by lindapowell | Jan 4, 2017 | Articles, Economic Updates
January 2017 THE MONTH IN BRIEF While the Dow Jones Industrial Average did not top 20,000 in December, it did advance nicely, gaining 3.34%. The Federal Reserve took its interest rate target to 0.50-0.75%, adjusting the federal funds rate for just the second...
by lindapowell | Dec 5, 2016 | Articles, Economic Updates
December 2016 THE MONTH IN BRIEF November was certainly newsworthy, presenting investors with three historic moments. First, Donald Trump won the presidency in a stunning upset that confounded political analysts. Next, the stock market rallied spectacularly after...
by lindapowell | Dec 2, 2016 | Articles, In The News
Why did some sectors rise more than others? Wall Street likes certainty. When startling financial, political, or societal events occur, volatility usually follows, and the major indices may fall. In late October, the Dow Jones Industrial Average went on a multi-day...
