Weekly Updates

Weekly Update: February 5, 2018 – Markets Slide as Bond Yields Rise

February 5, 2018


Table of Contents


Featured Article: Markets Slide as Bond Yields Rise


Economic Calendar


Quote of the Week


Recipe of the Week: Fiesta Nacho Casserole


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Slide as Bond Yields Rise

After 4 straight weeks of gains, the markets have slipped. As of Friday, the S&P 500 lost 3.85%, the Dow dropped 4.12%, and the NASDAQ decreased by 3.53%. International stocks in the MSCI EAFE also took a 2.78% hit. Domestically, the losses spanned sectors and asset classes. For the S&P 500, all 11 of the index’s industries lost ground last week. This decline came after the S&P 500 had its best January performance in over 20 years.

So, what happened?

Looking at the markets’ sizable losses, you might expect that discouraging economic data came out last week-or some geopolitical drama spooked investors. On the contrary, the drops came in response to news that seems positive on the surface: Job and wage growth are picking up.

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Weekly Update: January 29, 2018 – Stocks Jump Again

January 29, 2018


Table of Contents


Featured Article: Stocks Jump Again


Economic Calendar


Quote of the Week


Recipe of the Week: Gingery Asian Noodle Salad with Turkey & Cucumbers


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Stocks Jump Again

Stocks had an impressive week yet again, as each of the domestic indexes reached record highs and gained at least 2%. The S&P 500 added 2.23%, the Dow increased 2.09%, and the NASDAQ grew 2.31 International stocks in the MSCI EAFE joined the growth, adding 1.49%.

On Monday, January 22, the government shutdown ended after 3 days, as House and Senate members reached an initial compromise. President Trump signed the measure on Monday evening, securing government funding until February 8.

With the funding discussion set aside for the next week or so, we believe 3 topics were of particular interest for the markets:

  • Corporate earnings
  • Global growth
  • Gross domestic product (GDP Readings)
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    Weekly Update: January 22, 2018 – Stocks Up as Shutdown Looms

    January 22, 2018


    Table of Contents


    Featured Article: Stocks Up as Shutdown Looms


    Economic Calendar


    Quote of the Week


    Recipe of the Week: Cherry Tomato Casserole with White Beans and Basil


    Tax Tips


    Golf Tips


    Healthy Lifestyle


    Green Living


    Stocks Up as Shutdown Looms

    We’re only a few weeks into 2018, and stocks are showing quite a strong performance so far. Last week, major domestic indexes posted gains yet again, with all 3 up at least 5% this year. By Friday, the S&P 500 had added another 0.86%, and both the Dow and NASDAQ were up 1.04%. All 3 indexes hit new record highs at least once during the week.

    In addition to the solid performance for U.S. equities, we’re also experiencing synchronized global growth. European and Asian stocks grew last week, and China’s growth data was more positive than expected. Overall, international stocks in the MSCI EAFE added a healthy 1.24% last week. Year to date, the MSCI is up 4.95%.

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    Weekly Update: January 16, 2018 – Equities and Inflation Climb

    January 16, 2018


    Table of Contents


    Featured Article: Equities and Inflation Climb


    Economic Calendar


    Quote of the Week


    Recipe of the Week: Shaved Zucchini and Prosciutto Grilled Pizza


    Tax Tips


    Golf Tips


    Healthy Lifestyle


    Green Living


    Equities and Inflation Climb

    Domestic markets continued their strong start to 2018, posting gains across the board for their 2nd week. The S&P 500 added 1.57% and closed at a new record high on Friday. The index just posted its best 10-day beginning to a year since 2003, with a 4.2% gain so far this year. The Dow also hit a new record on Friday and gained 2.01% for the week. The NASDAQ increased by 1.74%, while international stocks in the MSCI EAFE joined last week’s gains, adding 1.20%.

    By week’s end, we didn’t receive a tremendous amount of economic data. However, the economy did provide details that reveal it continues to pick up speed. In particular, both corporate earnings and inflation appear to be on the rise.

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    Weekly Update: January 8, 2018 – Stocks Start 2018 With a Jump

    January 8, 2018


    Table of Contents


    Featured Article: Stocks Start 2018 With a Jump


    Economic Calendar


    Quote of the Week


    Recipe of the Week: Bacon and Broccoli Rice Bowl

    Tax Tips


    Golf Tips


    Healthy Lifestyle


    Green Living


    Stocks Start 2018 With a Jump

    The first week of 2018 is behind us, and across the globe, stocks experienced a strong start to the year. International stocks in the MSCI EAFE gained 2.44% last week. In the U.S., our major indexes also leapt forward, hitting a number of records and milestones.

