Financial News for the Week of June 9th, 2023

June 9, 2023financial advisor,Moultonborough NH,financial news,Economic News,Housing Market,Employment,Spending,ria,Finance,Cornelius NC,investment advisor,Naples FL,Financial Planner,Jobs,Inflation,RIA Cornelius NC,Job MarketFinancial News

Financial News Highlights The ISM Services index surprised on the downside, falling 1.6 points to 50.3 in May. The employment sub-index drifted below the 50-point contractionary threshold for the first time since…

by Connor Hare

Financial News for the Week of June 2nd, 2023

June 2, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights Congress passes a deal to suspend the debt limit, averting the “worst case scenario” of a default. Today’s Nonfarm Payrolls Report featured a big jobs gain (+339k) and a pop in the…

by Connor Hare

Financial News for the Week of May 26th, 2023

May 26, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights Negotiators appeared close to a deal to raise the debt ceiling and set spending levels. However, the deal does not address Washington’s medium-term fiscal challenges, which were part of the…

by Connor Hare

Financial News for the Week of May 19th, 2023

May 19, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights Financial markets remained eerily positive this week, despite the debt ceiling X-date looming with no bipartisan deal in sight. Retail sales data for April showed the continued resilience of the…

by Connor Hare

Financial News for the Week of May 12th, 2023

May 12, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights Inflation eased modestly in April, with headline and core CPI both ticking down by 0.1 percentage points to 4.9% and 5.5% year-on-year respectively. The…

by Connor Hare

Featured Article: In Retirement, We Have More Time Than Ever. But We Want to Use It Wisely.

May 10, 2023featured article,Winter Destination,Moultonborough NH,Travel,Lifestyle,Working with a financial advisor,Winter Wonderland,Cornelius NC,Snow,Naples FL,European Vacation,Fun Things For RetireesRetirement & Estate Planning

In Retirement, We Have More Time Than Ever. But We Want to Use It Wisely. We have fantasized about this moment for decades. The trick is learning how to savor it. By Stephen Kreider Yoder and Karen Kreider Yoder May 4, 2023 11:00 am ET……

by Connor Hare

Financial News for the Week of May 5th, 2023

May 5, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights The Federal Reserve hiked the policy rate 25 basis points this week, lifting it to a 16-year high of 5.00-5.25%. Changes in FOMC statement hinted at the potential for a pause, though Chair…

by Connor Hare

Financial News for the Week of April 28th, 2023

April 28, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights U.S. real GDP growth slowed to 1.1% quarter-over-quarter (q/q) annualized in 2023 Q1, from 2.6% q/q in the previous quarter. A measure of underlying domestic demand accelerated to 2.9% q/q,…

by Connor Hare

Financial News for the Week of April 21st, 2023

April 26, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights China’s economy saw solid growth in the first quarter, with a strong rebound in consumption and exports after lockdowns were lifted at the end of last year. U.S. existing home sales fell by…

by Connor Hare

Financial News for the Week of April 14th, 2023

April 14, 2023financial advisor,Finance,Moultonborough NH,financial news,Economic News,Housing Market,Jobs,Spending,ria,RIA Cornelius NC,Cornelius NC,investment advisor,Rate Hike,Naples FL,Financial Planner,Fed Rates,Inflation,Employment,Job MarketFinancial News

Financial News Highlights Headline inflation rose 0.1% m/m in March, while core rose by a strong 0.4% m/m. The 12-month change on headline slipped to a near two-year low of 5%, while core ticked higher to a still…

by Connor Hare