Uncategorized Archives - Page 3 of 33

Market Update Week of December 9, 2024

by Robert Loporto | Dec 10, 2024 | Uncategorized

Market Update—Week of December 9, 2024Presented by Axial Financial Group Hiring rebounded swiftly in November after a weather-driven slowdown in October. The so-called Magnificent Seven (Apple, Alphabet, Amazon, Nvidia, Meta Platforms, Microsoft, and Tesla) led...

Market Update Week of December 2, 2024

by Robert Loporto | Dec 2, 2024 | Uncategorized

Market Update—Week of December 2, 2024Presented by Axial Financial Group Consumer confidence improved more than expected. Equity markets continued to show signs of broadening beyond Nvidia and Tesla. We expect several important reports this week, highlighted by...

Market Update Week of November 25, 2024

by Robert Loporto | Nov 26, 2024 | Uncategorized

Market Update—Week of November 25, 2024Presented by Axial Financial Group Housing data was mixed; home builder confidence and existing home sales fared better than expected but new home starts disappointed. A strong dollar increased market breadth beyond the...

3 New Required Minimum Distribution (RMD) Rules Everyone Must Know Before the End of 2024

by Robert Loporto | Nov 20, 2024 | Uncategorized

By Adam Levy – Nov 3, 2024 at 5:07AM Key Points Roth 401(k) owners can now completely avoid RMDs while maintaining their accounts. Inherited IRA owners may be able to forego an RMD this year, but they might want to take it anyway. You can avoid taxes altogether with...

Weekly Market Update, Week of November 18th, 2024

by Robert Loporto | Nov 19, 2024 | Uncategorized

Market Update—Week of November 18, 2024Presented by Axial Financial Group (Intro: 50 words) Consumer and producer inflation picked up in October. A reversal of the election rally and sector rotation related to the new administration were two major themes for equities....

Weekly Market Update, Week of November 11th, 2024

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,...