Blog
Pause? Fed Hikes, But Leaves Door Ajar for More
With unanimity, the Federal Open Market Committee raised the fed funds rate by 25 basis points in May and signaled that further tightening will depend on various economic factors.As expected, the Federal Open Market Committee (FOMC)...
Read MoreShow All
Schwab Market Perspective: Ups and Downs
Lately it's felt like whenever we approach some degree of clarity on the economic situation, something unexpected occurs—and we're back to the drawing board.Take the past week. The Federal Reserve was firmly on the path to...
Read More
Schwab Market Perspective
The transition between winter and spring is often contradictory. Green shoots push through snowdrifts, while spring-like warm days revert to cold nights. The economy is in a similar transition, as central banks' efforts to chill...
Read More
NestEgg News September 2022
Market Outlook Stocks Rise Stocks fell coming off the Labor Day weekend, dragged down by news that Russia was cutting off natural gas supplies to its European customers. Stocks were also under pressure due to a surprisingly...
Read More
NestEgg News August 2022
Market outlook Not worried by another Fed rate hike and news of a contracting economy, the stock market rallied on the last week of the month on better-than-expected corporate earnings.The...
Read More
NestEgg News July 2022
Market OutlookDuring periods of market turbulence, I take comfort in one of my favorite Warren Buffett quotes:"Don't watch the market closely."The Oracle of Omaha gave this sage advice in 2016, when Brexit, China's economic issues, and...
Read More
NestEgg News April 2022
April Market UpdateWith its 2.8% drop on Friday, the S&P500 (500 largest companies in America) is now down 10.4% for the year.The markets responded to news Federal Bank Chairman Jerome Powell is considering additional interest rate...
Read More
NestEgg News March 2022
March Market UpdateThe yellow shape represents a to scale size of Russia to the global economy. Ukraine is a fraction of Russia’s economy.U.S. stocks are stable today following the Federal banks long-anticipated move to hike...
Read More
NestEgg News February 2022
Russia invasion of UkraineThe long-awaited invasion of Ukraine officially started yesterday. President Putin is determined to overtake Ukraine, so he has access to their Oil reserves and Black Sea shipping channels. In anticipation of...
Read More
NestEgg News January 2022
We experienced additional market volatility this week, in anticipation of the Federal Bank’s announcement on interest rates. For several days the market declined +3%, followed by an end of day rally to bring markets back to even....
Read More
NestEgg News December 2021
Our S&P500 stock market hit an all-time high today with the Dow Jones being close behind. This despite the market’s obsession the past 2 weeks with Omicron-COVID. There are signs our economy could be equally strong in 2022....
Read More
NestEgg News November 2021
The markets experienced additional volatility, as it has periodically over the past 10 days as the world begins to understand the Omicron virus which is emerging from south Africa. The markets are concerned the new variant could...
Read More