KROST Wealth Monthly Economic Update: November 2022

November 8, 2022By Phil Clark, CPWA®,CFP®, CLU®

In this month’s recap: Stocks posted big gains in October as “old economy” names reported solid earnings while mega-cap techs struggled. U.S. Markets Stocks posted big gains in October, propelled by better-than-expected corporate reports. The Dow Jones Industrial Average led, gaining 13.95 percent. The Standard & Poor’s 500 Index tacked on 7.99 percent, while the Read the full article…

KROST Wealth Monthly Economic Update: August 2022

August 9, 2022By Phil Clark, CPWA®,CFP®, CLU®

In this month’s recap: Stocks surge on receding inflation and recession worries, and better-than-expected second-quarter earnings. U.S. Markets Stocks posted big numbers in July, erasing some of their first-half losses. Investor sentiment was lifted by receding inflation and recession worries and a better-than-expected start to the second quarter earnings season. The Dow Jones Industrial Average Read the full article…