August 17, 2016

S&P 500, Dow, and NASDAQ Post New Records

S&P 500, Dow, and NASDAQ Post New Records WEEKLY UPDATE – August 15, 2016 Stocks ended last week mostly flat, falling slightly on Friday after the major U.S. indexes set new record highs on Thursday on positive earnings surprises. The NASDAQ also notched a seventh week of gains, its longest winning streak since 2012.[1] For the week, the S&P 500 gained 0.05%, the Dow grew 0.18%, the NASDAQ added 0.23%, and the MSCI EAFE grew 2.73%.[2] Earnings season is mostly behind us, and, with nearly all of the S&P 500 companies having reported in, we have a good overall picture of last quarter’s performance. Total earnings for the index so far were down 3.7% on -0.7% lower revenues relative to Q2 2015. However, 71.1% have managed to beat profit expectations, which has given stocks a boost in recent weeks.[3] Here’s what we can take away from the second quarter. Though […]
May 16, 2016

VIDEO: May 2016 Educational Economic Update

Hello folks, this is Justin Goodbread, CERTIFIED FINANCIAL PLANNER™ from Heritage Investors with our May 2016 educational economic update. In this video, we’ll talk about some of the economic events that influenced markets in the last month, and give you some insight into what they could mean for you as an investor. Please stay tuned at the end for a required disclosure statement.   The Federal Reserve Open Market Committee met in late April and, unsurprisingly, decided to leave interest rates where they are. Though the Fed still expects to raise rates this year, central bankers clearly intend to move carefully. Though the Federal Reserve seems ready to raise interest rates as soon as economic growth picks up, the latest economic data doesn’t support their narrative. Before the meeting, many investors were expecting a June rate hike; however, the Fed’s cautious tone and the November election make it more likely […]
April 19, 2016

VIDEO: April 2016 Education Economic Update

April 2016 Education Economic Update March 2016 was interesting for us in the markets. Here is the script for our video. Heritageinvestor Planningisfun Hey Guys, this is Justin Goodbread with Heritage Investors bring you this April 2016 educational economic update. In this video, we’ll talk about some of the economic events that influenced markets in the last month, and give you some insight into what they could mean for you as an investor. Please stay tuned at the end for a required disclosure statement. After several rocky months for financial markets, March turned out several straight weeks of gains, giving investors hope for the Spring. Let’s talk about what happened. After months of strength, the U.S. dollar weakened against other currencies. A strong dollar makes domestic goods more expensive to foreign buyers, which has hurt corporate profits. A comparatively weaker dollar will help make U.S. products more competitive on the […]
March 16, 2016

Video: March 2016 Educational Economic Update

Knoxville, TN CFP(R), Wealth Manager, and Financial Advisor Justin Goodbread brings you this March 2016 Education Economic Update.