Monday, February 5, 2024

Summary A tumultuous 2023 unfolded with economic challenges, regional bank issues, inflation concerns, and geopolitical tensions. Despite the turmoil, the U.S. stock market defied odds, reaching higher ground. The turning point came...

Monday, January 8, 2024

Q4 2023 Market Review (click here)

Friday, November 10, 2023

Summary More than a month after Hamas attacks in Israel, causing over 1,400 casualties, the fighting has intensified, hinting at a regional humanitarian crisis. Despite the severity, the impact on global critical goods supply is...

Monday, October 9, 2023

Q3 2023 Market Review (click here)

Tuesday, October 3, 2023

Summary September's historical weakness in the stock market continued this year, with significant declines in various asset classes, including U.S. stocks, international stocks, U.S. small-cap stocks, and U.S. investment-grade bonds....

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Monday, August 28, 2023

Summary August is historically a weak month for the stock market, and this year has been no exception. Fitch, a major credit rating agency, downgraded the U.S. debt rating from AAA to AA+ due to concerns about rising debts and deficits...

Wednesday, August 2, 2023

Summary The U.S. economy continues to present conflicting signals from an economic growth standpoint and labor market position. A tug-of-war between the U.S. federal government's spending and the Federal Reserve's tightening financial...

Friday, July 7, 2023

Q2 2023 Market Review (click here)

Tuesday, June 27, 2023

SummaryThe driving force behind recession predictions from economists has been tightening monetary policy.While the service sector, which accounts for a significant portion of GDP, remains robust, the manufacturing side of the economy...

Wednesday, June 7, 2023

SummaryThe U.S. debt ceiling raised concerns as the deadline approached, with potential consequences including missed payments, job losses, and a stock market selloff. Bond yields for shorter-term Treasury bills rose meaningfully to...

Friday, April 28, 2023

SummaryGlobal economic activity remains strong despite geopolitical shocks and policy tightening.The US economy and job market are resilient, but rising unemployment claims and an inverted yield curve are concerning signs. Aggressive...

Thursday, April 6, 2023

Q1 2023 Market Review (click here)

Thursday, March 16, 2023

SummarySome agony was experienced in March due to the anticipation of further rate hikes, leading to the second-largest bank failure in U.S. history and a combined liquidity backstop from the U.S. Treasury Department, Federal...

Monday, February 27, 2023

SECURE Act 2.0 - Summary and ReviewKey TakeawaysSECURE Act 2.0, signed into law Dec. 29, 2022, makes numerous changes that impact retirement savers and retirees.The age to start taking RMDs increases to age 73 in 2023 and to 75 in 2033...

Thursday, February 23, 2023

SummaryThe U.S. CPI report for January showed that inflation had decreased for the seventh consecutive month, but still exceeded expectations, with shelter costs being the primary contributor to the increase.While some data suggests...

Friday, January 27, 2023

Summary2022 will go down in market history as a watershed year. For the first time, both U.S. stocks and bonds fell by double digits as a result of rapidly rising inflation, and many other asset classes failed to alleviate the pain.The...

Friday, January 6, 2023

Q4 2022 Market Review (click here)

Wednesday, December 7, 2022

During November, a slew of economic data was released, but the month began on a soft note as the Fed raised its policy rate by the anticipated 0.75%, marking the fourth consecutive hike of this magnitude.Market tone improved...

Friday, November 4, 2022

September signaled the start of a slow, stunning transformation of green foliage to brilliant reds, oranges, yellows, and purples in many parts of the world. The month of October then brought a fall in leaves that littered the ground...

Monday, October 10, 2022

Q3 2022 Market Review (click here to view)

Friday, September 30, 2022

Consumer prices in the United States rebounded in August, undermining hopes of a brewing slowdown and a policy shift from the Federal Reserve. The consumer price index increased 0.1% from July, while prices rose 8.3% from a year...

Thursday, September 1, 2022

Around this time every year, the chair of the Federal Reserve and central bankers meet in Jackson Hole, Wyoming. The Fed chair typically uses this rustic venue as an opportunity to deliver a particularly important and long-range...

Thursday, August 4, 2022

Inflation took center stage once again, with the consumer price index rising 9.1% from a year earlier for the month of June. This was the largest increase since the end of 1981, and the widely observed inflation gauge increased 1.3%...

Friday, July 8, 2022

Q2 2022 Market Review (click here to view)

Thursday, June 30, 2022

After months of deliberation over whether inflation was temporary and to what extent, the US Federal Reserve has responded in a strong fashion. By raising the federal funds rate by 75 basis points—the largest single increase...

Tuesday, May 24, 2022

Inflation and recessionary worries continue to dominate news flow in May, and Google Trends of these particular words have spiked to notable highs as of late. Additionally, the war in Ukraine has created second-order effects worldwide...

Tuesday, April 19, 2022

Monday, April 11, 2022

Friday, March 4, 2022

Wednesday, January 26, 2022

Thursday, January 6, 2022

Tuesday, November 30, 2021

From 1928 to 2020, November has on average been a favorable month for equity investors. The month of November ranks as the fifth best month for the S&P 500 Index over this time span, with an average monthly percentage price gain of +0...

