KROST Wealth Monthly Economic Update: September 2019

September 16, 2019By Bethany W

In this month’s recap: stocks descend as traders respond to the devaluation of the Chinese yuan as well as new developments in the ongoing U.S.-China trade talks; the price of gold rises, and bond yields fall. THE MONTH IN BRIEF The stock market had a tumultuous August, reacting to the sudden devaluation of the Chinese … Read More

KROST Wealth Monthly Economic Update: August 2019

August 19, 2019By Bethany W

In this month’s recap: the Federal Reserve eases, stocks reach historic peaks, and face-to-face U.S.-China trade talks formally resume. THE MONTH IN BRIEF July was a positive month for stocks and a notable month for news impacting the financial markets. The S&P 500 topped the 3,000 level for the first time. The Federal Reserve cut … Read More

A Game Changer

August 5, 2019By Bethany W

By Jennifer Hutchins, CFA and Martin Landry, CFA, CFP®, CAIA, CIMA®, CIPM, CTFA, AIF® The end of the tentative trade truce between the world’s two largest economies triggered a sell-off on global stock markets and sent investors scurrying into safe-haven assets. On Monday, August 5, the Dow Jones Industrial Average fell 767 points (about 2.9%) … Read More

KROST Wealth Monthly Economic Update: May 2019

May 14, 2019By Bethany W

In this month’s recap: the S&P 500 returns to record territory, key economic indicators show strength, oil continues its ascent, and existing home sales decline. THE MONTH IN BRIEF Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: through April 26, first-quarter results for S&P 500 … Read More