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Weekly Economic Update: September 13th, 2021

September 13, 2021 | Comments Off on 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…

Weekly Economic Update: September 6th, 2021

September 7, 2021 | Comments Off on 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…

Weekly Economic Update: August 30th, 2021

August 30, 2021 | Comments Off on Weekly Economic Update: August 30th, 2021

Presented by Nicholas Wealth Management August 30th , 2021   Weekly Market Update In this week’s recap: Federal Reserve says tapering likely in 2021, but no interest rate hikes for now. The stock market powered to record levels last week amid talk of Fed tapering and a deceleration in new Delta variant cases. The Dow Jones…

Weekly Economic Update: August 23rd, 2021

August 23, 2021 | Comments Off on Weekly Economic Update: August 23rd, 2021

Presented by Nicholas Wealth Management August 23rd , 2021   Weekly Market Update In this week’s recap: A Fed taper may loom; economic data mixed. Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones…

Weekly Economic Update: Passage of Infrastructure Bill in Senate Boosts Markets

August 16, 2021 | Comments Off on Weekly Economic Update: Passage of Infrastructure Bill in Senate Boosts Markets

Presented by Nicholas Wealth Management August 16th , 2021   Weekly Market Update In this week’s recap: Passage of infrastructure bill in Senate boosts DJIA and S&P; Nasdaq stays flat. Looking past inflation figures and Delta variant trends, stocks last week found a way to climb higher and set fresh record highs in the process.…

Weekly Economic Update: Stocks Rise on Strong Jobs

August 12, 2021 | Comments Off on Weekly Economic Update: Stocks Rise on Strong Jobs

Presented by Nicholas Wealth Management August 11th , 2021   Weekly Market Update In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate…

Be Part of the 4% When it Comes to Social Security

August 9, 2021 |

According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household.[1] There are many things to consider when choosing how to claim your benefit, and there’s no one-size-fits-all formula for maximizing it. Consider your unique situation and read these tips…

Don’t Forget About These Big Retirement Expenses

August 9, 2021 |

The rule of thumb says you’ll need about 80% of your pre-retirement income in retirement, but everyone is different. Many retirees want to upgrade their lifestyle in retirement or maintain their current lifestyle. In fact, a recent study shows that about one in three retirees actually spent more than they expected they would when they…

Weekly Economic Update: Delta Concerns and Lower GDP

August 2, 2021 | Comments Off on Weekly Economic Update: Delta Concerns and Lower GDP

Presented by Nicholas Wealth Management August 2nd , 2021 Weekly Market Update In this week’s recap: Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP. The Week on Wall Street The stock market posted small losses last week despite a very strong showing by corporate…

Weekly Economic Update: Markets Overcome Reaction to Latest Delta News

July 26, 2021 | Comments Off on 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…

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