Markets don’t ruin retirements—emotions often do.
Panic selling, chasing returns, or second-guessing a plan can cost more than a downturn ever will.
A steady hand (and a written plan) can make all the difference.
https://t.co/aJseNNZPRb
If @GMC have the parts for the new trucks they are building why can’t the dealerships get the parts to fix existing customers trucks under warranty? Are new customers more important than existing customers?
@GMC any other 2023 GMC Sierra 2500 At4 owners had their truck in the shop for over two months because of transmission valve body parts on back order? There are more that 5 trucks at my local dealership waiting on the same thing? I’m almost certain this will be a recall item.
@iamnot_elon Check out @FairTaxOfficial
It puts individuals in control of how much tax they pay and repeals the 14th amendment thus removing the need for the IRS. Should be a DOGE top priority!
Are you nearing retirement and feeling unsure about your financial future? At Gaynes Financial Services we understand the importance of planning for a comfortable retirement. Our experts specialize in crafting personalized retirement plans tailored to your unique goals.
A colleague of mine shared a question he gets from clients. This is a common question most advisors get from clients. Listen to his response and let me know your thoughts! Thank you Paul for sharing. https://t.co/M87S7Zci7L
My first is twice in apple but not once in tart. My second is in liver but not in heart. My third is in giant and also in ghost. Whole I'm best when I am roast. What am I?
Stocks Extend Gains
The relationship between the bond and stock markets–which pushed stocks higher in November (i.e., falling bond yields, rising stock prices)–disappeared last week, with stocks falling in the first three days of the week despite declining yields.
Productivity Surges
Higher productivity may be the most effective and preferred way to reduce inflation. Last week’s revised 3rd productivity report saw an upward revision of the annualized productivity growth from the initial report of 4.7% to 5.2%;
https://t.co/R3385nTqq3
A late-week, two-day rally left stocks higher, adding to November’s gains as the last month of trading for 2023 began.
The Dow Jones Industrial Average was flat (+0.01%), while the Standard & Poor’s 500 gained 0.21%. The Nasdaq Composite index advanced 0.69% for the week.
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Falling Yields Lift Stocks
The stock market continued to look toward the bond market for direction, responding positively to bond yields that fell steadily for much of the week. A successful 20-year Treasury notes auction on Monday triggered a decline in bond yields.
Fed Minutes
Minutes from the October 31–November 1 meeting of the Federal Open Market Committee were released last week, providing insight into its decision not to raise rates and its thinking on the future direction of interest rates.
https://t.co/R3385nTqq3
Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week.
The Dow Jones Industrial Average picked up 1.27%, while the Standard & Poor’s 500 gained 1.00%. The Nasdaq Composite index rose 0.89% for the week.