Posts by webteam
AE Wealth Management: Weekly Market Insights | 9/3/23 – 9/9/23
Weekly Market Commentary THE WEEK IN REVIEW: Sept. 3 – 9, 2023 The economy is hanging in there Stocks closed lower last week, even as the latest data shows the U.S. is still doing well from an economic standpoint. Not a lot of new numbers were released, but the ones that were generally surprised on…
Read MoreAE Wealth Management: Weekly Market Insights | 8/27/23 – 9/2/23
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 27 – Sept. 2, 2023 No major damage from Jackson Hole Federal Reserve Chairman Jerome Powell’s comments from the Economic Symposium in Jackson Hole, Wyoming, didn’t really change the overall mood of the markets, although he was pretty hawkish. At last year’s summit, Powell basically killed any…
Read MoreAEWM Wealth Report – Not Your Parents’ Retirement
Download PDF Version Fewer companies are offering pensions. The future of Social Security is unclear. As a result, Americans who are approaching retirement seem to be seeking alternative options for creating guaranteed retirement income and managing risk in their portfolios. Overview Retirement is having a heyday. Baby boomers (born between 1946 and 1964 and almost…
Read MoreAE Wealth Management: Weekly Market Insights | 8/20/23 – 8/26/23
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 20-26, 2023 Mixed signals lead to mixed returns Markets didn’t know which direction to go last week as they tried to decide which had more weight: the good news or the not-so-good news. On the good side, the labor market appears strong, as the weekly jobless claims…
Read MoreAE Wealth Management: Weekly Market Insights | 8/13/23 – 8/19/23
Weekly Market Commentary THE WEEK IN REVIEW: August 13-19, 2023 Fed hike remains on the horizon The minutes from the last Federal Reserve meeting were released last week. They showed some Fed members were in favor of pausing rate hikes, but most were on the side of continuing to raise rates. The 10-year Treasury zoomed…
Read MoreAE Wealth Management: Weekly Market Insights | 8/6/23 – 8/12/23
Weekly Market Commentary THE WEEK IN REVIEW: August 6-12, 2023 Sticky inflation Inflation, as measured by the consumer price index (CPI), came in at 3.2% year over year for July, up 0.2% from June’s reading of 3.0%. The producer price index (PPI) was also elevated from the June reading, yet the year-over-year rate remained at…
Read MoreAE Wealth Management: Weekly Market Insights | 7/30/23 – 8/5/23
Weekly Market Commentary THE WEEK IN REVIEW: July 30 – Aug. 5, 2023 Consequences Fitch Ratings downgraded the United States’ long-term foreign-currency issuer default rating from AAA to AA+ last Tuesday, removing the “negative” rating watch and assigning a “stable outlook” label instead. (It’s like saying we were a shaky No. 1 but now a…
Read MoreAEWM Wealth Report – Managing Your Finances as a Member of the “Sandwich Generation”
Download PDF Version Members of the “sandwich generation” are simultaneously providing support for both a parent and a child. This group has unique financial needs to consider, especially when planning for retirement. Overview If you’re finding yourself toggling between caring for the needs of an aging parent and a child, you’re not alone. The Pew…
Read MoreAE Wealth Management: Weekly Market Insights | 7/23/23 – 7/29/23
Weekly Market Commentary THE WEEK IN REVIEW: July 23 – July 29, 2023 Another Fed meeting, another rate hike As anticipated, the Federal Reserve increased interest rates by another 25 basis points during last week’s meeting, taking the Fed Funds rate to 5.25-5.50% (the highest level since 2001). In his post-meeting remarks, Fed Chair Jerome…
Read MoreAE Wealth Management: Weekly Market Insights | 7/16/23 – 7/22/23
Weekly Market Commentary THE WEEK IN REVIEW: July 16 – July 22, 2023 Rally continues as the market anticipates the July Fed meeting Last week was a strong one for the market, even though corporate earnings were mixed. (More on this in the next section.) Overall, the Dow Jones Industrial Average (DJIA) closed at new…
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