On this day we remember all who were lost and those affected for life because of the September, 11, 2001 attacks in New York City, Washington, DC and United Flight 93 over Pennsylvania. We will never forget. On a happier note…. It was 8 years ago today, that we made...
Market Updates
Might be Time to Lock in a High-Yield Rate
Federal Reserve Chairman Jerome Powell has mentioned that interest rates may be raised “if appropriate." Many of the top fixed income managers believe we have hit the top of interest rates. If you have already taken our advice to put your extra savings in a high...
It’s National Bow Tie Day!
Last week the S&P 500 squeaked out a 0.84% gain in a volatile week. Click below to learn about the market’s last week. In the coming weeks we’ll be publishing why you need to be cautious about putting too much of your portfolio in the S&P 500. On another note,...
Don’t Get Duped!
Be Cybersecurity Aware It happens to the best of us…. A couple of weeks ago a colleague told us they were quickly scrolling through Facebook and an “alert” came up. On a quick glance, it looked legit. It asked to verify their info by uploading their drivers license....
School’s In. Thank a Teacher!
In my part of the country, it’s back to school time. Made me think back to my childhood. As some of you may know, my father, Alberto Romero, was a college professor and high school teacher. I am also blessed to have my youngest daughter, Isabelle, follow in his...
Market Week: July 24, 2023
The week in review Retail sales was up 0.2% m/m Housing starts fell to 1,434k Industrial production was down 0.5% m/m The week ahead FOMC meeting Svcs. and mfg. PMIs Real GDP Consumer confidence & sentiment Thought of the week In recent weeks, markets absorbed a...
Market Week: July 17, 2023
June’s CPI report showed gathering disinflation with headline CPI rising 0.2% m/m and 3.1% y/y on a seasonally adjusted basis, well below peak inflation of 8.9% y/y a year ago. This trend is not unique to the U.S.: the OECD reported softening inflation in most major economies to 6.5% y/y in May, the lowest level for global inflation since December 2021.
Market Week: July 10, 2023
The week in review ISM Mfg./Services PMI: 46.0/53.9 Nonfarmpayrolls increased 209,000 The week ahead CPI Consumer sentiment Thought of the week The U.S. economy has proven to bemore resilient in 1H23 thanmany expected, as strength in the labormarket has helped support...
Market Week: July 03, 2023
Stocks and bonds have had a strong start to the year due to resilient economic data, a bounce back in profit margins and a moderation in the market’s expectations for interest rates.
Market Week: June 26, 2023
The week in review NAHB housingmarket index: 55, up from50 Housing permits, SAAR: 1.49M, up from1.42M Initial jobless claims remained flat at 264K The week ahead Consumer confidence index GDP Thought of the week Last week, investors parsed a slew of forward-looking...