Q&A Time: Michaels, International Funds and 529 Plans

The “Money Talks” show hosts answer listeners’ questions on arts and crafts store Michaels, investing in international mutual funds, and inheriting 529 plans with more money than anticipated school costs. This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The…

Market Roundup: New Record Highs Reached by Dow and S&P

The major indices started the week closing lower on investors’ concerns about interest rates, despite the previous week’s strong monthly employment report. Healthcare and Technology sectors weighed on the market while the Utilities sector showed relative strength. Market moves were mixed Tuesday ahead of Federal Reserve Chairman Jerome Powell’s testimony before Congress, with the Dow…

Money Talks – July 13, 2019

This week on “Money Talks,” the hosts discuss the week’s market action including sector performance and interest rates. The experts also delve into the trend of “elder orphans,” seniors who have no close relatives or children to care for them in their final years. The show hosts also answer listeners’ questions on arts and crafts store Michaels, international mutual funds, and inheriting a 529 plan.

New Record Highs

Indices ended the session with gains on Friday, July 12, 2019. The Dow, S&P 500 and Nasdaq closed at all-time record heights. Technology brands including Apple, Microsoft, IBM and Cisco stepped up. In M&A action, industrial equipment maker Hillenbrand agreed to acquire plastics-processing gear manufacturer Milacron Holdings in a deal valued at $2 billion, including…

Market Minute for July 2019

For July, we’re keeping our focus on three main areas: The Fed and their stance on interest rates, earnings season, and trade with China. This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may…