June 2024 Quarter End Report
As the chart below shows, this has been a good year, so far, for the broad Standard & Poor’s U.S. stock index. Driving this performance has been a handful of powerful technology issues. Absent these companies, the index’s rise would have been OK but nothing to get excited about. Fortunately, most clients owned the technology darlings, like Nvidia, Microsoft and [...]
Gen-X and Retirement
Trusted Financial has been helping people plan for retirement for decades, from the World War II generation to today. Perhaps you may want to give us a call? "As retirement looms, many Gen Xers are still playing catch-up (cnbc.com)"
March 2024 Quarter End Report
The past three months saw a continuation of a tech stock driven market rally, and as non-tech stocks also began to rally, confirmed that a sustainable bull market is in motion. The Standard & Poor’s 500 Index is up 10.16% so far this year and up 29.71% over the past 12 months. U.S. interest rates, based on the 10 Year [...]
Year End Summary 2023
The major US and world stock indices had a volatile year in 2023, influenced by various factors such as the banking crisis, Federal Reserve Board policy, inflation, and geopolitical tensions. Here is a brief summary of their performance: The capitalization weighted S&P 500 gained 24.2%, driven primarily by a handful of technology companies that came to be known as the [...]
Quarter End Report Sept 30, 2023
“…the Fed Board seems to be convinced that inflation must be stopped at all costs, so there is a good chance they will overshoot. Employment remains strong as does consumer spending. Resistance to inflationary price hikes appears to be absent. Therefore, I would not be surprised to see 10 Year T-bonds at 6%, even near 7% before the fever breaks.“ -Trusted Financial [...]
Mid-Quarter Update, Aug. 15, 2023
The Tech stock train leaves the station, or so it seems We missed much of the blistering tech stock rally seen in the first seven months of 2023. This is unsurprising as most clients want moderate growth without the terrifying volatility that technology and similar growth stocks generate. Coming off a tech stock bear market, I largely subscribed to the [...]