The Oracle of Omaha sharing his wisdom from the heart of America Berkshire Hathaway has been an overwhelmingly successful company and its CEO, Warren Buffett, is arguably one of the greatest investors of all time. In the more than five decades that Warren Buffett has controlled …
Unique Nuggets from Warren Buffett’s 2020 Letter Read More »
STOCKS PULL BACK FOR SECOND WEEK IN A ROW AS THE CORONAVIRUS GETS WORSE, EARNINGS DISAPPOINT AND GDP REMAINS SOLID Weekly Market Update — January 31, 2020 The stock market dropped again this week, as the outbreak of the coronavirus dominated the news and grew progressively worse as the week wore on The small–cap Russell …
STOCKS PULL BACK FOR SECOND WEEK IN A ROW AND MORE Read More »
U.S. MARKETS SET RECORDS AGAIN AS A PHASE ONE AGREEMENT WITH CHINA IS ANNOUNCED AND THE FED STANDS STILL ON RATES U.S. stocks turned in more record highs after it was announced that a Phase One trade deal between the U.S. and China was reached, helping avoid tariffs scheduled to take effect on December 15th …
U.S. STOCKS DECLINE MODESTLY, SNAPPING SIX CONSECUTIVE WEEKS OF GREEN NUMBERS The U.S. equity markets paused this week, retreating modestly after six weeks of impressive gains NASDAQ declined just 0.2%, followed by the S&P 500\’s drop of 0.3% The smaller–cap Russell 2000 and the mega–cap DJIA both declined this week too, as both indices lost …
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 …
Thrive Weekly Economic Update – November 4th, 2019 Read More »
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 …
Thrive Weekly Economic Update – October 21st, 2019 Read More »
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, …
Thrive Weekly Economic Update – October 14th, 2019 Read More »
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 …
Thrive Weekly Economic Update – October 8th, 2019 Read More »
Do you have a plan in place for retirement? Is your money going to last during your retirement? The rules during retirement are very different than the rules that you use to invest to create your nest egg. It’s like physics. That law of physics states that a body at rest tends to stay …
With folks that are a few years out from retirement or have entered retirement, a big dominant question, a big topic of conversation that pops up is annuities. Annuity might be some people\’s favorite subject, but generally, when we talk about annuity, there is so much confusion and so much misunderstanding about what the …