Three stories that have dominated conversations and driven investor attention in 2017 continued last week: Healthcare policy: The Senate’s continuing discussion of healthcare reform impacted stock performance in connected industries Tension with North Korea: The markets responded quietly to continuing conflict between President Trump and Kim Jong Un, although some investments saw a bump later […]
Last week gave a number of things for both investors and non-investors to think—and worry—about. From North Korea’s missiles to Hurricane Harvey’s devastation to an unemployment uptick, the headlines were busy. Yet, despite these circumstances, U.S. stocks posted gains again this week—and the NASDAQ ended Friday with a new record high and 2017’s best weekly […]
The news so far this week has mostly been focused on the devastation from Hurricane Harvey in Texas. Our prayers go out to the many people affected by the storm. Last week provided a number of economic updates, and a report from Fed Chair Janet Yellen helped push the markets higher. [i] Rather than providing […]
Last week, we held our annual Half-Time event in Wilmington. The IronGate family greatly enjoyed seeing clients and guests during the evening. We wanted to provide those who weren’t able to attend a summary of our presentation since there is so much going on in the world right now. In the short term, markets can […]
Generally strong corporate earnings reports helped markets continue to hit highs. The majority of companies that have posted Q2 earnings so far have beaten their estimates. Those earnings performances helped push financials, materials, and energy stocks up by over 1% early in the week.[i] Health care companies also posted substantial earnings as S&P 500 health […]
Internationally, European markets posted soft gains last Friday, though emerging markets fell for a second-straight week.[i] Further, gold dropped to a 5-month low, while bond yields rose globally on weakening bond markets.[ii] In addition, world leaders met last week at the G20 Global Summit and issued a statement supporting open markets. They agreed to fight […]
The Fed reported during the week that the largest U.S. banks passed the stress test evaluating their financial soundness. The test results indicate that banks have the capital structures to withstand difficult economic times.[i] In addition, the results gave banks a green light to pay shareholders dividends and engage in share buybacks.[ii] Other Market News […]
I imagine that a fair number of our readers remember the days when soap operas were the biggest drama they would encounter in life. Growing up, my father was in broadcasting so we always had several televisions in the house, along with the newest technology to come along (Betamax and Nintendo to name a […]
A global glut of oil has led to 5-straight weeks of price declines. OPEC’s attempts to curb oil production have not yet played out as expected, as prices are down roughly 20% for the year. Though oil rose slightly on Friday due to a weaker U.S. dollar, oil markets closed the week at a 10-month […]
Women and Investing Preparing for the future is one of the most important aspects of financial strategizing, and a lack of involvement often leaves women, in particular, potentially exposed to financial hardships later in life. Don’t expect a spouse, partner, or another family member to help ensure financial security. Women investors face several challenges to […]
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