August 24, 2018 Weekly Market Recap
The S&P 500 clawed back to record territory this week, closing Friday at a new high for the first time since January 26. Political uncertainty, trade ambiguity, and strengthened expectations for two more rate hikes this year all failed to dissuade motivated buyers, who pushed stocks higher in three of the week’s five sessions.
Where’s the Value?
From 1928-2017 the value premium (value stock returns minus growth stock returns) in the US had a positive annualized return of approximately 3.5%. In seven of the last 10 calendar years, however, the value premium in the US has been negative.
August 17, 2018 Weekly Market Recap
The S&P 500 advanced 0.6% this week, recouping last week’s modest decline, amid a host of retail earnings, more volatility in the Turkish lira, and another chapter in the U.S.-China trade war saga.
Crisis in Turkey
This is a difficult time for international stocks, especially in developing countries. At the moment, political and market events in Turkey are sparking volatility across emerging markets.
August 10, 2018 Weekly Market Recap
The S&P 500 started the week on a positive note, extending last week’s winning streak and coming within 0.5% of its January 26 record high. However, the index struggled in the back half of the week, especially on Friday amid a sharp drop in the Turkish lira.
What it Means to be a Fiduciary
Financial Synergies Wealth Advisors is an independent Registered Investment Advisor (RIA). More importantly, we are a Fiduciary – legally and ethically bound to act in the best interests of our clients. Most financial advisors are not fiduciaries.
The Real Impact of Inflation
When the prices of goods and services increase over time, consumers can buy fewer of them with every dollar they have saved. This erosion of the real purchasing power of wealth is called inflation. Inflation is an important element of investing.
August 3, 2018 Weekly Market Recap
U.S. stocks edged higher Friday, lifting the S&P 500 to its fifth consecutive weekly gain, after a string of upbeat earnings helped reassure investors that the market is on solid footing.
What Do Last Week’s GDP Numbers Mean?
In a nutshell, the U.S. economy continues to grow at a blistering pace. Last week’s GDP (gross domestic product) report estimates that the economy grew by 4.1% in the second quarter, the fastest quarterly pace since 2014.
July 20, 2018 Weekly Market Recap
There were a ton of headlines out of Washington this week, but Wall Street kept its cool, finishing little changed. The S&P 500 finished flat, while the Dow Jones finished a bit higher (+0.2%), and the Nasdaq finished a tick lower (-0.1%). The small-cap Russell 2000 outperformed, rallying 0.6%.
2nd Quarter 2018 Newsletter
Below you’ll find our 2nd Quarter 2018 Newsletter, which includes articles on the economy, markets, and financial planning topics. We hope you find them helpful and informative. Hopefully you are enjoying your summer!
July 13, 2018 Weekly Market Recap
We enter earnings season on a positive note. Wall Street advanced for the second week in a row, with the Nasdaq (+1.8%) touching a new record and the S&P 500 (+1.5%) hitting its best level since the big drop in early February. The Dow Jones (+2.3%) outperformed its peers, returning to positive territory for the year.
2nd Quarter 2018 Market Review
This report features world capital market performance and a timeline of events for the 2nd Quarter 2018 – Financial Synergies.
July 6, 2018 Weekly Market Recap
U.S. stocks jumped Friday and posted weekly gains, as signs of a buoyant labor market helped investors look past escalating trade tensions between the world’s two biggest economies.
Trade Tensions Still Weigh on Markets
With the second quarter behind us, many investors continue to worry about escalating trade tensions. This has been a challenging environment for all markets, especially international ones.
