Money Talks – December 5, 2015

This week on “Money Talks,” Bil Lako, CFP®, Matt Hames, CTFA, and Troy Harmon, CFA, CVA, discuss the economy and interest rates, the ISM Manufacturing and Nonmanufacturing indices, productivity and costs, and jobless claims. Our experts also discuss a case study focusing on a couple who have been disciplined savers and have plenty of money. However, they live a conservative lifestyle so their Social Security benefits pay for most of their living expenses. The hosts discuss how a Social Security income stream should be incorporated into a Ten Year Rule investment strategy. Bil, Matt and Troy also address listeners’ questions on Hydrogenics Corp., pharmaceutical companies Celgene Corp. and Lannett Company, and the lack of Social Security cost of living increases.

Market Roundup: Late Rally Pushes Markets into Weekly Gain

Indices were down on Monday but closed out the month of November with gains. Energy and Utilities stocks posted gains, while Healthcare and Consumer Staples weighed on the market. Indices moved into positive territory on Tuesday amid a variety of economic news. The ISM Manufacturing Index fell from 50.1 to 48.6. Both new orders and production dropped below 50. The markets volleyed back to the negative side midweek as a result of a dip in crude oil prices and other economic news. Crude oil fell below the $40 level for the first time in three months. Prices slipped following news that domestic reserves increased for the tenth straight week. On another note, comments from the Federal Reserve’s “Beige Book” report, which covered activity from October through mid-November, showed a modest to moderate rate of expansion in most districts. Stocks traded well into the red on Thursday, despite crude oil’s gain of 2.9% for the day. Friday’s news that November nonfarm payrolls came in 5.5% higher than consensus estimates, drove the market to its biggest gain since early September. The news may have also opened the way for the Federal Reserve to consider raising interest rates later this month.

Money Talks – November 21, 2015

This week on “Money Talks,” Principal Bil Lako, CFP® joins Research Analysts Troy Harmon, CFA, CVA and Nick Antonucci to discuss the market’s reaction to the November 13th attacks on Paris. They discuss how this may affect interest rates and the strength of the U.S. dollar going forward. The experts also discuss how the third-quarter earnings season is wrapping up, as well as inflation indicators, the Producer Price and Consumer Price indices. The hosts also discuss a case about an investor who is confused by the investment advice he’s been given from another adviser. They demystify several terms of financial jargon that every investor should know. A listener’s question on hometown companies Delta and Home Depot is also answered.

Market Roundup: Markets Have a Strong Week Ahead of the Holiday

The markets started the week on a positive trajectory with gains in both the Energy and Utilities sectors. Trading ended mixed on Tuesday. The Energy sector weighed on the markets as a result of a downswing in crude oil. The Consumer Price Index ticked up by 0.2%. Industrial production decreased by 0.2% in October, while manufacturing output, however, increased by 0.4%. Mid-week, investors reacted favorably to minutes from the latest Federal Open Market Committee meeting. Comments from the October meeting indicated the majority of members supported a rate hike in December, although no decision had been made, and any move continues to be data dependent. The markets pulled back on Thursday with Healthcare stocks trading lower while Technology stocks traded higher. Labor Department data showed initial jobless claims decreased by 5,000 to 271,000 last week. On Friday, the markets were buoyed by news of stronger-than-anticipated sales from retailers. The weekly results ended strong ahead of the Thanksgiving holiday and the beginning of the holiday shopping season.

Money Talks – November 14, 2015

This week on “Money Talks,” Troy Harmon, CFA, CVA, is joined by Research Analyst Nick Antonucci and Senior Associate K.C. Smith, CFP®, to discuss the week’s market movements, including the Employment Situation released last Friday, the MBA Mortgage Applications Survey and the Job Openings and labor Turnover Survey. They also examine a case study of a couple looking to finance a home renovation and the borrowing options available to them. The experts also answer listeners’ questions on Jack in the Box, Panera Bread, CEVA Inc., Fitbit Inc., and the changes to Social Security’s file and suspend rule.