AE Wealth Management: Shrinking Savings | Blog

Download printable version here Americans are saving less and spending more — on plastic. Personal savings rates are dropping, while consumer debt is on the rise. What could this mean for the U.S. economy in the second half of the year? Overview After experiencing robust growth in 2021, the U.S. economy began to falter in…

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AE Wealth Management: Market Minute | 6/17/22

Download printable version here Interest rates spike, markets rally The Fed met on Tuesday and Wednesday. Expectations last week were for it to raise rates another 50 basis points (bps) and for the Fed Funds rate to rise to 1.25%, but over the weekend it was leaked that the Fed would rise by 75 basis…

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AE Wealth Management: Market Minute Blog | 6/13/22

Download printable version here Inflation soars, markets drop What a way to start the week. The Dow dropped 725 points in the first four hours of trading on Monday morning, continuing the slide that started on Friday after the May Consumer Price Index (CPI) came in at a sizzling 8.6% annualized rate. Market watchers and…

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AE Wealth Management: Opportunity in Electric Vehicles | Blog

Download PDF Version Here The average retail price of gasoline in the U.S. hit $4.70 on May 23.1 Will the rising cost of gas be a boon for electric vehicle manufacturers and retailers?   Overview After cratering to $13.78 per barrel in the early days of the pandemic, oil prices skyrocketed to over $100 per…

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