by admin | Jul 21, 2023 | Retirement Planning, Weekly Wrap
Dear Friends, As the second quarter’s earnings season kicks off, strong results combined with economic data led to the recession narrative losing some support, though the likelihood is still high by historical standards. These updates have been the focus of headlines...
by admin | Jul 7, 2023 | Market Outlook, Weekly Wrap
Dear Friends, The past two weeks have brought with it a wide range of weather here in Charlottesville and it appears there may be some correlation to what we are seeing in the markets. All kidding aside, the US economy is proving to be more resilient than initially...
by admin | Jun 23, 2023 | Weekly Wrap
Dear Friends, During the final weeks of June, a series of significant economic events developed worldwide. One of the most impactful events was the Federal Reserve’s decision to pause rate hikes during the June Federal Open Market Committee (FOMC) meeting....
by admin | Jun 9, 2023 | Weekly Wrap
Dear Friends, Financial market fears of a potential U.S. credit default were lifted as President Biden signed into law bipartisan legislation that suspended the $31.4 trillion debt ceiling, narrowly avoiding an unprecedented U.S. default. While this brought some...
by admin | May 26, 2023 | Weekly Wrap
Dear Friends, As the warmer weather begins to set in 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 12, 2023 | Weekly Wrap
Dear Friends, Consumers plan to spend a total of $35.7 billion on Mother’s Day this year, nearly $4 billion more than last year’s record high of $31.7 billion, according to the annual survey released today by the National Retail Federation and Prosper Insights &...
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