Weekly Commentaries
AE Wealth Management: Weekly Blog Insights | 10/24-10/30/21
Screeching to a halt! After growing by 6.3% in the first quarter and 6.7% in the second, gross domestic product (GDP) growth slowed significantly during the third quarter. Expectations were initially at +3.5% but dropped as the day for reporting grew closer. We landed at 2.0% growth for Q3 — an overall increase, but a…
AE Wealth Management: Weekly Blog Insights | 10/17-10/23/21
Markets return to record levels on the back of strong earnings Markets surged on strong earnings for the second week in a row. With no new surprises from FederalReserve speakers and scant economic data, there wasn’t much to hold markets down and we hit record highs again last week. Washington was also quiet as talks…
AE Wealth Management: Weekly Blog Insights | 10/10-10/16/21
Earnings keeping supply chain and inflation concerns at bay — for now The third-quarter earnings season kicked off last week. After a few days of fretting about inflation, stagflation, labor shortages and supply chain worries, the markets decided enough was enough.Bolstered by better-than-expected earnings from the likes of Bank of America and Morgan Stanley, the…
AE Wealth Management: Weekly Blog Insights | 10/3-10/9/21
More debt ceiling drama U.S. stock indexes soared higher after Senate Majority Leader Chuck Schumer said lawmakers had reached a deal on a short-term debt limit extension, which would put off a possible government default to December. The markets rallied on the news, erasing most of the previous week’s losses amid more volatility than we’ve…
AE Wealth Management: Weekly Blog Insights | 9/26-10/2/21
Not there yet! The “actual” meaning of zero The week dawned with expectations for a vote on the $1.2 trillion infrastructure bill and the massive$3.5 trillion “Build Back Better” reconciliation bill. We’ve previously said that tying together the two bills —one of which seemed expensive but logical and is enjoying bipartisan appeal and the other…
AE Wealth Management: Weekly Blog Insights | 9/19-9/25/21
Evergrande shakes the markets You never know what will send the markets scurrying, especially when we’re near record levels with no upward momentum to keep moving ahead. Enter Evergrande, a Chinese real estate developer with massive debt of $300 billion, and an $83 million interest payment due. The firm, the most indebted property developer in…
AE Wealth Management: Weekly Blog Insights | 9/12-9/18/21
Rocky September grinds on The market has been hovering near recent record highs this month and not retreating in any significant manner. Despite that, the market is showing signs that it’s worried about what may happen in the near future. We continue to experience slowing growth, higher inflation, a loss in consumer confidence and the…
AE Wealth Management: Weekly Blog Insights | 9/5/21-9/11/21
Markets dropped every day last week Is the September curse rearing its ugly head? Each of the major domestic equity indexes dropped last week, experiencing losses every day. (Well, every day except Monday, when markets were closed for Labor Day.) Many factors conspired to push markets down, from continued inflation concerns and increases in longer-term…
AE Wealth Management: Weekly Market Insights | 8/29-9/4/21
Cleaning up the damage from Afghanistan and Hurricane Ida Are we headed back to normal? It’s a nice thought – but it may be some time before we get back to “normal” following both Afghanistan and Hurricane Ida. We departed Afghanistan after 20 years, and most Americans were supportive of getting out. But following the…
AE Wealth Management: Weekly Blog Insights | 10/31-11/6/21
The Fed makes its move The much-telegraphed taper was announced after the Federal Reserve concluded its meeting lastWednesday. Markets didn’t seem to notice the very real fact that additional liquidity would be removed to the tune of $15 billion per month. Remember, the Fed was adding $120 billion total per month in quantitative easing; at…