by admin | Jul 5, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Over the past couple of years, the Federal Reserve Board has repeatedly emphasized that future policy is data-dependent, and two important data points were recently released which will be carefully examined by the Fed ahead of their next meeting. The...
by admin | Jun 21, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In June, US large-cap equities experienced strong momentum with the S&P500 index touching a new record despite the Fed continuing to hold rates at a high level even with the mild CPI report. However, only 44% of the stocks in S&P 500 are above...
by admin | May 24, 2024 | Weekly Wrap
Dear Friends, With the warmer weather setting in at this time of year, we find ourselves eagerly anticipating the arrival of summer. As we begin Memorial Day weekend and look forward to spending time with friends and family, please join us in remembering and honoring...
by admin | May 10, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Last Wednesday, the Federal Open Market Committee announced the interest-rate decision and monetary policy for their meeting in May. The market reacted positively along with more companies releasing their earnings. The market had a decent rebound in...
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...
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