by Mark Chandik | Feb 2, 2023
The market had a banner year in 2021, with the S&P 500 Index advancing over 25%, according to data from the St. Louis Federal Reserve. But tailwinds that fueled gains shifted dramatically in 2022; overall it was a tough year for investors. No longer were the...
by Mark Chandik | Jan 30, 2023
Weekly Market Commentary Gross Domestic Product (GDP) is defined by Investopedia as “the total market value of all the finished goods and services… in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard...
by Mark Chandik | Jan 24, 2023
Weekly Market Commentary At the end of last year, Congress passed the SECURE Act 2.0, a follow-up to an overhaul of retirement laws passed just three years ago. The changes make it easier to save for retirement and may stretch out your savings while in retirement....
by Mark Chandik | Jan 17, 2023
Weekly Market Commentary There has been meaningful progress on the inflation front. The annual rate of inflation has slowed, and the ever-visible price of gasoline is well off last year’s high. But as every child has asked on a long road trip, “Are we there yet?” In...
by Mark Chandik | Jan 9, 2023
Weekly Market Commentary The U.S. Bureau of Labor Statistics reported another respectable employment number on Friday, illustrating that modest economic growth and a still-high number of job openings are boosting payrolls. But it was a smaller-than-forecast rise in...