Mar 10, 2023 | Weekly Wrap-Up
For the first time in a decade, the US experienced one of the largest failures by a US lender – Silicon Valley Bank. Today, Treasury Secretary Janet Yellen reacted to the largest failure by a US lender in more than a decade by declaring that the US banking system...
Mar 2, 2023 | Weekly Wrap-Up
For the first time in more than two decades, cash and other risk-free securities are delivering larger returns than a 60/40 portfolio of stocks and bonds. The yield on six-month US Treasury bills rose as high as 5.14% Tuesday, the highest since 2007. You can find 1...
Feb 24, 2023 | Weekly Wrap-Up
Amazon closed a $1.9b deal to acquire OneMedical. Consumers who buy their books, clothing, electronics, sporting goods, jewelry, groceries (and almost everything else under the sun) will soon be able to get their health care and medications from the mega retailer....
Feb 16, 2023 | Weekly Wrap-Up
In November, OpenAI launched an intelligent language-generating model called ChatGPT that could answer almost any question coherently and in surprising detail. It is estimated over 30% of working professionals have tried using ChatGPT at work. If you ask it the right...
Feb 9, 2023 | Weekly Wrap-Up
“Retiring in a down market? A few more years of work can make a HUGE difference. Timing is everything when it comes to retirement.” Retiring in a bear market can harm your portfolio for the long-term, even if the market eventually recovers. According to a new study...
Feb 3, 2023 | Weekly Wrap-Up
January came out with a BANG! The stock market posted impressive returns with all major market indices posting positive results. While we hope this trend continues, we do not think we are out of the woods yet… Equity Markets are booming….so far: S&P 500 = up...
