Monday 10th December, 2018
Markets went for another wild ride last week, as major domestic indexes swung back and forth. By Friday, December 7, markets had posted their worst weekly performance since March—and the S&P 500 and Dow both moved into negative territory for 2018. Overall, the S&P 500 lost 4.60%, the Dow declined 4.50%, and the NASDAQ dropped 4.92%. International stocks in the MSCI EAFE also struggled, posting a 2.27% weekly loss.
Monday 3rd December, 2018
U.S. markets ended a volatile month on a high note Friday. All three major indices posted impressive increases for the week, buoyed by news from the Fed Reserve and international trade. The S&P 500 jumped 4.85%, and the NASDAQ finished up 5.64%— both gains are almost 7-year highs. Meanwhile, the Dow experienced a 2-year high, increasing 5.16%. Internationally, the MSCI EAFE rose 0.95%.
Why Did Stocks Drop?
Monday 26th November, 2018
Last week was a tough one for markets. The S&P 500 dropped 3.79% and experienced its worst results during a Thanksgiving week since 1939. While the index officially entered correction territory on Friday, it closed 10.2% below its most recent record high. Meanwhile, the Dow and NASDAQ continued the downward trend, losing 4.44%, and 4.26%, respectively. International stocks in the MSCI EAFE also declined, posting a 1.12% loss.
2019 Tax Planning
Monday 19th November, 2018
The countdown begins. Once the clock rolls us into 2019, tax season gets underway. The old calendar year, 2018, will have been put officially to rest. Deductions from your paychecks and other income sources will begin counting for the New Year. Once it’s 2019, we can celebrate, and look to even better days ahead. But we dare not neglect our fiduciary obligations to the old year. On January 1, it’ll be 104 days to April 15, 2019. That’s the deadline the IRS sets for tax returns. If you miss that deadline, you may face consequences.
The Impact of Oil and Elections
Monday 12th November, 2018
Last week, markets experienced a 4-day winning streak before dropping on Friday, November 9. Despite those losses, domestic indexes posted gains for the week. The S&P 500 increased 2.13%, the Dow added 2.84%, and the NASDAQ was up 0.68%. International stocks in the MSCI EAFE had slight growth, ending the week up 0.20%
Markets Bounce Back
Monday 5th November, 2018
Markets posted strong gains last week after struggling for much of October. The S&P 500 had its best weekly performance since May, and the NASDAQ had its first positive week since September. Despite domestic markets dropping on Friday, November 2, the S&P 500 added 2.42%, the Dow increased 2.36%, and the NASDAQ gained 2.65%. International stocks in the MSCI EAFE were also up 3.34%.
Why Did Stocks Drop?
Monday 29th October, 2018
Last week did nothing to dispel October’s reputation as a tough month for the markets. The S&P 500 lost 3.94%, the Dow declined 2.97%, and the NASDAQ dropped 3.78% during what was one of 2018’s most volatile weeks so far. All three indexes are down significantly for the month, and both the S&P 500 and Dow have entered negative territory for 2018. International stocks in the MSCI EAFE also struggled, posting a 3.87% drop for the week, and a 13.31% decline for the year.
Monday 22nd October, 2018
Stock performance was mixed last week as investors considered the impact of interest rates, international affairs and corporate earnings. The S&P 500 gained 0.02%, and the Dow added 0.41% to post its first weekly gains in October. The NASDAQ declined 0.64% and extended its losing streak. International stocks in the MSCI EAFE dropped by 0.08%.
Stocks Take a Ride
Monday 15th October, 2018
Volatility was back in full force last week. The three major domestic indexes posted several days of losses before experiencing wide swings on Friday. By week’s end, the Cboe Volatility Index (VIX), which investors use to help measure fear in the markets, had increased by approximately 70%. The VIX also reached its highest point since February.
