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…
Blog Archives
7 Reasons Not to Wait Until Thanksgiving to be Grateful
Tagged with: Average Joe's, Bill Gates, CD's, College Board, EU, European Migrants, European Union, Federal Funds Target Rate, Federal Reserve Board, GDP, Germany, Grateful, Great Recession 2008-2009, Greece, Gross Domestic Product, Harvard, Manchester Community College, Mexico, Microsoft, Migrants, S&P 500, Spain, Standard & Poors 500 Index, Thanksgiving, The Fed, U-3, U-6, Unemployment Rate, Unemployment Report
Why The Fed Got Off its Assets and Raised Interest Rate
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.…
Patience Pays Dividends
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…
Tagged with: Consumer Confidence, DJIA, Economy, Federal Reserve, Federal Reserve Board, GDP, NASDAQ, Presidential Election, S&P 500, Stock Market
The Second Half of the Year Holds Promise
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…
Greek Drama Plays Out on Global Stage
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…
Tagged with: CHINA, DJIA, Dow Jones, EAFE, Europe, EuroZone, Federal Reserve, Financial Plan, GDP, Greece, Greek Crisis, IMF, International Monetary Fund, MSCI EAFE, NASDAQ, Puerto Rico, S&P 500
Markets Prove Resilient Despite Topsy-Turvy May
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…
Tagged with: DJIA, EAFE, ECB, European Central Bank, Federal Reserve, GDP, Greece, Gross Domestic Product, Japan, MCSI, NASDAQ, S&P 500
New Year Rings With (Cautious) Optimism
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…
