ON WALL STREET Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from … Read More