Monday 8th October, 2018
Although new data continued to show strength in the U.S. economy, markets stumbled across the globe last week. The S&P 500 lost 0.98%, the Dow dropped 0.04%, and the NASDAQ declined 3.21%. International stocks in the MSCI EAFE struggled, posting a 2.35% loss
Cadent Fall 2018 Newsletter
Monday 1st October, 2018
In this edition of our Perspectives newsletter, we'll explore the challenges of the sandwich generation as well as discuss how to prepare financially for the new year. We hope you'll find these articles helpful in making your Autumn more enjoyable and productive.
New Records and Changes
Monday 24th September, 2018
Last week brought new tariffs and data, and another look at changes coming to equity classifications. Overall, the S&P 500 gained 0.85% and the Dow was up 2.25%, while the NASDAQ dropped 0.29%. International stocks in the MSCI EAFE had sizable growth, posting a 2.89% increase.
Stocks Up as Milestone Passes
Monday 17th September, 2018
Last week, the East Coast prepared for Hurricane Florence, which roared through the Carolinas and Georgia. As investors kept their eyes on the weather and its potential for destruction, estimates emerged of up to $27 billion in hurricane damage. This potential for damage contributed to insurance companies in the S&P 500 declining last week. While the hurricane likely won’t have a large effect on our economy, its destruction could influence data for months to come.
A Shaky Start to September
Monday 10th September, 2018
Domestic markets fell last week due to negative trade news and declining tech stocks, with the S&P 500 and Dow both breaking their multi-week winning streaks. Meanwhile, the NASDAQ posted losses for 4 days in a row for the first time since April and experienced its worst September start since 2008. Overall, the S&P 500 lost 1.03%, the Dow dropped 0.19%, and the NASDAQ gave back 2.55% for the week. International stocks in the MSCI EAFE also declined, losing 2.89%.
Markets Up Again
Tuesday 4th September, 2018
Trade continued to dominate the news last week and cause market volatility as investors monitored discussions of the North American Free Trade Agreement (NAFTA) and tension with China. While Mexico and the U.S. reached a new trade deal early in the week, talks with Canada stalled on Friday, August 31. Reports also came out that President Trump may be adding tariffs on another $200 billion in Chinese goods.
The Bull Market Continues
Monday 27th August, 2018
Last week marked a noteworthy milestone in our economy: On Wednesday, August 22, the bull market entered its 3,453rd day, the longest such run in U.S. history. In the past 9 plus years, domestic indexes have come quite a way since the dark days of the financial crisis. The S&P 500 is now more than 4 times the level that it was when the bull market began on March 9, 2009
Trade & Turkey Drive Markets
Monday 20th August, 2018
Challenges in emerging markets affected both U.S. and global stock performance last week, with the S&P 500 experiencing several down days.1 By market close on Friday, however, two of the three major domestics posted gains for the week. The S&P 500 added 0.59%, the Dow increased 1.41%, and the NASDAQ lost 0.29%.2 Meanwhile, the MSCI EAFE international stocks slipped 1.18%.
Mixed Results as Turkey Stumbles
Monday 13th August, 2018
Stocks ended the week in mixed territory as trouble with Turkey’s currency affected U.S. equity performance on Friday, August 10.1 For the week, the S&P lost 0.25%, the Dow declined 0.59%, and the NASDAQ increased 0.35%.2 International stocks in the MSCI EAFE stumbled, giving back 1.57%.3
Stocks Up as Data Comes In
Monday 6th August, 2018
Domestic markets ended last week in positive territory, as the S&P gained 0.76%, the Dow was up 0.05%, and the NASDAQ increased 0.96%. This performance marked the 5th week in a row that the S&P 500 and Dow posted gains. Meanwhile, international stocks in the MSCI EAFE stumbled, losing 1.47% for the week.
Examining Economic Growth
Monday 30th July, 2018
Markets experienced a push-and-pull last week between data indicating strong economic growth and lagging performance from several tech stocks’ earnings reports. Domestic indexes had mixed results, as the S&P 500 gained 0.61%, the Dow was up 1.57%, and the NASDAQ dropped 1.06%. International stocks in the MSCI EAFE had more of an uptick, gaining 1.32% for the week.
