The first six months of the year have been quite the ride. So far this year we've faced: ongoing inflation, witnessed the Fed's response to inflation, seen stock prices fall and we've FELT consumer sentiment tumble with it. Our Peek of the Week is explaining what brought us this bear market and how investors are expected to respond going forward.
Read MoreThe heat of summer brings one of our favorite holidays, the 4th of July! The fourth signifies our nationhood and our freedom. Please read our special 4th of July "Peek of the Week" for some great ways to spend the holiday this year. We hope that on this celebration of freedom, you make a promise to yourself to continue your hard work to stay on your path to financial freedom. And if you need help with that, we are here for you.
Read MoreOur 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 MoreThe 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 MoreIf it wasn't on your radar, Father's Day is this Sunday! We're sharing a special Father's Day "Peek of the Week" in honor of all the dads and father-figures out there. Do you know when the first Father's Day was celebrated? There are a few stories circulating around about the first day that was officially dedicated to Dad. Whatever the true origins of the day, it has now evolved to be a time to honor the person or people who have stepped into the fatherly roles in our lives. Let us honor Dad and take some time to celebrate everything Dads have done and can do for us.
Read MoreWell, it's safe to say that inflation is proving to be far more tenacious than the markets originally predicted or expected. Our Peek of the Week puts to rest the idea that inflation peaked in March of this year, because it has actually continued to rise each month since then. What are we seeing the most significant increases in? Energy and food. The war in Ukraine has created a major shock across the globe due to supply chain disruptions and no end in sight.
Read MoreConsumers 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 MoreThe 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 MoreWhile we get a day off to celebrate with backyard barbeques and family, we want the concept of 'giving back' to be considered this year. How have the heroes of our country's history inspired you? Honor our fallen heroes, choose to be inspired and get out in the community to give back this year. If you're short on ideas, today's special blog commentary will provide a few!
Read MoreIt's a challenging time for investors and with the market downturn, many are discovering a new fear and others are feeling greed set in. Are one of these you? Today's Peek of the Week encourages investors to stick to their financial plan in order to avoid damaging their portfolio's potential. Our blog breaks down the challenges of FEAR and GREED during a market downtown...
Read MoreToday'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 MoreRed our Peek of the Week for the latest breakdown on stock market volatility. Even with high inflation, some April reports are suggesting we have a strong economy at the moment. This may sound surprising but it's due to consumer spending, after being adjusted for inflation
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