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Weekly topper 2019 (51)

Household spending rises, but confidence declines

In this week’s recap: a shortened trading week sees additional gains for the major stock benchmarks, as optimism about a new trade pact with China outweighs doubts; household spending rises, but confidence declines. Weekly Economic Update     THE WEEK ON WALL STREET As November wrapped up, U.S. equity benchmarks advanced. Stocks were again aided…

Article website 2019 (15)

Trends in Charitable Giving

Trends in Charitable Giving   The hows and whys of charity in America.     According to Giving USA 2018, Americans gave an estimated $410.02 billion to charity in 2017. That’s the first time that the amount has totaled more that $400 billion in the history of the report.1   Americans give to charity for…

Weekly topper 2019 (55)

Still Strength in the Housing Sector

In this week’s recap: stocks move lower as traders again absorb conflicting messages about trade talks; the Federal Reserve shares its October meeting minutes; good news comes from the housing market. Weekly Economic Update     THE WEEK ON WALL STREET Stocks declined last week as mixed signals emerged about the progress of U.S.-China trade…

Weekly topper 2019 (54)

Consumers Boost Their Buying

In this week’s recap: the Dow crests 28,000; more hints emerge that the U.S. and China could be heading toward a new trade pact; retail sales rise. Weekly Economic Update     THE WEEK ON WALL STREET Stock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke…

Weekly topper 2019 (53)

Dow and S&P 500 extend their winning streaks

In this week’s recap: the Dow and S&P 500 extend their winning streaks, even with conflicting messages emerging about U.S.-China trade negotiations; a gauge of U.S. business activity improves. Weekly Economic Update     THE WEEK ON WALL STREET Domestic and international stocks rose last week. Risk appetite outweighed concerns about the state of U.S.-China…

Weekly topper 2019 11.04

Stock Indices again set Records, Atlanta

In this week’s recap: stock indices again set records, the Fed makes its third rate cut of the year, October’s employment report is a nice surprise, and U.S. and Chinese trade negotiators make some progress. Weekly Economic Update   THE WEEK ON WALL STREET A better-than-forecast jobs report prompted a stock market rally Friday, two…

Article website 2019 (14)

A Plan for All Seasons: Your Estate Planning Checklist

A Plan for All Seasons Your Estate Planning Checklist Things to check & double-check as you prepare.   Estate planning is a task that people tend to put off, as any discussion of “the end” tends to be off-putting. However, those who die without their financial affairs in good order risk leaving their heirs some…

Weekly topper 2019 (46)

A Gain for Consumer Sentiment

In this week’s recap: stocks flirt with record highs, China and the U.S. continue negotiations toward a trade deal, and consumer sentiment improves. Weekly Economic Update     THE WEEK ON WALL STREET The S&P 500 came within 0.1% of a record close Friday. Stocks were lifted last week by positive news on U.S.-China trade…

Weekly topper 2019 -10.21

Retail Sales Retreat

In this week’s recap: the S&P 500 and Nasdaq Composite outperform the Dow Industrials, earnings season gets underway, and retail sales retreat for the first time since winter. Weekly Economic Update THE WEEK ON WALL STREET Earnings helped give the Nasdaq Composite and S&P 500 a slight lift last week, offsetting investor disappointment over the…

Weekly topper 2019 10.14

Earning Season Begins

In this week’s recap: Stocks pushed higher, the mood changed in the trade saga between U.S. and China, and quarterly earnings reports arrived. Weekly Economic Update   THE WEEK ON WALL STREET Stock prices pushed higher last week, as investors remained hyper-focused on any new developments with the U.S. trade negotiations with China. The Dow…