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Weekly topper 2019 7.8

June’s Jobs Report- How it affects you Atlanta.

In this week’s recap: stocks hit record peaks, then descend after the Friday release of the June jobs report; further tariffs are planned for European imports. Weekly Economic Update     THE WEEK ON WALL STREET U.S. stock benchmarks opened a new quarter positively. The S&P 500 gained 1.65% in the opening week of July;…

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What the SECURE Act Could Mean for Retirement Plans

What the SECURE Act Could Mean for Retirement Plans If passed, it would change some long-established retirement account rules.     If you follow national news, you may have heard of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. Although the SECURE Act has yet to clear the Senate, it saw broad, bipartisan…

Weekly topper 2019 (20)

A Month of Gains

In this week’s recap: a strong month for equities ends with the renewed possibility of a U.S.-China trade pact. Weekly Economic Update     THE WEEK ON WALL STREET A month of gains for stocks ended with a weekly retreat. The S&P 500 lost 0.30%; the Nasdaq Composite, 0.32%; the Dow Jones Industrial Average, 0.45%.…

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Bull Market Continues

In this week’s recap: Wall Street maintains its risk-on mood, even as tensions grow between the U.S. and Iran, influenced by a White House tweet and a dovish signal from the Federal Reserve.  Weekly Economic Update THE WEEK ON WALL STREET The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while…

Weekly topper 2019 (14)

Stocks Advance Again

In this week’s recap: the major Wall Street equity indices see further June gains, oil investors react to tanker attacks, and retail sales improve.  Weekly Economic Update   THE WEEK ON WALL STREET Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average,…

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Do Our Biases Affect Our Financial Choices?

Do Our Biases Affect Our Financial Choices? Even the most seasoned investors are prone to their influence.     Investors are routinely warned about allowing their emotions to influence their decisions.  They are less routinely cautioned about letting their preconceptions and biases color their financial choices.   In a battle between the facts & our…

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Stocks Rally, Atlanta

In this week’s recap: the blue chips have their best week of 2019, as investors like what they hear from the head of the Federal Reserve and interpret the latest monthly employment numbers.  Weekly Economic Update       THE WEEK ON WALL STREET Stocks rallied during a week in which Wall Street was buffeted…

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The Cost of Procrastination

The Cost of Procrastination Don’t let procrastination keep you from pursuing your financial goals. Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops.   “Are you aware the registration on your…

Article website 2019 (1)

Your Emergency Fund: How Much is Enough?

Your Emergency Fund: How Much is Enough? An emergency fund may help alleviate the stress associated with a financial crisis.      Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then,…

Weekly topper 2019 5.20

Weekly Update: Turbulence due to Trade Tensions

In this week’s recap: tariffs and U.S.-China trade tensions once again become the talk of Wall Street, and U.S. stocks end up lower, week-over-week. Weekly Economic Update THE WEEK ON WALL STREET Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China…

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