Archive for May 2021
Baseball’s $300 Million Players
Provided by Nicholas Wealth Management May 24, 2021 Even ballplayers prepare for the future. The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked outfielder Mookie Betts to a 12-year, $365 million deal. That brings the total to 8 baseball players…
Read MoreBuffett and Powell Talk Inflation
Provided by Nicholas Wealth Management May 24, 2021 The Oracle of Omaha and the Fed Chair seem to be at odds. What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,” investor Warren Buffett.…
Read MoreWeekly Economic Update: Consumer Prices Spike While Stocks Take a Step in the Other Direction
Presented by Nicholas Wealth Management May 17th , 2021 Weekly Market Update In this week’s recap: As consumer prices take a big step up, stocks take a step in the other direction. The Week on Wall Street A surge in consumer inflation unsettled investors, leading to a turbulent week of trading on Wall Street. The…
Read MoreWeekly Economic Update: Mixed Market Results
Presented by Nicholas Wealth Management May 10th , 2021 Weekly Market Update In this week’s recap: Mixed market results as labor numbers cope with uncertainty. The Week on Wall Street Stocks closed mixed last week as signs of continued economic recovery and upbeat earnings helped some sectors while the struggles persisted for high-growth companies. The…
Read MoreWeekly Economic Update: Stocks Struggle While Corporations have Positive Earnings
Presented by Nicholas Wealth Management May 3rd , 2021 Weekly Market Update In this week’s recap: Stocks struggle to find their way amid several noteworthy earnings reports from corporations. The Week on Wall Street Stocks meandered around a flatline in a busy week of corporate earnings, ending the trading week slightly lower. The Dow Jones…
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