Stocks Rose 4.7% This Past Week, Amid A Bear Market

Stocks Rose 4.7% This Past Week, Amid A Bear Market

Stocks rose sharply Friday and for the week. Stock values have come down since Russia invaded Ukraine, and the price of the Standard & Poor’s 500 is now in line with its long-term compound annual growth rate of 7%. This indicates stocks are not overpriced like they were in the tech-stock bubble, which began in 1997 and peaked in 1999 and 2000 when the S&P 500 was out of line with the average annual 7% long-term growth trend.

A Key Signal Of Strength At A Pivotal Moment In Economic History

A Key Signal Of Strength At A Pivotal Moment In Economic History

It is a pivotal moment in economic history. The dust is settling from the economic shock caused by the Covid-19 pandemic. Meanwhile, the post-pandemic inflation crisis and Russia-Ukraine War linger on, creating stock market uncertainty, fueling fears of an economic downturn, and, in some quarters, of a worldwide financial disaster. So, the latest data on the service sector of the U.S. economy is indeed reassuring.

Managing Your Wealth

Financial services giants make financial planning and wealth management sound very simple in slick TV ads, but it’s not.  Managing wealth requires knowing a lot about technical highly topics, like math, taxes and finance as well as history, psychology and how to communicate with loved ones about sensitive issues. This article highlights many of the topics of knowledge needed to manage wealth and why it’s so daunting without the help of an independent personal financial advisor.