Weekly Economic Update: May 31st, 2022

Presented by Nicholas Wealth Management May 31st, 2022   Weekly Market Update In this week’s recap: Confidence in Fed helps spark a market rally. Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while…

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Weekly Economic Update: May 24th, 2022

Presented by Nicholas Wealth Management May 24th, 2022   Weekly Market Update In this week’s recap: Recession concerns rising. Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower. The Dow Jones Industrial Average fell 2.90%, while the Standard & Poor’s 500 lost 3.05%. The Nasdaq Composite index dropped 3.82%…

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Weekly Economic Update: May 17th, 2022

Presented by Nicholas Wealth Management May 17th, 2022   Weekly Market Update In this week’s recap: Inflation takes center stage. In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment. The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 lost 2.41%. The Nasdaq…

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Weekly Economic Update: May 10th, 2022

Presented by Nicholas Wealth Management May 10th, 2022   Weekly Market Update In this week’s recap: tighter money policy; market drops. With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard…

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How Market Cycles Can Impact Retirements?

The sequence of returns can play a role in your overall portfolio.   A thoughtful retirement strategy may help you pursue your many retirement goals. That strategy must consider many factors, and here are just a few: your income needs, the order of your withdrawals from taxable and tax-advantaged retirement accounts, the income tax implications…

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Weekly Economic Update: May 2nd, 2022

Presented by Nicholas Wealth Management May 2nd, 2022   Weekly Market Update In this week’s recap: economy slows and stocks retreat. On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April. The Dow Jones Industrial Average declined 2.47%, while the Standard & Poor’s…

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