We want to take a moment here and update you on our thoughts related to the coronavirus and its impact on the financial markets, and, ultimately, on your personal financial situation. Going into this New Year, many stock markets around the world were trading near...
In this week’s recap: Wall Street grapples with coronavirus unknowns; new Federal Reserve meeting minutes appear; existing home sales retreat; the price of gold climbs. Weekly Economic Update Presented by Pinecrest Financial, February 24, 2020 THE WEEK ON WALL STREET...
In this week’s recap: stock indexes rise, Jerome Powell reports on monetary policy to Congress, inflation hits a 15-month peak, and new data on retail sales and consumer sentiment appears. Weekly Economic Update Presented by Pinecrest Financial, February 17, 2020 THE...
In this week’s recap: stocks rally, China schedules tariff cuts, January hiring tops expectations, and a key gauge of manufacturing activity improves. Weekly Economic Update Presented by Pinecrest Financial, February 10, 2020 THE WEEK ON WALL STREET Stocks advanced...
In this week’s recap: coronavirus concerns ripple through global stock markets; the Fed makes a slight monetary policy adjustment; consumer confidence rises; the government makes its first estimate of fourth-quarter growth. Weekly Economic Update Presented by...
