Market Commentary, January 27, 2025
Housing’s Worst Year in Nearly 30 Years It is not much of a stretch to say that home sales are in the basement. In 2024, the annual number of existing homes sold fell slightly to 4.06 million, the lowest since…
Housing’s Worst Year in Nearly 30 Years It is not much of a stretch to say that home sales are in the basement. In 2024, the annual number of existing homes sold fell slightly to 4.06 million, the lowest since…
Despair to Jubilation and Beyond It’s prudent to cautiously eye rapid changes in market sentiment caused by short-term traders. A week ago, our summary focused on a strong jobs report, rising bond yields, and general concerns about inflation. There was…
A Wall Street vs Main Street Jobs Report On Friday, the U.S. Bureau of Labor Statistics reported that nonfarm payrolls grew by 256,000 in December, easily surpassing analyst expectations of a more modest increase of 155,000 (Wall Street Journal). The…
Best Two Years in a Quarter-Century In late 2022, a new bull market emerged from the ashes of a nine-month bear market, leading to 2023’s impressive rise of over 26% for the closely followed S&P 500 Index, according to S&P…
Your retirement plan may arguably be one of the most important plans you have in your lifetime, which is why you should feel confident about it. Have you gone through a retirement planning checklist to make sure you are on…