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Here is where you can stay up on the latest from Thrive!
Thrive Weekly Economic Update – November 4th, 2019
MARKETS HIT NEW HIGHS AS THE FED CUTS RATES AGAIN, EARNINGS GROWTH INCREASES AND A GOLDILOCKS JOBS REPORT IS RELEASED Weekly Market Performance U.S. stocks climbed to new record highs amidst a slew of positive actions and data, including the Fed cutting rates for the third time this year, another Goldilocks jobs report and […]
Read MoreThrive Weekly Economic Update – October 28th, 2019
MARKETS UP FOR THE THIRD WEEK IN A ROW AS MORE COMPANIES ARE REPORTING POSITIVE EARNINGS SURPRISES THAN EXPECTED U.S. stock markets rose for the third consecutive week, ending very close to their record highs NASDAQ led the way with a gain of 1.9%, followed by the small–cap Russell 2000’s gain of 1.5%, the S&P […]
Read MoreThe 2019 World Series and the 2020 Markets
The 2019 World Series and the 2020 Markets Remember after the Houston Astros won in 2017? Or Cubs in 2016? Is there actually a difference in stock market performance depending on who wins the World Series? Should you really change your investment plans based on an American League or National League victory? Of course […]
Read MoreGE FREEZES 20,000 PENSIONS – 100,000 Offered Lump-Sum Buyout
GE Workers on Edge After Pension Freeze November 15th Deadline Looms as Holiday Season Approaches General Electric Co. said it was freezing its pension plan for about 20,000 U.S. workers and offering pension buyouts to 100,000 former employees, as the conglomerate joins the ranks of U.S. companies phasing out a guaranteed retirement. GE is […]
Read MoreThrive Weekly Economic Update – October 21st, 2019
MARKETS MOSTLY UP AS EARNINGS SEASON KICKS OFF AND THE IMF AGAIN CUTS ITS GLOBAL GROWTH OUTLOOK FOR 2019 Stocks finished the week mostly higher as earnings season got off to a great start and amidst positive developments that the trade saga with China is getting closer to resolution The small–cap Russell 2000 led […]
Read MoreThrive Weekly Economic Update – October 14th, 2019
POSITIVE CHINA AND BREXIT DEVELOPMENTS AND ENCOURAGING U.S. ECONOMIC DATA FUEL U.S. AND GLOBAL MARKETS The U.S. stock markets saw more volatility throughout the week, but ended on a strong note due to positive news on the China–trade saga, Brexit and on the U.S. economy NASDAQ and the DJIA led the way with 0.9% gains, […]
Read MoreGlobal Performance for the Third Quarter 2019
Global Performance for the Third Quarter 2019 Defensive asset classes outperform as global markets show modest returns The U.S. stock market indices increased modestly in the third quarter, propelling the S&P 500 and the DJIA to their best three-quarter starts to the year since 1997 and NASDAQ to its best three-quarter start since 2013 […]
Read MoreThrive Weekly Economic Update – October 8th, 2019
MARKETS MIXED AS ECONOMIC DATA IS MIXED AND THE U.S. ANNOUNCES TARIFFS AIMED AT EUROPE The markets turned in a mixed week, with the narrowly–defined DJIA, the broader S&P 500 and the smaller–cap Russell 2000 all losing ground while the tech–laden NASDAQ and fixed–income markets moved up It was a volatile week, with the equity […]
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