The summer season is now officially underway. And despite robust gains already this year, capital markets are primed and ready for a hot stock summer.
Economic & Market Report: Why Meme Stocks Matter
It seems like a frivolous stock market novelty. Companies like GameStop and AMC Entertainment with their relatively small market caps and even more meager sales in the context of the overall marketplace suddenly found themselves returning to the financial news spotlight.
Economic & Market Report: Cool Runnings
It has been a primary downside risk for financial markets for more than a year now. But after repeatedly coming in hotter than expected in many reports so far in 2024, the latest reading on inflation surprised the markets by coming in cooler than expected on Wednesday.
Economic & Market Report: Breakout
The U.S. stock market got off to a bumpy start in 2024 Q2. No sooner did the calendar flip to April and the S&P 500 descended into a pullback. Over the course of the first fifteen trading days of the new quarter, the S&P 500 retreated by nearly -6%. Knowing that stock market corrections within a broader uptrend last anywhere … Read More
Economic & Market Report: S&P’s Eleven
A passing glance at the U.S. market might make an investor think that it’s all about technology stocks all of the time. But the S&P 500 Index is made up of eleven sectors, all with their unique and individual forces driving their returns.
Economic & Market Report: Bond Market Broadside
The bond market sustained its latest broadside from the U.S. hot economic data warship on Thursday. Not only did the advance reading for 2024 Q1 U.S. GDP come in weaker than expected, but inflation readings also came in hotter than expected.
New Name. Same Team.
US Wealth Management New Haven is now Pursuit Wealth Management. There is no doubt that by now most reading this have heard the exciting news that we have officially rebranded as Pursuit Wealth Management. Everything you know and love about US Wealth New Haven and the team serving you will remain intact, and we are here to assure you that … Read More
Economic & Market Report: How Low Can We Go
The long overdue correction has finally arrived. No sooner did the market peak at 5264 on the last trading day of March than the calendar flipped to the start of the second quarter and the market has been moving sustainably to the downside. Now that the correction is underway, how low can we reasonably expect the market to go? Why … Read More
Navigating Celebrity Finance
In the dynamic world of finance, where digits and market trends dance across our screens, finding moments of intrigue or articles which draw our interest can be a refreshing change of pace. Enter the world of celebrity finance. As someone deeply entrenched in the nuances of wealth management and most recently, tax prep, exploring the financial dynamics of celebrities provides … Read More
Starting Off With A Bang
The year couldn’t have started better for equity investors. Global equities continued the 2023 rally and US markets soared during the first quarter to notch multiple new all-time highs in early 2024. That’s great news for investors’ bottom lines and once again gives hope to many who have felt that they have been getting battered year-over-year between the COVID and … Read More