(404) 890-5606Archive for July 2021
Weekly Economic Update: Markets Overcome Reaction to Latest Delta News
Presented by Nicholas Wealth Management July 26th , 2021 Weekly Market Update In this week’s recap: Markets overcome reaction to latest Delta variant news. The Week on Wall Street Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the…
Read MoreWeekly Economic Update: Stocks Retreat as Inflation Advances
Presented by Nicholas Wealth Management July 19th , 2021 Weekly Market Update In this week’s recap: Stocks retreat as inflation advances The Week on Wall Street Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow…
Read MoreWeekly Economic Update: Stocks Edge Higher
Presented by Nicholas Wealth Management July 12th , 2021 Weekly Market Update In this week’s recap: Stocks edge higher in short week. The Week on Wall Street Stocks managed small gains as investors wrestled with concerns over economic growth prospects and a rise in COVID-19 infections. The Dow Jones Industrial Average picked up 0.24%, while…
Read MoreWays to Fund Special Needs Trusts
Provided by Nicholas Wealth Management A look at the different choices & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address…
Read MoreInsurance When You Marry After 40
Provided by Nicholas Wealth Management With people marrying later in life these days, coverage has become even more important. When you marry, you buy life insurance. Right? You buy it out of consideration for your spouse, and also realize that in the event of either your untimely death or your spouse’s untimely death, your household…
Read MoreThe Fed Acknowledges Inflation
Provided by Nicholas Wealth Management As inflation climbs, the Fed reacts. At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%, up from its March projection…
Read MoreThe Cryptocurrency Conundrum
Provided by Nicholas Wealth Management It’s more important than ever to be aware of your risk tolerance. Recently, you may have seen a number of major cryptocurrencies fall thanks to a continuing sell-off that began mid June. In fact, over $250 billion was lost in the crypto market alone.1 It may be tempting to view…
Read MoreEconomic Lessons from Used Car Inflation
Provided by Nicholas Wealth Management July 6th, 2021 Various factors drive used car prices. Inflation is defined as the general upward price movement of goods and services in an economy. The key word is “general.” Inflation tends to be uneven and affects the price of some items more than others. If you’ve been in the…
Read MoreWeekly Economic Update: Employment Reports
Presented by Nicholas Wealth Management July 6th , 2021 Weekly Market Update In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. The Week on Wall Street Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while…
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