Tuesday, October 26, 2021

Bill Miller is a renowned investor that outperformed the S&P 500 Index for 15 consecutive years in a row through 2005, an impressive streak that made him one of the better known and well respected investment professionals on Wall...

Monday, October 11, 2021

Q3 2021 Market Review

Tuesday, September 7, 2021

The month of August catered to a whole host of extremely hot and humid days, but the beginning of September is starting to feel like fall is upon us. And then there is climate. It has been a season of tortuous heat waves, wildfires,...

Friday, July 30, 2021

The back half of the year has officially started, and it has been off the races. Spurring forward optimism from the economic recovery, the S&P Index has once again legged higher. The S&P 500 rose +2.3% for the month of July and was up...

Friday, July 9, 2021

Q2 2021 Market Review

Wednesday, May 26, 2021

With the passage of the latest $1.9 trillion COVID relief package in March, changes are in full swing. Vaccination efforts have continued to expand largely across the U.S. and other countries around the world, though blood-clotting...

Friday, April 23, 2021

After returning 5.8% in the first quarter of 2021, the S&P 500 has continued its bull market advance, adding over 5% more in the first two weeks of April alone. The market could very well continue to make new highs on the back of...

Monday, April 12, 2021

Q1 2021 Market Review

Thursday, March 25, 2021

February 19th, 2020 marked a new high for the S&P 500 Index. The U.S. stock market was chugging along nicely, returning just over 5% for the year and the NASDAQ was up just shy of 10%. If we fast forward to March 4th, 2020 the S&P 500...

Tuesday, March 2, 2021

Weather conditions throughout the U.S. for the month of February were quite mixed—lovely in some places, frozen and wretched in others. A similar dynamic has been playing out across various economic sectors. A few key economic...

Monday, February 1, 2021

Various risk assets continued to rally in January on optimism over the vaccine rollout moving forward and prospects for a global recovery in sight. As of January 28, over 26 million Americans have now had a least one shot of a vaccine,...

Thursday, January 7, 2021

Q4 2020 Market Review

Thursday, December 17, 2020

November was a month dominated by news headlines surrounding the U.S. presidential and congressional election campaigns. In the weeks and days leading to November 3rd, share prices fell due to anticipation that Joe Biden would defeat...

Wednesday, October 21, 2020

We are making our way into the homestretch of the 2020 presidential election season. With an ongoing pandemic, social unrest, and two polarizing candidates, the market can certainly be unsettling. At times, the fate of the world seems...

Monday, October 12, 2020

Q3 2020 Market Review

Tuesday, September 15, 2020

Reopened economies around the world are continuing to grapple with resurgent COVID-19 cases in August and September, as governments in various regions were compelled to return to partial shutdowns or various restrictions. However, on a...

Thursday, August 6, 2020

Things Are Looking Shiny Congress is currently working towards a new stimulus package with the goal of increasing the size of millions of Americans’ unemployment paychecks, but in the interim, the extra $600 that has helped keep...

Friday, July 10, 2020

Q2 2020 Market Review

Friday, July 3, 2020

Back In the Spotlight As the first half of the year comes to a close, the economy remains in an uncertain state and the fate of displaced workers is perched on a knife’s edge. The resurgence of COVID-19 has once again taken...

Monday, June 8, 2020

Say It Isn’t So Since hitting lows in mid-March, most stock markets around the world have regained over half of what they lost from their peak in mid-February. This sharp rebound has led many people to wonder why the markets have...

Tuesday, May 5, 2020

A Few Headscratchers The yield on Germany’s 10-year government bond first went negative during the summer of 2016 with Japan’s 10-year government bond soon following suit. It’s as if all logic was thrown out the...

Tuesday, April 28, 2020

The global upheaval has truly been unprecedented. In a short amount of time the world has experienced one of the worst pandemics since the Spanish Flu (102 years ago), the largest economic contraction since the Great Depression, the...

Tuesday, April 14, 2020

A Roth Conversion is a transfer of some of all of money in a tax-deferred IRA into a Roth IRA, which is retirement account into which you contribute after-tax dollars and get tax-free withdrawals. This means tax-free growth, indeed...

Tuesday, March 31, 2020

Q1 2020 Market Review

Sunday, March 1, 2020

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Saturday, February 1, 2020

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Wednesday, January 1, 2020

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Tuesday, December 31, 2019

Q4 2019 Market Review

Sunday, December 1, 2019

Nova R Wealth Market Update: December 2019

Friday, November 1, 2019

Nova R Wealth Market Update: November 2019

Tuesday, October 1, 2019

Nova R Wealth Market Update: October 2019

Monday, September 30, 2019

Q3 2019 Market Review

Sunday, September 1, 2019

Nova R Wealth Market Update: September 2019

Thursday, August 1, 2019

Nova R Wealth Market Update: August 2019