by admin | Apr 26, 2024 | Market Outlook, Weekly Wrap
Dear Friends, For the past two weeks, we’ve seen the markets pull back due to geopolitical tensions and sticky inflation data. Meanwhile, we’ve also seen the markets rebound after strong earnings were released from S&P 500 companies. The mixed picture is testing...
by admin | Apr 12, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In honor of Earth Month, the University of Virginia is hosting several events to bring awareness to sustainability in our daily lives. As a B Certified organization, the Legacy Foundation has a commitment to incorporate sustainable investment strategies...
by admin | Mar 28, 2024 | Weekly Wrap
Dear Friends, Last week, Albemarle County declared a state of emergency and issued evacuation alerts due to brush fires spreading in the Taylors Gap area, exacerbated by low humidity and high winds. Hundreds of households experienced power outages from downed power...
by admin | Mar 1, 2024 | Weekly Wrap
Dear Friends, Recent inflation data shows that the price levels are still decreasing but appear to be coming down slower than expected. Financial markets have so far shrugged off such a notion, even as rate-cut expectations have moderated. Optimism has been fueled by...
by admin | Feb 16, 2024 | Weekly Wrap
Dear Friends, In the past two weeks, the S&P500 index soared to a new record high and surpassed 5,000 with more than 5% return in 2024. Meanwhile, the Nikkei 225, Japan’s equity market index, has also shown exceptional performance, booking over a 10% return...
by admin | Feb 2, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In the past two weeks, over 40% of S&P 500 companies have reported their 4th quarter earnings for 2023, including big tech companies such as Tesla, Google, Apple, Microsoft, Meta, and Amazon. In aggregate, companies are reporting earnings that are...
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