Weekly Market Commentary: 06/29/2021

Weekly Market Commentary: 06/29/2021

ECONOMIC REVIEW(1) • Retail Sales, released on Tuesday, came in below economist expectations with a -1.3% print. • The Producer Price Index (PPI) came in above forecasts with the month over month print of 0.8% and a 6.6% year over year print, versus economist...
Weekly Market Commentary: 06/25/2021

Weekly Market Commentary: 06/25/2021

ECONOMIC REVIEW(1) • Personal Spending was unchanged from a month prior, after an increase of 0.9% in April. • Personal Income decreased -2.0% for the month of May, slightly higher than economists’ forecasts which called for a decrease of 2.5% and an     improvement...
Weekly Market Commentary: 06/14/2021

Weekly Market Commentary: 06/14/2021

Stocks climbed slightly Friday. The S&P reached a new record, and the NASDAQ posted its fourth winning week in a row as investors shook off a report showing the Consumer Price Index jumped 5 percent in May from a year earlier. For the week, the Dow fell 0.78...
Weekly Market Commentary: 06/07/2021

Weekly Market Commentary: 06/07/2021

Stocks rose Friday. The Labor Department’s May jobs report showed unemployment fell to a pandemic-era low of 5.9 percent, and new job growth was stronger than April’s but short of expectations. The mixed news appeared to assure investors the Fed would retain its...
Weekly Market Commentary: 06/01/21

Weekly Market Commentary: 06/01/21

Stocks climbed slightly Friday. Investors seemed to shake off a stronger-than-expected inflation reading and focus on encouraging employment data. New jobless claims fell to a new pandemic-era low. The S&P and the Dow posted their fourth positive month in a row....
How to Find a High Quality Financial Advisor in Morristown NJ

How to Find a High Quality Financial Advisor in Morristown NJ

So you’ve decided to hire a financial advisor in Morristown, NJ. Or maybe you’re just thinking of switching. Whatever you want to do, there’s nothing easy about the process. An internet search will list many different professionals, with titles ranging from “financial...