Earnings Season Continues
Monday 23rd July, 2018
On Friday, July 20, stocks lost a small amount of ground after President Trump escalated his threats of increasing tariffs on China. However, strong quarterly earnings reports from several large companies helped provide balance in the markets. For the week, domestic indexes experienced little movement, as the S&P gained 0.02%, the Dow was up 0.15%, and the NASDAQ dropped 0.07%. International stocks in the MSCI EAFE had slightly more change, with a 0.63% gain.
Jobs Push Stocks Up
Monday 9th July, 2018
Domestic stocks only traded for 4 days last week, due to the Independence Day holiday. In that time, all 3 major domestic indexes posted positive results for the week. The S&P 500 added 1.52%, the Dow gained 0.76%, and the NASDAQ increased 2.37%. International stocks in the MSCI EAFE were up as well by 0.56%.
Trade & Tariffs Rattle Markets
Monday 2nd July, 2018
International trade concerns continue to create uncertainty in markets around the world. Despite the markets’ slight rises on Friday, June 29, they recorded losses for the week. The S&P 500 fell 1.33%, the Dow gave back 1.26%, and the NASDAQ dropped 2.37%. Internationally, the MSCI EAFE declined 1.10%
Cadent Summer 2018 Newsletter
Monday 25th June, 2018
Summer is here! This season provides us with time for family, relaxing, and enjoying the outdoors.
We are pleased to share our 2018 Summer Perspectives newsletter. This issue includes articles about preparing for summer storms, hosting the perfect BBQ, and lifestyles of the dual resident. We hope you will enjoy this issue and will share with friends too!
Time to Spring Clean Your Accounts
Monday 30th April, 2018
Springtime often requires some financial spring cleaning. This is the best time to ensure your accounts are up to date and secure. Included are some tips to keep your finances safe and sound.
Maintain Your Standard of Living in Retirement
Monday 9th April, 2018
Saving for retirement to sustain your standard of living is a continual effort to prevent your quality of life from declining in later years. Unfortunately, for many retirees, this goal can be difficult to achieve. Even with planning, 52% of working-age households may not be able to sustain their lifestyles in retirement.1 You can take steps today so that you can pursue life on your terms, no matter what retirement lifestyle you choose.
Special Update: Understanding Volatility
Monday 12th February, 2018
After months of relative calm, market fluctuations are causing many investors to wonder what is happening to the economy. Last week, the S&P 500 lost 5.16%, the Dow dropped 5.21%, and the NASDAQ declined 5.06%. The MSCI EAFE also gave back 6.19%. These losses pushed all four indexes into negative territory for the year. In addition, the weekly performance included significant volatility, as stocks had large fluctuations both within days and from one day to the next. The Dow, for example, lost over 1000 points twice during the week—and also twice gained over 300 points.
Cadent Winter Newsletter
Thursday 21st December, 2017
This issue includes guidance on safeguarding your credit, setting your 2018 Financial Resolutions and sticking to these goals, plus thoughts for warm and cold vacation destinations. We hope you will enjoy this issue and share with friends too
Cadent Fall 2017 Newsletter
Monday 9th October, 2017
We are pleased to share the Fall 2017 Cadent Newsletter with you.
This issue covers a myriad of topics relevant to many of us and our families – financing retirement, money stresses and eating healthy using fresh foods! Plus this issue is complete with an outline about how to winterize your home for the impending colder weather.
Cadent Summer 2017 Newsletter
Monday 26th June, 2017
Cadent Spring 2017 Newsletter
Monday 20th March, 2017
Cadent Winter 2016-17 Newsletter
Friday 16th December, 2016
This issue of On Wealth, includes guidance on retirement savings no matter your age, winter weather travel, and the aspects to consider when there is a caregiver in the family.