In this month’s recap: Stocks rally as early data suggests the health impact of Omicron was less severe than initially feared. Presented by Philip Clark, CPWA®,CFP®, CLU®, January 2022 U.S. Markets Stocks rallied in December as early data suggested that the health impact of the Omicron variant was less severe than initially feared. The Dow Jones Read the full article…
covid-19
KROST Wealth Monthly Economic Update: October 2021
In this month’s recap: Stocks hit some turbulence, turning cautious amid slowing economic growth, and policy debate in Washington. Presented by Philip Clark, CFP®, CPWA®, October 2021 U.S. Markets The stock market hit a pocket of turbulence in September, with investors turning cautious amid Delta variant infections, slowing economic growth and ongoing policy debate in Washington. Read the full article…
KROST Wealth Monthly Economic Update: September 2021
In this month’s recap: Stocks rallied, fueled by an improving labor market, strong corporate earnings, and clarity on Fed tapering plans. Presented by Philip Clark, CFP®, CPWA®, September 2021 U.S. Markets Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs Read the full article…
KROST Wealth Monthly Economic Update: August 2021
In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases. Presented by Philip Clark, CFP®, CPWA®, August 2021 U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. The Dow Jones Industrial Average picked Read the full article…
KROST Wealth Management Monthly Economic Update: July 2021
In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.Presented by Philip Clark, CFP®, CPWA®, July 2021 U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but Read the full article…
KROST Wealth Management Monthly Economic Update: June 2021
In this month’s recap: Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure.Presented by Philip Clark, CFP®, CPWA®, June 2021 U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Read the full article…
KROST Wealth Management Monthly Economic Update: May 2021
In this month’s recap: Stocks notched a solid gain, fueled by a succession of positive economic reports and a strong start to the first-quarter earnings season. Presented by Philip Clark, CFP®, CPWA®, May 2021 U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally Read the full article…
KROST Wealth Management Monthly Economic Update: April 2021
In this month’s recap: Stocks posted solid gains due to improving economic conditions and widening vaccination programs. However, tech and high-growth stocks played a limited role in the rally. Presented by Philip Clark, CFP®, CPWA®, April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields Read the full article…
KROST Wealth Monthly Economic Update: March 2021
In this month’s recap: The burgeoning economic recovery and decreasing number of COVID-19 infections lifted stocks. Presented by Philip Clark, CFP®, CPWA®, March 2021 U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 Read the full article…
KROST Wealth Monthly Economic Update: February 2021
In this month’s recap: As the month came to a close, stocks were mixed as attention shifted to unprecedented activity around a handful of companies with short-interest positions. Presented by Philip Clark, CFP®, CPWA®, February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, Read the full article…