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12-07-18 Weekly Bottom Line

On December 11, 2018, Posted by , In Weekly Bottom Line, With No Comments

Data released last week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running near capacity. Furthermore, wage growth held at a healthy pace in November. An agreement between…

5 Questions to Ask Your Advisor ~ How do you get paid?

On December 4, 2018, Posted by , In Videos,Wes Johnson CFP®, With No Comments

Wes Johnson of ACT Advisors discusses five questions that you should be asking when you’re choosing a financial advisor. Today’s question: How do you get paid?

Strong Week Ahead of Big Weekend

On December 4, 2018, Posted by , In Weekly Market Commentary, With No Comments

It was a great week for the stock market. The S&P 500 Index rallied 4.9% last week, leaving the index less than 6% from its record high, on September 20, 2018 (excluding today’s gains). Gains were driven by increasing optimism (now proven to be warranted) for progress on U.S.-China trade…

Fed Shows Flexibility

On December 4, 2018, Posted by , In Weekly Economic Commentary, With No Comments

Last week, dovish language from the Federal Reserve (Fed) fueled one of the strongest rallies in U.S. stocks this year. On November 28, the S&P 500 Index posted its biggest daily gain since March and the U.S. dollar dropped the most in two weeks after Fed Chair Jerome Powell said…

11-30-18 Weekly Bottom Line

On December 4, 2018, Posted by , In Weekly Bottom Line, With No Comments

FOMC minutes released last week suggested that flexible could be the new gradual for the Fed. While a rate hike for December may be in the cards, future moves are now more dependent on the incoming economic data. President Trump and Xi are set to meet-up at the G20 summit…

Two Uncommon Early Access Options for your Employer Sponsored Plan

On November 27, 2018, Posted by , In Videos, With No Comments

Pat Latta of ACT Advisors discusses two early access options for your 401(k) / 403 (b) that you may not have considered. Learn more by scheduling an appointment to speak with Pat about your financial future. act-advisors.com/about-us/our-team/pat-latta/

Corporate America Impresses Again

On November 27, 2018, Posted by , In Weekly Market Commentary, With No Comments

Corporate America produced another outstanding earnings season. We expected another quarter of strong earnings growth, and corporate America delivered even more than we anticipated. Third quarter numbers were excellent, even if the boost from the new tax law is excluded, as has been the case throughout this year. Revenue and…

The Current State of Capex

On November 27, 2018, Posted by , In Weekly Economic Commentary, With No Comments

Business capital expenditures (capex) have grown solidly over the past two years after an oil-related contraction in 2015 and 2016. Part of the turnaround has been a natural rebound from those two years of slowdown, but fiscal stimulus is also playing an increasingly important role. Tax and spending packages passed…

11-23-18 Weekly Bottom Line

On November 27, 2018, Posted by , In Weekly Bottom Line, With No Comments

Equity market volatility persisted last week as the main indexes were dragged down by tech and energy stocks. The latter resumed their slide as oil prices fell to their lowest levels in more than a year. Housing data was mildly positive, but continued to drive in the point that the…

This Holiday Season, Take Time to Talk to Your Family About Financial Planning

On November 20, 2018, Posted by , In Doug English,Videos, With No Comments