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Waiting For A Windfall

Wednesday, August 7 2019

We’ve talked recently about the dangers of “rolling the dice” in retirement, especially when it comes to picking risky investments. This week I want to focus on a different sort of investor: the one who doesn’t even have the dice in his hand. In fact, this investor didn’t even need... [+] READ MORE

Fed Cuts Rates, Stocks Retreat

Wednesday, August 7 2019

The Week on Wall Street Last week, the Federal Reserve cut interest rates for the first time in more than a decade, in line with Wall Street’s expectations. Ironically, stocks had their worst week of 2019. The S&P 500 finished the week 3.10% lower. The Dow Jones Industrial Average and... [+] READ MORE

S&P & Nasdaq Outgain Dow | Weekly Market Update | July 31st

Wednesday, July 31 2019

The Week on Wall Street Last week, investors assessed earnings and the initial estimate of second-quarter economic growth, while awaiting the Federal Reserve’s next announcement about interest rates. Stocks rose for the week; particularly, tech shares. The S&P 500 gained 1.65%; the Nasdaq Composite, 2.26%. The Dow Jones Industrial Average... [+] READ MORE