Weekly Update: November 12, 2018-The Impact of Oil and Elections


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Featured Article: The Impact of Oil and Elections


Economic Calendar


Recipe of the Week: Doubly Cheesy Meatball Bake


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


The Impact of Oil and Elections

Last week, markets experienced a 4-day winning streak before dropping on Friday, November 9. Despite those losses, domestic indexes posted gains for the week. The S&P 500 increased 2.13%, the Dow added 2.84%, and the NASDAQ was up 0.68%. International stocks in the MSCI EAFE had slight growth, ending the week up 0.20%.

From interest rates to corporate profits, investors had a number of topics to consider. In this update, we want to focus on two key details that drove markets: oil prices and midterm election results.

2. Oil Prices Declined
Oil prices continued to fall last week, posting the most consecutive daily declines in at least three decades. In fact, West Texas Intermediate (WTI) futures, a key oil benchmark, is officially in bear market territory. WTI has fallen more than 20% below its highest point over the past year.

What does this drop mean for markets?
Some investors believe the price declines are another sign that the global economy is slowing down. Historically, people have used oil prices as one way to decipher economic health because they can correlate with global growth. When crude oil prices drop, greater economic challenges are often ahead.

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Weekly Update:November 5, 2018-Markets Bounce Back


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Featured Article: Markets Bounce Back


Economic Calendar


Recipe of the Week: Healthy Homemade Carrot Cake


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Bounce Back

Markets posted strong gains last week after struggling for much of October. The S&P 500 had its best weekly performance since May, and the NASDAQ had its first positive week since September.

Despite domestic markets dropping on Friday, November 2, the S&P 500 added 2.42%, the Dow increased 2.36%, and the NASDAQ gained 2.65%. International stocks in the MSCI EAFE were also up 3.34%.

What drove market performance last week?
We received a fair amount of data and reports, with the following details holding particular weight for investors:

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Fall 2018 Savvy Cybersecurity Alerts

Welcome to the Fall 2018 Savvy Cybersecurity newsletter. We hope that you were able to do something cybersecurity-related for National Cybersecurity Awareness Month. Read on to learn more about:

  • The latest Facebook hack
  • Are Chinese microchips spying on us?
  • How hackers are targeting your direct deposit
  • And much more

The latest Facebook hack: What you need to know and do

Thirty million Facebook users may have been affected by a recent hack of the social media platform, according to the company. Late last month, Facebook discovered a security vulnerability that they then believed to affect 50 million accounts. In fact, you may have been one of 90 million people who were forced to log back into their account and were notified of the security issue via Facebook notification.
What exactly happened?
Facebook engineers discovered a security vulnerability in the “View As” feature of the social media platform. This tool allows users to see how their Facebook profile appears to friends and non-friends on the website. It has been a very helpful tool in allowing users to understand their security settings.

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Weekly Update: October 29, 2018-Why Did Stocks Drop?


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Featured Article: Why Did Stocks Drop?


Economic Calendar


Recipe of the Week: Arugula and Pear Salad with Toasted Walnuts


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Why Did Stocks Drop?

Last week did nothing to dispel October’s reputation as a tough month for the markets. The S&P 500 lost 3.94%, the Dow declined 2.97%, and the NASDAQ dropped 3.78% during what was one of 2018’s most volatile weeks so far. All three indexes are down significantly for the month, and both the S&P 500 and Dow have entered negative territory for 2018. International stocks in the MSCI EAFE also struggled, posting a 3.87% drop for the week, and a 13.31% decline for the year.

Why did stocks drop? Will they continue to do so?
Currently, many topics are on investors’ minds, from inflation to tariffs to valuations and beyond, but analysts are not pointing to one single culprit for last week’s performance.

Instead, a mixture of concerns, with a large dose of emotion, seemed to drive the markets.

Emotional reactions are understandable when volatility emerges, but they have no place in long-term investment strategies. Instead, we need to focus on the fundamentals.

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Weekly Update: October 15, 2018-Stocks Take a Ride


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Featured Article: Stocks Take a Ride


Economic Calendar


Recipe of the Week: Pumpkin Bread


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Take a Ride

Volatility was back in full force last week. The three major domestic indexes posted several days of losses before experiencing wide swings on Friday. By week’s end, the Cboe Volatility Index (VIX), which investors use to help measure fear in the markets, had increased by approximately 70%. The VIX also reached its highest point since February.

Despite a number of equities posting last-minute gains on Friday, all three domestic indexes had sizable losses for the week.

