Quarter-end Report September-2024
As your statistical report will likely show, this has been a nice quarter, a nice year and a nice twelve months for most clients. While technology company shares took a breather and went into a consolidation phase, a broader cohort of equities saw renewed interest and resulted in an overall positive performance of both domestically focused and international mutual funds. [...]
Correction for Chip related companies is Underway
The inevitable correction in technology was due and wild suggestions by politicians is the supposed excuse. I believe the secular growth of AI related tech stocks is unstoppable, and that while this correction may be uncomfortable for a few weeks, we are likely to find a positive resolution before year end. 7/18/24 - The Guardian: "Nasdaq losses deepen amid market [...]
June 2024 Quarter End Report
As the chart below shows, this has been a good year, so far, for the broad Standard & Poor’s U.S. stock index. Driving this performance has been a handful of powerful technology issues. Absent these companies, the index’s rise would have been OK but nothing to get excited about. Fortunately, most clients owned the technology darlings, like Nvidia, Microsoft and [...]
Gen-X and Retirement
Trusted Financial has been helping people plan for retirement for decades, from the World War II generation to today. Perhaps you may want to give us a call? "As retirement looms, many Gen Xers are still playing catch-up (cnbc.com)"
March 2024 Quarter End Report
The past three months saw a continuation of a tech stock driven market rally, and as non-tech stocks also began to rally, confirmed that a sustainable bull market is in motion. The Standard & Poor’s 500 Index is up 10.16% so far this year and up 29.71% over the past 12 months. U.S. interest rates, based on the 10 Year [...]
Year End Summary 2023
The major US and world stock indices had a volatile year in 2023, influenced by various factors such as the banking crisis, Federal Reserve Board policy, inflation, and geopolitical tensions. Here is a brief summary of their performance: The capitalization weighted S&P 500 gained 24.2%, driven primarily by a handful of technology companies that came to be known as the [...]