Achievement Financial
Dream. Plan. Achieve.
FullSizeR (6).jpg

The Latest

Peek of the Week

Posts tagged #costofliving
The state of the economy is open to interpretation
The state of the economy is open to interpretation

Today, gauging the state of the American economy is akin to interpreting abstract art. Many economic indicators suggest the economy remains strong despite the Federal Reserve’s efforts to cool it off. Read our Peek of the Week to learn more about rate hikes, sticky inflation, a vibrant labor market, a booming manufacturing sector, optimistic consumers and yet very confused investors. While economic data is open to interpretation, one thing is for sure: many investors are not happy.

Read More
Leif HagenAchievement Financial#economy, #america, #americans, #consumer, #consumerreport, #shopping, #costofliving, #politics, #stockmarket, #inflation, #jobmarket, #wavepower, #sustainable, #renewabledenergy, #renewableenergy
Consumers are feeling blue in June
Consumers are feeling blue in June

Our brand new Peek of the Week doubles down on the feelings of the American consumer: feeling blue. About half of Americans are spending less due to inflation and 79 percent of consumers anticipate business conditions to decline during the next 12 months. Investors are choosing to see the good with the fact that the Federal Reserve may slow its rate hikes, or may raise rates by less, since consumers are spending less and manufacturing growth has slowed.

Read More
Leif HagenAchievement Financial#money, #earnings, #dailyliving, #costofliving, #inflation, #manufacturing, #purchases, #goods, #consumers
Predicting an upcoming recession is like flipping a coin
Predicting an upcoming recession is like flipping a coin

The stock market has been dropping, but it's important to know the stock market isn't very accurate when it comes to predicting recessions. And it sure seems like that's the word being thrown around these days: recession. The fact is, bear markets in stocks lead to recessions only about 53 percent of the time. In other words, the stock market has about the same predictive value for recessions as a simple coin toss. Let that sink in!

Read More
Investment, Money, News, Peek of the WeekLeif HagenAchievement Financial#recession, #cost, #costofliving, #pandemic, #stockmarket, #marketnews, #USmarkets, #shopping, #shortages, #data, #thefed, #federalreserve, #centralbanks, #banks, #bondmarket, #bonds, #stocks, #recovery
High consumer pessimism leads to higher consumer spending... WHAT???!
High consumer pessimism leads to higher consumer spending... WHAT???!

Consumers are feeling more pessimistic than they have in a decade. The University of Michigan Consumer Sentiment Survey shows that sentiment has been sliding lower all year. Today's Peek of the Week explains how during a time when consumer pessimism feels at an all-time high, consumers could actually be more optimistic than the reports are indicating.

Read More
Lifestyle, Money, News, Peek of the WeekLeif HagenAchievement Financial#spending, #consumers, #inflation, #money, #costofliving, #wages, #gains, #losses, #optimism, #pessimism, #outlook, #markets, #stockmarket
The pace of inflation slows, optimism grows
The pace of inflation slows, optimism grows

The three major U.S. stock market indices moved higher last week... for the first time in weeks. Prior to the increase, we saw investors reassess their approach and predictions. Today's Peek of the Week explains how strong corporate profits, more attractive share prices and the Fed's potential slowdown of rate hikes have brought us a stock market rally. And we appreciate it!

Read More
Lifestyle, Stock market, Peek of the WeekLeif HagenAchievement Financial#peekoftheweek, #inflation, #costs, #costofliving, #prices, #stockmarket, #marketcommentary, #marketnews, #news, #americans, #shopping, #thefed
Welcome to the bear market
Welcome to the bear market

Today's Peek of the Week explains how tensions seem to rise when investors encounter bear market territory, causing some to wearily stay the course, and others to tap out. How is a bear market defined? It can be when shares prices decline 20 percent or more, or it can also occur when investors are feeling more bearish than bullish. It's safe to say we are in bear territory... read our "Peek" for more details and learn about how the investing decisions that can be made today will ultimately affect your long-term outcomes. You don't want to miss this!

Read More
Lifestyle, Investment, World Events, Stock market, Peek of the WeekLeif HagenAchievement Financial#invest, #investing, #marketnews, #stockmarket, #bearmarket, #decline, #inflation, #costs, #cost, #costofliving, #federalreserve