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Weekly Market Insights: Fallout From Powell Comments Continues
Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower.The Dow Jones Industrial Average dropped 4.00%, while the Standard &...
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Weekly Market Insights: White Hot Inflation Report Alarms Investors
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.The Dow Jones Industrial Average fell...
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Weekly Market Insights: Markets Upbeat, Despite Gloomy Inflation Talk
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%. The...
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Weekly Market Insights: Markets Sag, Job Numbers Soar
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.The Dow Jones Industrial...
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Weekly Market Insights: Powell comments spur sell-off on Wall Street
A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week.The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor's 500 dropped 4.04%. The Nasdaq Composite...
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Weekly Market Insights: Markets Rally; Earnings Better Than Expected
Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings.The Dow Jones Industrial Average increased 2.97%, while the Standard & Poor’s 500...
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Weekly Market Insights: Markets React to Dim Forecast, 2Q Reports
Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season.The Dow Jones Industrial Average gained 1.95%, while the Standard & Poor’s 500 added 2.55%. The...
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Weekly Market Insights: Friday Rally Stems Week of Losses
A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though losses were pared by a Friday rally.The Dow Jones Industrial Average slipped 0.16%, while the Standard...
Read MoreOn The Road Again
A number of years ago I set out to visit all 50 states and all 59 of our national parks. I'm at 41 states and 38 of the now 63 national parks. I love the adventure, the exploration, the hiking, the views that our country offers. Words...
Read More8 Items for Your Emergency Plan
An emergency fund is not an emergency plan. Are you prepared to weather the storm of a real emergency where you are at home and off the power grid for a week or longer?
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What is Risk? Part 3
Knowing what risk is doesn't eliminate it. Planning, insurance, strategy and other tactics are necessary.
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What is Risk? Part 2
Entering into retirement can be both exhilarating and frightening. It is the day you have looking forward to for years, yet there is this nagging thought in your brain asking, “Will I be okay?” And it is the right question...
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What is Risk? Part 1
No investment or financial plan is complete without undertaking a plan to mitigate risk. But do we really know what risk is? Risk can be defined as the chance or likelihood of not achieving the desired outcome. Unfortunately risk is...
Read MoreInvestment Planning or Financial Planning?
If you fell asleep on February 18th of this year and woke up the afternoon of March 23, noticing the S&P 500 was down about 37% during those 5 weeks, there's really only one word to describe your feelings: SHOCK. Given a few minutes to...
Read MoreAre We Out of the Woods Yet?
Are we out of the woods yet? This is the question on the minds of many. Have we flattened the curve? Did we do enough to prevent an outbreak that could devastate our health care system? Are the medical treatments effective? Will there...
Read MoreAre Roth Conversions the Lemonade to the Stock Market's Lemons?
Are Roth IRA Conversions the Lemonade of this Stock Market Lemon? By: Darren Violette ChFC, CLU, RICP, ChSNC Are there planning opportunities that should be addressed during this market downturn? Yes! Consider Roth IRA conversions....
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PFP Announcement - Don Gottfried, CLU®, CLTC Joins PFP
PFP is pleased to announce that Don Gottfried has joined Profectus Financial Partners. Don bring tremendous experience, insight, perspective and passion to the PFP team and will serve as a Financial Coach for PFP clients. Don enjoys...
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PFP Announcement - Steve Misdea Joins PFP
PFP is pleased to announce that Steve Misdea, a medical markets specialist and industry veteran has joined the firm. Steve is both well known and well respected as a financial professional who specializes in advising/serving the...
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PFP Announcement - PFP Enhances Ability to Serve the Special Needs Community
Darren M. Violette, ChFC®, CLU®, RICP® of Profectus Financial Partners Earns Chartered Special Needs Consultant Designation® Darren Violette, a Principal of Profectus Financial Partners, has passed the rigorous American...
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