by Robert Loporto | Mar 30, 2023 | Uncategorized
Image source: Getty Images/Stock Photo Married couples can fund two accounts, even if just one spouse earns income. By JEAN FOLGER, updated March 18, 2023 Reviewed by DAVID KINDNESS Fact checked by SUZANNE KVILHAUG What Is a Spousal Roth IRA? Typically, individuals...
by Robert Loporto | Mar 28, 2023 | Uncategorized
Weekly Market Update, Week of March 27, 2023 Presented by Axial Financial Group Market Update—Week of March 27, 2023 —Quick Hits Report releases: The Federal Open Market Committee (FOMC) raised the federal funds rate 0.25 percent...
by Robert Loporto | Mar 27, 2023 | Uncategorized
What Mattered This Week? Banks Seek Help from the Fed Posted by Brad McMillan, CFA, CAIA, MAI Mar 24, 2023 2:10:39 PM There were two events that mattered this week. First was the regular Fed meeting on interest rates, where the Fed ended up raising rates by the...
by Robert Loporto | Mar 21, 2023 | Uncategorized
Weekly Market Update, Week of March 20, 2023 Presented by Axial Financial Group Market Update—Week of March 20, 2023 Quick Hits Report releases: Inflation and retail sales cooled as used auto prices have declined2. Financial market data:...
by Robert Loporto | Mar 13, 2023 | Uncategorized
Are Bank Failures Signaling a Rerun of the Great Financial Crisis? Posted by Brad McMillan, CFA, CAIA, MAI, Mar 13, 2023 12:04:10 PM Starting last Friday and extending over the weekend, we saw two very large bank failures: Silicon Valley Bank (SVB) and...
by Robert Loporto | Mar 7, 2023 | Uncategorized
Weekly Market Update, March 6, 2023 Presented by Axial Financial Group General Market News This month marks one year since the Federal Open Market Committee (FOMC) began its unprecedented rate hiking journey and, although the grip...