Weekly Bottom Line
The U.S. Federal Reserve continues to upgrade its outlook. And while Chairman Powell reiterated that the recent rise in inflation was transitory, he acknowledged that there was a risk that inflation could be higher than expected. Most U.S. Federal Reserve officials now expect to start raising interest rates in 2023,…
Inflation and What the Fed is Saying
Inflation has been on the rise. Investors are not as interested in what’s happening now as they are in what’s happening next. Meanwhile, the Federal Reserve (Fed) shared its views at the conclusion of its last policy meeting on Wednesday, June 16. And while the Fed’s position that inflation is…
Wes Johnson on NPR: Is the Stock Market Predicting a Good Economy Ahead?
You’ve probably noticed that since the pandemic hit and drove the stock market into a steep decline, it has rebounded significantly. The tech-heavy NASDAQ, in particular. Yet the economy is far from where it was pre-COVID. The stock market has a history of being a leading economic indicator. Is that…
Market Volatility and the Coronavirus
Dear Valued Clients, In these volatile markets we want you to know your ACT Advisors team is on top of what is happening with daily research calls and up to the minute technical data. We are actively looking for opportunities to advance and protect your portfolio and making plans for…
Coronavirus Impacts on the Stock Market
Monday was a tough day in the stock market, with the S&P 500 Index down more than 3% as the number of coronavirus cases reported outside of China jumped. Monday’s losses reversed all of this year’s gains so far for the S&P 500 Index and the Dow Jones Industrial Averages….
Wes Johnson on NPR: “To Fear or Not to Fear” New Stock Market Highs
The stock market’s recent all-time highs have some folks seeing a warning sign while others see a green light to invest in the markets. In this interview, Wes Johnson, CFP® discusses if new stock market highs should be feared or embraced. Click the link below to listen to the replay….
Don’t be worried! Have a plan.
Is market uncertainty making you worried? Check out what Doug English, CFP® has to say about what you can do to ease your anxiety.
In Case of Emergency: Essential Documents to Take with You
Hurricanes, fires, storm surges and other emergencies may make it necessary for you to evacuate your home. First and foremost, the priority in an emergency should be the safety of you and your family. Tracking down important documents (like insurance policies) shouldn’t delay leaving quickly and safely. Ideally, you should…
A Fed Rate Cut and the Economy
This summer has been interesting. Thus far, temperatures have been at a maximum for much of the country, while typical summer storms have been at a minimum. A parallel can be drawn for the financial markets: Major stock indexes are hovering near record levels, while other asset classes like bonds…