The Quiet Fall in Bond Yields What’s behind the quiet fall in bond yields? Provided by Peck Financial Advisors With all the attention given to inflation, stock prices, and job reports, it’s been easy to overlook the remarkable move in the bond market during the past few months. The yield on the 10-year treasury closed at 1.37% on Friday, July 9, down from its 2021 high of 1.74% in late March. 1 What’s behind the...
Monthly Economic Update Presented by Peck Financial Advisors July 2021 U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but the Standard & Poor’s 500 Index rose 2.22 percent. The Nasdaq Composite led, gaining 5.49 percent. 1 Inflation Report The May Consumer Price Index came in above expectations. Prices increased by 5 percent for the year-over-year...
Post-Covid Economy and Market Volatility by Valerie L Peck, CFP® The stock market has rallied significantly over the past year. Despite reaching many new all-time highs, uncertainty remains high due to the recovery and rising interest rates. Stock market volatility is a normal and unavoidable part of investing. The reason we as investors are rewarded over time is because we are willing to stomach risk, especially when it is least expected. For long-term investors, it...
Fed Funds and Bond Interest Rates by Valerie L. Peck, CFP® The Fed has kept interest rates at the zero lower bound since the pandemic began. They announced this week that they expect interest rates to begin to rise again sometime in 2023. There are reasons for us to be encouraged as well as cautious in these transitioning times. Rising interest rates result in lower bond values. But remember that rising interest rates also mean...
Monthly Economic Update Presented by Peck Financial Advisors June 2021 U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite, home for many technology and high-growth companies, dropped 1.53 percent. 1 Solid Earnings Stock prices moved erratically throughout May as investors digested more solid corporate...
Monthly Economic Update Presented by Peck Financial Advisors May 2021 U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up 5.24 percent. The Nasdaq Composite led, climbing 5.40 percent. 1 Signs of Recovery Stocks raced ahead in the first half of the...
An early look at possible changes in capital gains... From Morningstar: Biden's Capital Gains Tax Plan Could Mean Big Changes for Wealthy Investors Click Her e to continue reading.
Monthly Economic Update Presented by Peck Financial Advisors April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62 percent. The Standard & Poor’s 500 Index rose 4.24 percent while the tech-heavy Nasdaq Composite added 0.41 percent. 1 Bonds Take Center Stage The month began strong, thanks to a retreat...
We're hearing a lot in the financial news about rising interest rates and the possibility of inflation. Here's an article with some helpful perspective from the Capital Group, "Four Reasons Not to Fear Rising Interest Rates"... Click here.
This is the most comprehensive article I've seen so far descirbing the impact of covid legislation on 2020 taxes. Check it out click here.
Monthly Economic Update Presented by Peck Financial Advisors, March 2021 U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 percent. The Standard & Poor’s 500 Index rose 2.61 percent, while the Nasdaq Composite added 0.93 percent. 1 Singular Focus Investors focused on fundamentals during the month as the U.S. presidential election and...
Monthly Economic Update Presented by Peck Financial Advisors February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of companies roiled markets. The Dow Jones Industrial Average dropped 2.04 percent and the Standard & Poor’s 500 Index fell 1.11 percent. By contrast, the Nasdaq Composite gained 1.42 percent. 1 Mixed Signals The stock market stumbled at the...
