by Ohnward Wealth & Retirement | May 14, 2024 | blog
Broad equity markets finished higher for the week, which was relatively light in terms of economic releases. The S&P 500 was up for the week gaining 1.85% The Dow Jones Industrial Average was up at 2.16% The Nasdaq Composite finished higher by 1.14% The...
by Ohnward Wealth & Retirement | May 6, 2024 | blog
Last week, markets finished up again for the second week despite negative news on the inflation and economic demand. The S&P 500 was up 0.55% The Dow Jones Industrial Average increased by 1.14% The tech-heavy Nasdaq Composite led broad equity markets...
by Ohnward Wealth & Retirement | Apr 29, 2024 | blog
Last week, Q1 gross domestic product (GDP) and personal consumption expenditures (PCE) numbers were center stage as markets finished up after a volatile week: The S&P 500 was up 2.67% The Dow Jones Industrial Average was positive by 0.67% The tech-heavy Nasdaq...
by Ohnward Wealth & Retirement | Mar 21, 2023 | blog
Download our flyer here. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor....
by Ohnward Wealth & Retirement | Jun 21, 2022 | blog
June 15, 2022 the Federal Reserve officials approved a .75 basis-point increase in the Fed’s benchmark. A hike of this magnitude lifts the federal funds target to a range between 1.50 and 1.75. The anticipated interest rate movement is being hastened by concerns...
by Ohnward Wealth & Retirement | May 2, 2022 | blog
The Federal Reserve (FOMC, Federal Open Market Committee) meets this week, and it seems as if the announcement has already been made, rates are going up .50%. (Fifty basis points) This is great for CD and Annuity savers, not so great for borrowing. The...