Money Talks – May 30, 2015

This week on “Money Talks”, hosts Matt Hames, CTFA, and Troy Harmon, CFA, CVA, are joined by Nick Antonucci and K.C. Smith, CFP®, to discuss the up and down moves in the market during the holiday-shortened week. They discuss durable goods, consumer confidence and moves in the housing market. The experts also take a look at a case study of an individual who wants to reduce her estate under the federal estate tax exclusion to ensure her heirs inherit her wealth. They also answer listeners’ questions on stock buybacks, Target, Sally Beauty Holdings and our outlook for the Utilities sector.

Technology and Energy Stocks Push Markets Lower

During the holiday-shortened week, the markets dipped into the red zone. The Dow Jones Industrial Average began the week with its largest decline in nearly a month (1%), as all 30 Dow components lost ground. Technology stocks in the S&P 500 Index fell 1.4% dragging the index down. While Wednesday, the markets recovered some of the previous day’s gains, the markets were down again on Thursday with Energy stocks taking their toll on the S&P. Labor Department figures also showed a jobless claims uptick of 7,000 to 282,000. Economists had expected a decrease to 270,000 from a revised 275,000 the week prior. On Friday, economic data weighed on the markets when first-quarter gross domestic product was downwardly revised to negative 0.7% in a second estimate. Consumer confidence decreased slightly in May, as the University of Michigan Consumer Sentiment index slipped 5.2 points to a six-month low of 90.7.

Money Talks – May 16, 2015

This week on “Money Talks,” Jennifer Thomas, CFP®, and K.C. Smith, CFP®, join hosts Matt Hames, CTFA, and Troy Harmon, CFA, CVA, to discuss the JOLT Survey, PPI and the employment situation, as well as earnings from Cisco. The experts also delve into a case study of a family wanting to begin saving for college for their children, ages 8 and 10. They also answer listeners’ questions on inheriting an IRA and how best to invest the assets, the effects of an inverted yield curve and robotics companies.

Market Roundup: Markets End Week Slightly Up After a Rough Start

Our experts discuss the week’s economic releases, including the JOLT Survey, the Producer Price Index and the employment situation. The week began with the markets closing in the red zone both Monday and Tuesday on depressed prices as Energy and Technology stocks weighed on the markets. Midweek the markets were mixed while reports showed retail sales remained unchanged in April. By Thursday, the S&P closed at a new all-time record level. The upswing continued through Friday to bring the weekly results into the green.

Money Talks – May 9, 2015

This week on “Money Talks,” Ben Crowe, CFP®, CFA, C.P.A. joins Dr. Gene and Troy Harmon, CFA, CVA, to discuss the broad economics that moved the market. They also focus on a small business in need of a valuation before it is sold fully to one partner and she then merges with another business. The show is rounded out with listener questions on income taxes and chocolate and sugar confectionary, Hershey Co.