In fact, they posted their worst weekly performance since March. The S&P 500 dropped 4.10%, the Dow declined 4.19%, and the NASDAQ gave back 3.74%. International stocks in the MSCI EAFE also lost ground, decreasing 3.96%.

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Weekly Update: October 8, 2018-Examining Economies


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Featured Article: Examining Economies


Economic Calendar


Recipe of the Week: Salmon BLT


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Examining Economies

Although new data continued to show strength in the U.S. economy, markets stumbled across the globe last week. The S&P 500 lost 0.98%, the Dow dropped 0.04%, and the NASDAQ declined 3.21%. International stocks in the MSCI EAFE struggled, posting a 2.35% loss.

While U.S. and international stocks followed similar paths last week, data is beginning to show that our economic outlooks may be very different for the moment.

U.S. Strength in a Growing International Divide
The latest labor report helped underscore some of the differences between the U.S. economy and the rest of the world.

While the data missed the mark for new jobs added, September marked the 96th-straight month of job growthand the lowest unemployment level since 1969. The report pushed interest rates higher, which contributed to last week’s equity losses.

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Weekly Update: September 24, 2018-New Records and Changes


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Featured Article: New Records and Changes


Economic Calendar


Recipe of the Week: Lemon Mascarpone Parfaits


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


New Records and Changes

Last week brought new tariffs and data, and another look at changes coming to equity classifications. Overall, the S&P 500 gained 0.85% and the Dow was up 2.25%, while the NASDAQ dropped 0.29%. International stocks in the MSCI EAFE had sizable growth, posting a 2.89% increase.

A Look Back: Last Week’s Tariffs and Mixed Housing Data

For months, fears of a global trade war have dominated headlines. Last week, China and the U.S. launched new tariffs on each other’s products, but the latest round of this trade skirmish had an interesting effect.

Rather than feeling concerned, both analysts and investors interpreted the tariffs to be lower than what they expected. As concerns about the global trade war calmed, both the S&P 500 and Dow reached new record highs.

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Weekly Update: September 10, 2018-A Shaky Start to September


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Featured Article: A Shaky Start to September


Economic Calendar


Recipe of the Week: White Bean and Broccolini Salad


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


A Shaky Start to September

Domestic markets fell last week due to negative trade news and declining tech stocks, with the S&P 500 and Dow both breaking their multi-week winning streaks. Meanwhile, the NASDAQ posted losses for 4 days in a row for the first time since April and experienced its worst September start since 2008. Overall, the S&P 500 lost 1.03%, the Dow dropped 0.19%, and the NASDAQ gave back 2.55% for the week. International stocks in the MSCI EAFE also declined, losing 2.89%.

The Cboe Volatility Index (VIX), which can help gauge market fears, increased 15.8% last week. This increase matches what often occurs during September, when volatility returns after waning during the summer months. In fact, since 2007, volatility has been above average in September.

Of course, the change from one month or season to another isn’t enough to trigger market losses and rising volatility.

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Weekly Update: September 4, 2018-Markets Up Again

weekly-update-september-4-2018-markets-up-again


Table of Contents



Featured Article: Markets Up Again


Economic Calendar


Recipe of the Week: Super Easy Fruit and Coconut Ice Cream


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Up Again

Trade continued to dominate the news last week and cause market volatility as investors monitored discussions of the North American Free Trade Agreement (NAFTA) and tension with China. While Mexico and the U.S. reached a new trade deal early in the week, talks with Canada stalled on Friday, August 31. Reports also came out that President Trump may be adding tariffs on another $200 billion in Chinese goods.

Domestic markets increased for the week and ended August in positive territory. The S&P 500 and Dow each had their best August since 2014—while the NASDAQ’s 5.7% growth was its best performance for the month since 2000. On Wednesday, the S&P 500 reached a new record high. For the week, the S&P 500 gained 0.93%, the Dow added 0.68%, and the NASDAQ increased 2.06%. International stocks in the MSCI EAFE joined the growth, adding 0.26%.

Key Data from Last Week
Although trade might have dominated headlines, last week provided a number of informative economic updates, including:

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All About Bots

Even if you aren’t familiar with bots, you’ve likely come into contact with many of these forms of artificial intelligence, or AI. Bots are applications that perform automated tasks such as setting alarms, relaying weather forecasts or conducting online search for travel deals. Many smart phones come equipped with personal-service bots, such as the iPhone’s…

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