by Robert Loporto | Nov 15, 2024 | Uncategorized
Market Update—Week of November 11, 2024Presented by Axial Financial Group Service sector confidence reached a two-year high in October. Small-caps led the way in a post-election, risk-on rally. It will be another busy week; we expect data on the economy, inflation,...
by Robert Loporto | Nov 7, 2024 | Uncategorized
Market Update—Week of November 6, 2023Presented by Axial Financial Group Quick Hits Report releases: The Federal Open Market Committee (FOMC) kept the federal funds rate at 5.5 percent.2. Financial market data: Long-duration equities and stocks rallied heavily.3....
by Robert Loporto | Nov 6, 2024 | Uncategorized
IR-2024-285, Nov. 1, 2024 WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The IRS today also issued technical...
by Robert Loporto | Nov 5, 2024 | Uncategorized
Market Update—Week of November 4, 2024Presented by Axial Financial Group Hiring slowed notably in October, though the figure was affected by the Boeing strike and two hurricanes. Mega-caps showed mixed earnings, with some revealing signs of caution ahead. This...
by Robert Loporto | Nov 4, 2024 | Uncategorized
Market Thoughts for November 2024 [Video] Posted by Brad McMillan, CFA®, CFP® This entry was posted on Nov 4, 2024 11:22:03 AM Markets were down in October across the board, with stocks falling at month-end. Bonds also dropped as traders dialed back...
by Robert Loporto | Oct 28, 2024 | Uncategorized
Posted by Chris Fasciano This entry was posted on Oct 24, 2024 3:05:54 PM “The wind is rising, and the air is wild with leaves. We have had our summer evenings; now for October eves!”— Humbert Wolfe October is one of those months where you don’t need a calendar...
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