Tag Archives: Rich Hennion
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Last Week’s Market in Review: Debt Ceiling Debate Nearing Finish Line
05-30-2023Most investors spent the past week continuing to closely follow the negotiations on Capitol Hill concerning the National Debt Ceiling. While the debt ceiling debate occupied most of the headlines during the week, there were other important economic data reported throughout the week as well, including the minutes from the April FOMC meeting, the first revision of first-quarter gross domestic product (GDP), and the personal consumption expenditures price index (PCE) for April ... Read More
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Debt Ceiling Deadlines, Defaults, and Downgrades
05-22-2023Over the past decade, Congress has negotiated the debt ceiling, and in the process come close to its deadline to act, on seven occasions ... Read More
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Last Week’s Market in Review: Debt Ceiling Can’t Hold Down Markets
05-22-2023For weeks the market has been overwhelmingly concerned with the U.S. debt ceiling, and rightfully so. A failure to raise the ceiling promptly would result in the U.S. Treasury being unable to meet its obligations on time and default on its debt ... Read More
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Last Week’s Market in Review: What Comes After the 10th Fed Rate Hike?
05-15-2023In the week following the Federal Open Market Committee's (FOMC) tenth consecutive interest rate hike, market participants were interested in several economic reports that were used to gauge the effect that higher interest rates were having on the overall economy's performance ... Read More
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You’re Maxing Out Your 401(k). Should You Invest After-Tax in an IRA?
05-11-2023If you're maxing out your 401(k) plan, you may want to consider investing after-tax in an IRA account. This way it can still grow tax-free ... Read More
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Last Week’s Market in Review:Taking a Hike with the Fed
05-08-2023Let's go on a hike – pun intended. As we begin our journey, we know there may be some difficulty. The path ahead is unknown, but we know that the only way we can achieve our goal is to hike up to the top of the mountain ... Read More
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How Do You Create Lasting Wealth?
05-04-2023To create lasting wealth, what do you need to think about? We break down some of the things to think about on the journey to lasting wealth ... Read More
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Last Week’s Market in Review: Q1 GDP and Earnings Suggest a Potential Soft Landing
05-01-2023During the past week, market participants were focused on the release of the First Quarter 2023 Gross Domestic Product (GDP) release on Thursday and the ongoing reporting of first quarter corporate earnings. Like all data throughout this year, this data is then factored into trying to predict the next potential policy moves from the Federal Reserve. We will remind readers that the FOMC will announce the results of its policy meeting this upcoming Wednesday, May 3rd ... Read More
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