Monthly Market Update- Investment Commentary
September 2021 Global stocks grinded 2.5% higher in August. Larger-cap U.S. stocks gained 3.0%— their seventh straight positive month. International developed-market equities and emerging-market equities were up similar amounts in August (1.8% and 2.6%, respectively)....
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Three Books to Help Achieve Personal Financial Independence
When discussing money and finances with clients, I get personal. I want to know their goals so I can help achieve them. I also share insights about investing and financial planning, often highlighting articles and books, to provide them with useful perspectives about...
Investment Management-Harvie Roe
The Morning View: July 30, 2021
Announced this morning, Personal Income increased 0.1% in June, a bit more than expected. Personal Spending increased 1.0% in June, higher than expected and a rebound from the flat reading the previous month. The PCE Deflator, a measure of inflation, increased 0.5%...
The Morning View: July 20, 2021
Announced this morning, Housing Starts were 1,643,000 in June, an increase of 6.3% for the month, which was much higher than. Conversely, Building Permits were 1,598,000 in June, down -5.1% for the month, which was more negative than expected. Overall, the increase in...
Financial Planning Tips for Time-Crunched Physicians
Physicians are required to diagnose and treat a wide variety of complex health issues in addition to helping care for their families, but it puts time constraints on an important aspect of their lives: financial planning. Given their workload, it should not be...
The Morning View: July 13, 2021
In this morning’s data, the Consumer Price Index increased 0.9% in June, higher than expected, and is 5.4% higher on annual basis. Prices of Used Cars and Trucks were again strong, up 10.5% for the month, while Medical Care Commodities and Electricity were slightly...
Investment Management-Harvie Roe
The Morning View: July 8, 2021
In this morning’s data, Initial Jobless Claims were 373,000 for the week ending July 3rd, a small increase of 2,000 over the previous week’s revised level. On the other hand, Continuing Claims were 3,339,000 for the week ending June 26th, which is a decrease from the...
The Morning View: July 2, 2021
Announced this morning, the economy added 850,000 jobs in June, more than expected. The Leisure and Hospitality industry was strong, adding 343,000 jobs, while Construction and Motor Vehicles & Parts industries were weak. The Unemployment Rate increased three...