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Many of our clients come to us with concerns about probate. They are extremely fearful of their assets being subject to probate. This article is going to give a brief overview of the probate process and some simple steps to help make it easier for your heirs. First of all, what is probate? Probate is Read More …
In this week’s recap: Mixed message provokes volatility. Weekly Economic Update March 27, 2023 THE WEEK ON WALL STREET Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average gained 1.18%, while the Standard & Poor’s Read More …
In this week’s recap: Markets cautious after banking woes; awaiting Fed reaction. Weekly Economic Update March 20, 2023 THE WEEK ON WALL STREET Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the technology sector. Read More …
In this week’s recap: Bad news gives markets a one-two punch. Weekly Economic Update March 13, 2023 THE WEEK ON WALL STREET Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank Read More …
In this week’s recap: Fed’s reassurance boosts stocks. Weekly Economic Update March 6, 2023 THE WEEK ON WALL STREET A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq Composite index picked up 2.58% for the Read More …
In this week’s recap: FOMC says inflation is still too high. Weekly Economic Update February 27, 2023 THE WEEK ON WALL STREET Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded Read More …
In this week’s recap: Mixed results as interest rate concerns grow. Weekly Economic Update February 20, 2023 THE WEEK ON WALL STREET Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average slipped 0.13%, while the Standard & Read More …
In this week’s recap: Mixed feelings and mixed earnings. Weekly Economic Update February 13, 2023 THE WEEK ON WALL STREET Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined Read More …
In this week’s recap: Powell: Inflation heading in the right direction. Weekly Economic Update February 6, 2023 THE WEEK ON WALL STREET Stocks were mixed last week following better-than-expected corporate reports and increasing optimism over a slowdown in interest rates. The Dow Jones Industrial Average edged lower, slipping -0.15%. The Standard & Poor’s 500 rose Read More …
In this week’s recap: Earnings and data tell two different stories on near future. Weekly Economic Update January 30, 2023 THE WEEK ON WALL STREET Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard Read More …