Weekly Updates

Weekly Update: August 20, 2018-Trade & Turkey Drive Markets

August 20, 2018


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Featured Article: Trade & Turkey Drive Markets


Economic Calendar


Recipe of the Week: Zucchini Soup


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Trade & Turkey Drive Markets

Challenges in emerging markets affected both U.S. and global stock performance last week, with the S&P 500 experiencing several down days. By market close on Friday, however, two of the three major domestics posted gains for the week. The S&P 500 added 0.59%, the Dow increased 1.41%, and the NASDAQ lost 0.29%. Meanwhile, the MSCI EAFE international stocks slipped 1.18%.

As several reports deepened our understanding of the economy’s underlying health, investors balanced the news with updates on Turkey and trade disputes. Here are some key highlights of the various developments:

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Weekly Update: August 13, 2018-Mixed Results as Turkey Stumbles

August 14, 2018


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Featured Article: Mixed Results as Turkey Stumbles


Economic Calendar


Recipe of the Week: Basil-Berry Lemonade Sorbet


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Mixed Results as Turkey Stumbles

Stocks ended the week in mixed territory as trouble with Turkey’s currency affected U.S. equity performance on Friday, August 10. For the week, the S&P lost 0.25%, the Dow declined 0.59%, and the NASDAQ increased 0.35%. International stocks in the MSCI EAFE stumbled, giving back 1.57%.

Although last week brought relatively few economic updates, we did learn that the labor market continues to improve and consumer prices are on the rise. While this news may have affected market performance, the challenges facing Turkey’s economy had an outsize impact on global stocks.

What happened to the Turkish lira?
The Turkish lira dropped 14% to 6.46 per dollar, the weakest on record with the largest drop in more than 17 years. The lira ended the week at a record low against the U.S. dollar. Tension between the U.S. and Turkey played a part in the decline as President Trump tweeted plans to double tariffs on Turkish steel and aluminum imports.

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Weekly Update: August 6, 2018-Stocks Up as Data Comes In

August 6, 2018


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Featured Article: Stocks Up as Data Comes In


Economic Calendar


Recipe of the Week: Apple Ring and Peanut Butter Sandwiches


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Up as Data Comes In

Domestic markets ended last week in positive territory, as the S&P gained 0.76%, the Dow was up 0.05%, and the NASDAQ increased 0.96%. This performance marked the 5th week in a row that the S&P 500 and Dow posted gains. Meanwhile, international stocks in the MSCI EAFE stumbled, losing 1.47% for the week.

Once again, trade and corporate earnings were in the news last week. We learned that the U.S. is considering increasing tariffs on $200 billion of Chinese imports. In response, China announced their own tariffs ranging from 5%–25% on $60 billion of U.S. products.

Corporate earnings season also continued, and so far, more than 78% of S&P 500 companies have beaten estimates. If the trend holds, the 2nd quarter will likely average more than 20% growth in earnings per share. Companies have also detailed positive perspectives for the rest of 2018, showing that this strong corporate performance should continue.

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Weekly Update: July 23, 2018-Earnings Season Continues

July 23, 2018


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Featured Article: Earnings Season Continues


Economic Calendar


Recipe of the Week: Ginger Pork and Cucumber Salad


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Earnings Season Continues

On Friday, July 20, stocks lost a small amount of ground after President Trump escalated his threats of increasing tariffs on China. However, strong quarterly earnings reports from several large companies helped provide balance in the markets.

For the week, domestic indexes experienced little movement, as the S&P gained 0.02%, the Dow was up 0.15%, and the NASDAQ dropped 0.07%.

International stocks in the MSCI EAFE had slightly more change, with a 0.63% gain.

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Weekly Update: July 16, 2018-Special Report: Quarterly Update

July 16, 2018


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Featured Article: Special Report: Quarterly Update


Economic Calendar


Recipe of the Week: Skillet Cookie Sundaes


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Special Report: Quarterly Update

Last week, trade tensions with China lessened somewhat, while the 2nd quarter corporate earnings season started with mixed results. Against this backdrop, domestic stocks experienced sizable growth.

By market’s close on Friday, July 13, the S&P 500 was above 2,800 for the first time since February 1. Meanwhile, the Dow was above 25,000, and the NASDAQ had hit a new record. For the week, the S&P 500 gained 1.50%, the Dow added 2.30%, and the NASDAQ was up 1.79%. International stocks in the MSCI EAFE increased as well by 0.16%.

