Market Recap – April 1, 2024

Market Recap – April 1, 2024

First quarter economic growth is getting a boost from stronger personal income and spending, while PCE inflation for February has come in slightly lower than expected. In the shortened trading week, S&P and DJIA stock market prices notched new records. The S&P...
Market Recap – April 1, 2024

Market Recap – March 25, 2024

The big news last week was the Fed’s positive outlook on declining inflation, stronger economic growth, and projecting three ¼% interest rate cuts in 2024. Financial markets rallied: the Dow Jones and S&P both set new highs on Thursday. S&P 500 stock prices...
Benefits of Revocable Trusts

Benefits of Revocable Trusts

A revocable or “living” trust is simply a trust that gives the grantor (the person who created and funded the trust) the ability to change the terms of the trust or to revoke the trust entirely at any time. Assets held by a revocable trust remain available to the...
Market Recap – April 1, 2024

Market Recap – March 18, 2024

The CPI and Producer Price Index (“PPI”) inflation news last week frightened financial markets and raised the specter that the Fed will delay further cutting interest rates.  The 10-year Treasury rate ticked up 22 basis points to 4.312%, and the S&P 500 fell...