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    Special Edition Annual Update: January 2, 2018 | 2017 in Review

    January 2, 2018


    Table of Contents


    Featured Article: 2017 in Review


    Economic Calendar


    Quote of the Week


    Recipe of the Week: Ohio Turkey Chili

    Tax Tips


    Golf Tips


    Healthy Lifestyle


    Green Living


    2017 in Review

    In the final trading days of a strong 2017, U.S. indexes lost some ground. During the holiday-shortened week, the S&P 500 dropped by 0.36%, the Dow lost 0.14%, and the NASDAQ gave back 0.81%. A selloff toward the end of the day on Friday contributed to the domestic indexes’ weekly losses. International stocks in the MSCI EAFE ended the week in positive territory, gaining 0.89%.

    Despite the losses, all three major domestic indexes experienced their best year since 2013. During 2017, the Dow hit 71 record highs, and the NASDAQ gained in all but 1 month for the first time ever.

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    Weekly Update: December 26, 2017 – A Tax Bill Before the Holiday

    December 27, 2017


    Table of Contents


    Featured Article: A Tax Bill Before the Holiday


    Economic Calendar


    Quote of the Week


    Recipe of the Week: Ham, Peas, and Cheese Gnocchi Casserole

    Tax Tips


    Golf Tips


    Healthy Lifestyle


    Green Living


    A Tax Bill Before the Holiday

    As we headed into the long holiday weekend, the markets continued to climb as tax reform moved forward. For the week, the S&P 500 closed up 0.29%, the Dow rose 0.43%, and the NASDAQ gained 0.35%. International stocks in the MSCI EAFE increased by 1.23%

    Before leaving for his holiday vacation, President Trump signed a new tax bill and a measure to temporarily delay a possible government shutdown. Supporters of the $1.5 trillion tax cut, which dramatically reduces the corporate tax rate, believe it will encourage businesses to invest, hire more workers, and increase wages. Some companies are already celebrating by offering bonuses to their employees and promising to improve infrastructure in the workplace.

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    Weekly Update: December 18, 2017 – Tax Plan Boosts Stocks

    December 18, 2017


    Table of Contents

    Featured Article: Tax Plan Boosts Stocks

    Economic Calendar

    Quote of the Week

    Recipe of the Week: Lamb Sausage with Confetti Couscous

    Tax Tips

    Golf Tips

    Healthy Lifestyle

    Green Living


    Tax Plan Boosts Stocks

    Domestic markets were up last week as tax reform became more likely. On Friday, multiple previously undecided Senators announced they would back the combined House and Senate bill, and stocks reacted by hitting new record highs. For the week, the S&P 500 gained 0.92%, the Dow added 1.33%, and the NASDAQ grew by 1.41%. International stocks in the MSCI EAFE increased 0.13%.

    The House and Senate may vote on the tax plan next week, and if it passes, a number of changes will be on the horizon. In particular, the corporate tax rate would drop from 35% to 21% in 2018. Anticipation of this change has contributed to the many record highs we’ve seen in the domestic markets this year.

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    Weekly Update: December 11, 2017 – Strong Markets for the Holidays

    December 11, 2017

    Table of Contents

    Featured Article: Strong Markets for the Holidays

    Economic Calendar

    Quote of the Week

    Recipe of the Week: Eggplant Stuffed with Bulgur and Cashew

    Tax Tips

    Golf Tips

    Healthy Lifestyle

    Green Living


     Strong Markets for the Holidays

    As the holiday season progresses, the markets continue to impress. Last week, many energy, financial, and industrial sector stocks helped drive performance. Hitting record highs yet again, the S&P gained 0.35%, and the Dow jumped 0.40% for the week.Meanwhile, the NASDAQ fell slightly by 0.11%, and the MSCI EAFE rose 0.08%.

    Solid labor market conditions and a rebounding retail climate are helping to support the economy as the year closes.

    Here are some developments that stood out last week:

    Promising Labor Market Numbers

    Encouraging news came on Friday when we learned that nonfarm payroll jobs rose more than expected in November, coming in at 228,000. Manufacturers have created almost 200,000 new jobs in the last 12 months and 1 million new factory jobs since 2010. We have now had 86-straight months of job gains, the longest stretch in U.S. history.

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    Weekly Update: December 4, 2017 – Looking Beyond Politics

    December 5, 2017

    Table of Contents

    Featured Article: Looking Beyond Politics

    Economic Calendar

    Quote of the Week

    Recipe of the Week: Mustard Crusted Meatloaf

    Tax Tips

    Golf Tips

    Healthy Lifestyle

    Green Living


    Looking Beyond Politics

    Markets went for a wild ride last week—especially on Friday. In fact, on December 1, the S&P 500 had its largest fluctuations since the day after the 2016 presidential election. Nonetheless, two of the major domestic markets hit new record highs on Thursday and ended the week with sizable gains. The S&P 500 added 1.53% and the Dow gained 2.86%. Meanwhile, the NASDAQ lost 0.60% and international stocks in the MSCI EAFE gave back 0.95%.
    What drove markets last week?
    Politics played a large role in market performance last week with big developments on tax reform and the Russia investigation.

    Tax Reform
    On Thursday, news that the Senate bill was more likely to pass contributed to the Dow and S&P 500 closing at record highs. Early Saturday morning, the Senate did end up voting in favor of the proposal.

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