By Alan Rhode
Last week delivered an exciting rally across major stock indexes, driven by the election results and a much-anticipated Federal Reserve rate cut. This blog will summarize critical developments that led to impressive gains in the S&P 500, Nasdaq, and Dow and provide insight on what these shifts mean for long-term investors like us. Let’s dive … Continued
By Alan Rhode
Hello, everyone, and welcome to our weekly edition of Market Minutes. Here, we digest the latest market happenings, keeping you informed with clarity and confidence. October brought us no shortage of news, and as we step into November, the landscape remains vibrant with evolving data, earnings, and market behavior. Let’s dive in. A Look Back … Continued
By Alan Rhode
As the 2024 presidential election season approaches its conclusion, the stakes are high, not just in terms of political outcomes but also for financial markets. It’s natural for investors to wonder how the election results might impact their portfolios and whether they should make any changes. Let’s dig into what history and current research tell … Continued
By Alan Rhode
Last week, we saw a relatively calm U.S. stock market with some divergence in performance across different sectors. While the industrial sector struggled, the Nasdaq composite hit an all-time high. Looking at the numbers, the S&P 500 was down 0.96%, the Nasdaq 100 managed a slight gain of 0.14%, and the Dow Jones Industrial Average … Continued
By Alan Rhode
This past week, markets continued to digest the slight rise in the Consumer Price Index (CPI) and payrolls data, remaining optimistic that the Federal Reserve may have hit the sweet spot with its recent 50-basis-point rate cut. There’s growing confidence that another rate cut could be in store at the November 7th meeting. Major Market … Continued
By Alan Rhode
Hey everyone! Let’s dive into last week’s market moves and break down some key insights from the latest inflation data. Here’s what happened with the major indexes: S&P 500: Up by 1.11% Nasdaq 100: Increased by 1.18% Dow Jones Industrial Average: Rose by 1.21% The markets had a positive week, but inflation data added a … Continued
By Alan Rhode
In a significant turn of events, the Federal Reserve recently cut interest rates by half a percentage point, marking the first reduction since 2020. This move, which sets the benchmark federal funds rate at a range between 4.75% and 5%, has sparked discussions about its implications for various sectors of the economy. From small businesses … Continued
By Alan Rhode
Learn the essential steps to retire as a small business owner and secure your financial future.
By Alan Rhode
Hello small business owners! Navigating the current economic landscape with rising interest rates can be a daunting task. But don’t worry; I’m here to help you understand what’s happening and what you can do to ensure your business not only survives but thrives. Let’s dive into practical strategies and tips to manage the challenges posed … Continued
By Alan Rhode
Investing in startups and small businesses has always been a risky endeavor. However, with the right strategies, it can also be immensely rewarding. One such strategy revolves around Qualified Small Business Stock (QSBS), a powerful tool offering substantial tax benefits to investors. As a prospective client of Modern Wealth, it’s crucial to grasp the essence … Continued