Weekly Economic Update: September 27th, 2021

Presented by Nicholas Wealth Management September 27th, 2021   Weekly Market Update In this week’s recap: Financial contagion concerns and a positive word from the Fed bookend a wild week. Stocks prices were whipsawed last week, dragged initially lower by financial contagion worries and later lifted by a supportive Fed policy statement. The Dow Jones…

Read More

Could Custodial IRAs Help Young Adults Buy Homes?

Presented by Nicholas Wealth Management September 20th, 2021   Some parents and grandparents have that possibility in mind. Absolutely. Is that their only purpose? Not necessarily. This would obviously be a tall order for an adult, given current home values, yearly IRA contribution limits, and the priority of amassing retirement savings. How about for a…

Read More

Weekly Economic Update: September 20th, 2021

Presented by Nicholas Wealth Management September 20th , 2021   Weekly Market Update In this week’s recap: Despite signs of a good economy, stocks have a lackluster week. Stocks weakened ahead of this week’s Federal Reserve meeting and amid persistent concerns about the Delta variant’s impact on the economy. The Dow Jones Industrial Average was…

Read More

Weekly Economic Update: September 13th, 2021

Presented by Nicholas Wealth Management September 13th , 2021   Weekly Market Update In this week’s recap: Delta variant continues to concern the markets; labor market shows positive signs. In a quiet week of news, stocks moved lower amid simmering concerns over the Delta variant’s effect on the progress of economic reopening. The Dow Jones…

Read More

Weekly Economic Update: September 6th, 2021

Presented by Nicholas Wealth Management September 6th , 2021   Weekly Market Update In this week’s recap: Stocks mixed as U.S. copes with economic data and Delta variant. Stocks were mixed last week amid conflicting economic data and continued spread of Delta variant infections. The Dow Jones Industrial Average slipped 0.24% during the five trading…

Read More