Skip to content

Posts Tagged ‘financial advisor’

MARKETS END THE WEEK MIXED TO CAP OFF A REMARKABLE YEAR

Weekly Market Update — January 3, 2020 The U.S. stock markets inched down during the final holiday-shortened week of 2019, ending their recent win streak but still capping off a remarkable year On the week, NASDAQ inched up 0.2% whereas the S&P 500 and the DJIA declined 0.2% and 0.4%, respectively The smaller–cap Russell 2000…

Read More

TRUMP GETS IMPEACHED, NAFTA 2.0 PASSES & MORE!

TRUMP GETS IMPEACHED, NAFTA 2.0 PASSES, THE HOUSING MARKET STAYS STRONG AND THE MARKETS HIT MORE RECORD HIGHS Twas the week before Christmas and U.S. markets are finishing high, driven by low unemployment, strong housing and real progress with NAFTA 2.0, China and Brexit Despite an impeachment vote in the House of Representatives, the S&P…

Read More

Closing The Decade on a High Note & 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…

Read More

DJIA, S&P 500, and NASDAQ Reach New Heights and More!

U.S. STOCKS REACH FRESH HIGHS AS GDP IS REVISED UP AND THE 2019 HOLIDAY SHOPPING SEASON COULD SET NEW RECORDS The four major U.S. stock market averages closed the Thanksgiving week with green numbers that gave investors reasons to give thanks The DJIA, S&P 500, and NASDAQ all reached new record highs and even the…

Read More

Weekly Economic Update

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…

Read More

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 More

GE 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 More

Thrive 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 More

Global 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 More

Thrive Weekly Economic Update – September 30th, 2019

OUR NJ OFFICE IS RELOCATING This week, Thrive’s Mt. Laurel, NJ office will be relocating to Cherry Hill, NJ! We are very excited and looking forward to the opportunity to continue serving our local communities.   U.S. MARKETS DOWN AS IMPEACHMENT AND CHINA WORRIES DOMINATE THE NEWS The major U.S. stock indices retreated this week,…

Read More