We are now two weeks into July, which means the 1st half of 2018 is behind us. As we analyze what may be ahead in the markets, we’ll also strive to understand what has happened so far this year.

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Weekly Update: July 9, 2018-Jobs Push Stocks Up

July 9, 2018


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Featured Article: Jobs Push Stocks Up


Economic Calendar


Recipe of the Week: Mixed Green and Herb Tossed Salad


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Jobs Push Stocks Up

Domestic stocks only traded for 4 days last week, due to the Independence Day holiday. In that time, all 3 major domestic indexes posted positive results for the week. The S&P 500 added 1.52%, the Dow gained 0.76%, and the NASDAQ increased 2.37%. International stocks in the MSCI EAFE were up as well by 0.56%.

Once again, trade and tariffs were a major topic on many people’s minds. On Friday, July 6, the U.S. and China placed $34 billion of duties on each other’s imports.

However, instead of focusing on the trade-war escalation, another topic captured many investors’ attention: the latest jobs report.

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Weekly Update: July 2, 2018-Trade and Tariffs Rattle Markets

July 2, 2018


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Featured Article: Trade and Tariffs Rattle Markets


Economic Calendar


Recipe of the Week: Raspberry Swirl Rolls


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Trade and Tariffs Rattle Markets

International trade concerns continue to create uncertainty in markets around the world. Despite the markets’ slight rises on Friday, June 29, they recorded losses for the week. The S&P 500 fell 1.33%, the Dow gave back 1.26%, and the NASDAQ dropped 2.37%. Internationally, the MSCI EAFE declined 1.10%.

Friday also marked Q2’s last trading day. The U.S. economy remains strong thanks to low unemployment numbers and strong corporate earnings. Meanwhile, on Thursday, the Fed announced that all, but one bank passed stress tests evaluating their ability to weather a financial downturn.

This week, we’ll address President Trump’s proposed tariffs on international imports and their effect on stock performance.

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Weekly Update: June 25, 2018-The Power of Corporate Earnings

June 25, 2018


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Featured Article: The Power of Corporate Earnings


Economic Calendar


Recipe of the Week: New England Clam Chowder


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


The Power of Corporate Earnings

Stocks stumbled across the globe last week as trade tensions continued to escalate. Despite rebounding somewhat on Friday, the S&P 500 experienced its first weekly loss in a month, and the Dow posted its worst week since March. The S&P 500 dropped 0.89%, the Dow lost 2.03%, and the NASDAQ fell 0.69%. International stocks in the MSCI EAFE gave back 0.98%.

While trade headlines may affect market performance, a closer look at the data shows other, more powerful drivers affecting equity prices. In particular, many investors continue to focus on corporate earnings estimates.

Analyzing Corporate Earnings
Strong corporate earnings have helped maintain a sense of market balance in 2018. As the media focuses on political stories,

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Weekly Update: June 18, 2018-Trade and Interest Rates

June 18, 2018


Table of Contents



Featured Article: Trade and Interest Rates


Economic Calendar


Recipe of the Week: 3-Ingredient Chocolate Mousse


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Trade and Interest Rates

Last week stocks showed mixed results as political headlines continued to dominate the news. The Dow lost 0.89% and the S&P 500 was almost flat with a 0.02% gain. The NASDAQ, on the other hand, reached a record high on Thursday and ended the week up 1.32%.

Both the S&P 500 and NASDAQ experienced their 4th week of gains in a row. International stocks in the MSCI EAFE lost ground, posting a 0.52% decline.

Two Key Perspectives From Last Week:

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Weekly Update: June 11, 2018-Strength, Growth, and Tension

June 11, 2018


Table of Contents



Featured Article: Jobs Report Calms Volatility


Economic Calendar


Recipe of the Week: Thai Beef and Veggie Stir-Fry


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Strength, Growth, and Tension

As last week ended, tension between the U.S. and some of its greatest allies was on the rise. Trade remained a hot-button topic ahead of the G-7 meeting in Canada, but investors seemed largely unfazed by the drama.

In fact, all 3 domestic indexes posted strong results: The S&P 500 added 1.62% and the NASDAQ gained 1.21%, with both indexes notching their 3rd week of gains in a row. The Dow ended Friday up 2.77% for the week—recording both its highest level and largest weekly gain since March. International stocks were also up, with the MSCI EAFE increasing by 0.91%.

While geopolitical headlines keep unfolding, new data continues to indicate that the U.S. economy is on solid ground. Let’s examine a few updates we received last week:

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