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Economic Data: The Philadelphia Fed manufacturing index came out in the week and showed a greater contraction than expected – the market did not like that. Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA April 24, 2023 Watch Time: 3 minutes Welcome to this week’s Market Drama! The S&P 500 was down 0.1%
Economic Data: April’s growth came in at 253,000, above expectations. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The S&P 500 was up 1.9 Nasdaq was up 2.3%
Economic Data: Inflation data – The core CPE index came in as expected at 4.6% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The S&P 500 was up almost 1%.
science, technology, engineering, and mathematics workers in 2019, according to a report by the American Immigration Council. They often possess significant amount of wealth, are highly educated and skilled but unsure what to do when it comes to financial planning. Immigrants comprised nearly one in four, or 23.1%, of all U.S.
Economic Data: Leading Economic Index (LEI) fell 0.6% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. What’s going on beneath the surface? in April. FOMC minutes.
Economic Snapsot: Influence coming from the Fed communicating interest rates may keep hiking. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. For the quarter it was down 3%.
Economic Data – Stock rally attributes: Core CPI data came out better than expected. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. The Stock Market: The S&P 500 was up 2.2%
Economic data we can point to this: September employment data came out and payroll gains came in at 336,000. Economic Snapsot: Average hourly earnings came in at 4.15 Long-term bonds try to give a proxy for inflation + real economic growth (nominal GDP growth). It was up 0.2% Unemployment rate held steady at 3.8%.
Economic Updates: Stronger than expected retail sales, 0.7% Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. What was driving both the stock and bond market action?
Economic Updates: Oil prices were up 6% for the week. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. The ten-year has been down 25% since July 31, 2020. Core CPI ticked down from 4.3
Economic Data: The Fed, Powell’s speech: No big reveals or shift in expectations. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. S&P 500 was up 0.8% this past week.
Economic Data: July retail sales came in better than expected. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. Nasdaq was down 2.6% for the week. Concerns around the U.S
Economic Data: Macro is doing much better than people expected. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. Drops were led by the magnificent 7 (mega large-cap stocks).
Economic Data: Slow hiring this Summer from U.S. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The sell-off in stocks and bonds came in the back of Fitch downgrading the U.S.
Economic Data: Payroll’s data could have driven the markets to sell-off. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. It’s up close to 15% year-to-date.
Economic Data: Last week we saw the debt ceiling resolution in Washington, great news. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. for the week.
Economic Data: March core CPI hit expectations of 5.6% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The S&P 500 was up 0.8% week over week. year-over-year.
On Tuesday, the Federal Reserve Chairman, Powell will have remarks before the Economic Club of Washington regarding disinflation and comments about their forecast for the economy this year. We’ll probably see year-over-year drop of 5%, maybe even 6% year-over-year earnings growth. Stay tuned for next week.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Economic Data: What drove the markets last week? Economic growth remains resilient. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. It’s up 19.3% year-to-date.
Economic Updates: Strong third quarter GDP number – came in at 4.9% Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. We also had a mixed bag of earnings report. annualized growth.
Economic Data: In August, U.S. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The Stock Market: The S&P 500 was up and so was Nasdaq. S&P 500 was up 2.5% for the week.
Economic Data: In August, U.S. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The Stock Market: The S&P 500 was up and so was Nasdaq. S&P 500 was up 2.5% for the week.
Economic Data: Expectations for the Fed to cut interest rates in March of 2024, rather than in May of 2024. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial.
Economic Data: On the positive side: Housing starts for May came in much better than expected. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. for the week. for the week.
Economic Data: Core CPI came in as expected at 5.5% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The S&P 500 was down 0.2% (essentially didn’t move). Low volatility.
Leading Economic Index (LEI) fell for its 11th straight month. February 24, 2023 Explore More About Zoe Financial Zoe is a wealth platform that connects you to the right trustworthy, credentialed, and experienced wealthadvisor for your needs. Bond move index hit an over five-year high that includes COVID.
We’ll see how economic activity’s looking for the month of January so far. Andres Disclosure: This page is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. Stay tuned for next week.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Economic Data: Retail sales were up 0.2% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. This would mark the largest earnings decline reported by the index since Q2 of 2020.
Economic Data: Inflation data – The core CPE index came in as expected at 4.6% Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial. The S&P 500 was up almost 1%.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Economic Data: Producer Price Index (PPI) declined month over month by 0.3%. Best Online Financial Advisor 2022 Series A Led by Softbank Most Innovative Companies 2022 2019 Annual Fintech Competition Winner Featured by: The post Market Drama appeared first on Zoe Financial.
She is an Investopedia Top 10 Financial Advisor since 2019 and a nationally recognized financial expert, with appearances on NBC Nightly News with Lester Holt , Nightly Business Report , and CNBC’s Closing Bell. . Joshua Brown is a financial advisor and the CEO of Ritholtz Wealth Management. Marguerita Cheng. Ellen Rogin.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written. Actual economic or market events may turn out differently than anticipated. Economies and markets fluctuate. Facts presented have been obtained from sources believed to be reliable.
Salaske: What is an investment advisor? 2019, July 30). Prior to joining Advocacy Wealth Management in 2022, Robert served in a variety of positions at Fidelity Investments and Morgan Stanley as a Financial Consultant. holds a degree in Economics from Williams College and has been a financial advisor since 1989.
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