This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You don’t have to wait for Thanksgiving to be grateful. You can be grateful every day. It’s your choice. Life might not be going swimmingly…
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You don’t have to wait for Thanksgiving to be grateful. You can be grateful every day. It’s your choice. Life might not be going swimmingly…
The Federal Open Market Committee (“FOMC”) raised the Federal Funds Target Rate by .25% from .50% to .75%. The Federal Funds Target Rate is the interest rate charged to financial institutions for the trading they do with each other overnight.…
For months prior to the presidential election, investors remained in a holding pattern, poised to see how the domestic and global markets would react. Many international markets saw pullbacks, but U.S. stock markets surprised to the upside, rewarding investors after…
August 5, 2015 The Second Half of the Year Holds Promise The S&P 500 has been at a virtual standstill thus far this year, trading in a narrow range. July was not much different. The almost 2% rise…
The second quarter ended with all eyes on Greece after the country failed to reach an agreement with its creditors. The impasse resulted in shuttered banks and imposed capital controls, at least until a July 5 referendum on whether…
May brought a flurry of market and economic information for investors to mull. First-quarter gross domestic product (GDP) fell at a 0.7% annual rate, revised down from a lackluster 0.2% gain. Corporate profits also fell, reflecting a stronger dollar, weakness…
January 9, 2015 New Year Rings With (Cautious) Optimism Investors who weathered the volatility of the domestic stock market in 2014 were rewarded come year-end. The Nasdaq and S&P 500 ended up more than 10% each, and the Dow…