Q&A Time: Counter-Party Risk, Side Hustles and Individual Stocks

The “Money Talks” experts answer listeners’ questions on counter-party risk in some exchange-traded funds and how a side hustle may affect your income taxes. They also provide their opinions on sales tax holidays and whether or not the Technology sector is in a bubble. The hosts also address questions on individual stocks including Universal Corp. Service Corp. International, PVH and Ralph Lauren.

Money Talks – July 22, 2017

This week on “Money Talks,” Senior Associate Jarrett McKenzie, CFP®, CWS®, joins Bil Lako, CFP®, and Troy Harmon, CFA, CVA, to discuss the market’s recent moves, a review of earnings season and how the sectors are performing. Jarrett brings to the table a conversation about the types of retirement plans that can be appropriate for small businesses. The hosts also address listeners’ questions on tech stocks, Weight Watchers and whether one should invest or pay down a mortgage. 

Market Roundup: Favorable Earnings Boost S&P to New Highs

The financial markets closed Monday mixed with the Dow Jones Industrial Average and S&P 500 Index ending fractionally down while the NASDAQ added slight gains. Indices experienced mixed moves again on Tuesday with the S&P 500 and NASDAQ trading to new record highs while the Dow shed some points. New record highs were reached again on Wednesday as merger talks boosted several stocks. In economic news, housing starts jumped up in June, with new construction rising to a rate of 1.22 million annualized units, exceeding analysts’ expectations of 1.16 million annualized units. This is also up from a revised rate of 1.12 million annualized units in May. Crude oil prices increased after Energy Information Administration data showed oil reserves fell by 4.7 million barrels in the past week, versus forecasts for a decline of 3.2 million. The indices were back to trading with mixed moves on Thursday. The Dow and S&P 500 shed some points while the NASDAQ hit another record high. Despite the mixed week and record highs, Friday’s trading session ended in red territory. Year-to-date, the tech-heavy NASDAQ leads the way as it surges toward a 20.0% gain, followed by the S&P 500 and then the Dow. Low inflation may be influencing investors to move away from Treasuries, as yields fell sharply last week.

Money Talks – July 15, 2017

This week on “Money Talks,” Roger Tutterow, Ph.D., Kennesaw State University professor of Economics and Henssler’s Chief Economic Adviser, joins Bil Lako, CFP®, and Troy Harmon, CFA, CVA to discuss U.S. employment, Wholesale Trade and the Producer Price Index. Roger also leads a discussion on the economy including the Fed’s decision to reduce their balance sheet, long-term interest rates, housing and how the unwinding of quantitative easing may affect the global economy.

Market Roundup: Both the Dow and S&P 500 Reach Record Highs

While the Large-Cap indices reached new highs during the week, the tech-heavy NASDAQ had the best week, climbing more than 2.50%. The major indices closed with mixed moves on Monday, as the Dow Jones Industrial Average ended fractionally in the red zone, and the S&P 500 Index and NASDAQ posted gains. Technology sector stocks led the rally. The markets experienced mixed moves on Tuesday with the Dow and NASDAQ closing higher while the S&P 500 ended slightly down. Crude oil climbed 1.4% to settle at $45.04 a barrel after the Energy Information Administration cut its price forecasts over the next two years. Midweek, Federal Reserve Chairwoman Janet Yellen addressed a slowdown in inflation, which resulted in a rally in both stocks and bonds. The rally continued Thursday with the Dow closing at a new record level. Retail store stocks jumped up on optimistic earnings from several well-known brands, despite reports that retail sales fell 0.2% in June, indicating consumers have apparently curtailed their spending. On another note, the Department of Labor reported that initial jobless claims fell by 3,000 to 247,000 for the week ending July 7. The Dow traded up, setting another new record level on Friday. In earnings moves, several large bank stocks reported stronger-than-anticipated quarterly results. Finally, in a preliminary reading from the University of Michigan, the Consumer Sentiment index dipped to 93.1 for July from 95.1 in June.

Money Talks – July 8, 2017

This week on “Money Talks,” Troy Harmon, CFA, CVA, is joined by Managing Associate K.C. Smith, CFP®, and Senior Associate, Jarrett McKenzie, CFP®, CWS®, to discuss the week’s market moves, year-to-date sector performance, Consumer Sentiment, Factory Orders, minutes from the last Federal Open Market Committee meeting, and the ISM Non-manufacturing Index. Jarrett and K.C. bring a discussion to the table about mid-year financial reviews, and how investors can benefit from a financial checkup this summer. The experts also address listeners’ questions on Expedia, Mueller Industries, Hillenbrand Inc., and provide some financial advice for a young man entering the work force.