Valerie Peck |
Fed Funds and Bond Interest Rates by Valerie L. Peck, CFP® The Fed has kept interest rates at the zero lower bound since the pandemic began. They announced this week that they expect interest rates to begin to rise again sometime in 2023. There are reasons for us to be encouraged as well as cautious in these transitioning times. Rising interest rates result in lower bond values. But remember that rising interest rates also mean...
Valerie Peck |
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Monthly Economic Update Presented by Peck Financial Advisors June 2021 U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite, home for many technology and high-growth companies, dropped 1.53 percent.1 Solid Earnings Stock prices moved erratically throughout May as investors digested more solid corporate earnings...
Monthly Economic Update Presented by Peck Financial Advisors May 2021 U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up 5.24 percent. The Nasdaq Composite led, climbing 5.40 percent.1 Signs of Recovery Stocks raced ahead in the first half of the month...
Monthly Economic Update Presented by Peck Financial Advisors April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62 percent. The Standard & Poor’s 500 Index rose 4.24 percent while the tech-heavy Nasdaq Composite added 0.41 percent.1 Bonds Take Center Stage The month began strong, thanks to a retreat in...
We're hearing a lot in the financial news about rising interest rates and the possibility of inflation. Here's an article with some helpful perspective from the Capital Group, "Four Reasons Not to Fear Rising Interest Rates"... Click here.
Monthly Economic Update Presented by Peck Financial Advisors, March 2021 U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 percent. The Standard & Poor’s 500 Index rose 2.61 percent, while the Nasdaq Composite added 0.93 percent.1 Singular Focus Investors focused on fundamentals during the month as the U.S. presidential election and a...
Monthly Economic Update Presented by Peck Financial Advisors February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of companies roiled markets. The Dow Jones Industrial Average dropped 2.04 percent and the Standard & Poor’s 500 Index fell 1.11 percent. By contrast, the Nasdaq Composite gained 1.42 percent.1 Mixed Signals The stock market stumbled at the start...
Monthly Economic Update Presented by Peck Financial Advisors January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. The Dow Jones Industrial Average, which lagged all year, picked up 3.27 percent. The Standard & Poor’s 500 Index gained 3.71 percent, and the Nasdaq Composite tacked on 5.65 percent.1 Vaccines Take Center...
Valerie Peck |
Retirement Blindspots Some life and financial factors that can sometimes be overlooked. Provided by Valerie Peck, Principal and Founder We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you think about your “second act,” you may want to consider some life and financial factors that can suddenly arise. You may end up retiring earlier than you expect. If...
Building a Healthy Financial Foundation How many pieces do you have in place? Provided by Peck Financial Advisors When you read about money matters, you will sometimes see the phrase, “getting your financial house in order.” What exactly does that mean? When your financial “house is in order,” it means it is built on a solid foundation. It means that you have six fundamental “pillars” in place that are either crucial for sustaining your financial...