As of last Friday, you may have heard that the S&P 500 index has entered a correction. In the same way a car’s engine can overheat, the stock market can overheat after periods of sustained and, more often than not, rapid growth. At the peak of these growth periods, stocks prices may have even increased […]
Market Corrections Read More »
Here is a breakdown of where each market driver currently sits: U.S. Real GDP growth came in at 4.9% in the third quarter. There have been 32 instances since 1980 in which GDP has grown by at least 4.9%, and the following quarter has averaged GDP growth of 3.3%. In fact, 29 of the 32
Current Market Drivers 10/31/23 Read More »
Retirement Planning Series, Part III In our previous newsletter, we continued the Retirement Planning section of our financial literacy series by discussing Individual Retirement Accounts, or IRAs. Today, we will delve into the topic of how to estimate your retirement expenses and budget. While there are general rules of thumb, each person’s financial life is
Estimating Retirement Expenses Read More »
Here is a breakdown of where each market driver currently sits: The U.S. Consumer Price Index (CPI) came in at 3.70% year-over-year in September, slightly higher than August’s level of 3.67%. The Core CPI, which excludes food and energy costs, came in at 4.15% year-over-year in September, lower than August’s level of 4.35%. As we
Current Market Drivers 10/13/23 Read More »
