Market Updates
TLWM Market Updates
4 Charitable Giving Strategies to Consider
Submitted by TLWM Financial on November 14th, 2022Stock Market Stocking Stuffers: How To Give Stock as a Gift
Submitted by TLWM Financial on November 14th, 2022If you struggle to find a gift for the person who has everything—or want to do your holiday shopping without having to leave the house—consider giving stock as a gift. Doing so is easier than you think, and it may offer a few benefits for you as well. Here is some information on giving stock as gifts and the benefits of doing so.
Give the Gift of a Lifetime
Submitted by TLWM Financial on November 14th, 2022The 12 Days of Year-End Planning
Submitted by TLWM Financial on November 14th, 20225 Tips for Shopping on Small Business Saturday
Submitted by TLWM Financial on November 14th, 2022There’s no question that November and December are the biggest times of year for shopping. But this year, it’s more important than ever to shop small and benefit your community.
Supporting local businesses means you’re supporting your friends and neighbors. And you’re likely to find unique items in mom-and-pop shops that you can’t find anywhere else.
A Year-End Tax Planning Checklist
Submitted by TLWM Financial on November 14th, 2022For many of us, a new year is an opportunity for fresh starts and discovering the best versions of ourselves, but some things—like tax contributions and retirement deadlines—don't change much, if at all. And with that shiny new year right around the corner, meeting end of year deadlines and getting tax efficiencies in place now may prepare us for a smoother transition.
Monthly Market Update
Submitted by TLWM Financial on November 1st, 2022
The final quarter of the year started well for stocks as the S&P 500 rallied about 8% in October. While the reprieve was welcomed by investors the S&P 500 is still down about 19% for the year. Interest rates continued to march higher during the month as the 10 Year Treasury closed the month yielding over 4%, and the 30-year mortgage rate over 7%. (YCharts)
Concerns are still centered on inflation, Fed policy and the increased chances of recession. Our economic dashboard once again showed further deterioration with the inversion of our yield curve indicator. This is reflective of the increasing recession risk we’ve seen throughout the year. As such, we have been defensively positioned with a portion of our growth portfolio throughout much of this year. This defensive positioning has been beneficial, and we are now thinking about how to take advantage of the cash we have on the sidelines by looking for potential opportunities to put our defensive allocation back to work.
Monthly Market Update
Submitted by TLWM Financial on October 3rd, 2022
September was another difficult month for stocks as the S&P 500 fell into bear market territory once again closing down roughly 9% for the month and 5% for the quarter. (YCharts) The main drivers once again were inflation, the Fed, and interest rates as investors continued to worry about the impact of each of these on economic growth.
The odds of a recession have steadily increased throughout this year which has been reflected in the deterioration of our economic dashboard. The dashboard helps guide our portfolio positioning. As such, the deterioration in the dashboard led us to be defensively positioned for most of the year with a portion of our growth portfolio.
Monthly Market Update
Submitted by TLWM Financial on September 1st, 2022July’s stock market rally continued in the first half of August; however, volatility picked back up over the last two weeks of the month and the S&P 500 finished down about 4% for August. That leaves the index down roughly 17% for the year. (YCharts)
Once again it was inflation and the Fed that moved markets throughout the month with better-than-expected inflation numbers driving the early rally, before concerns over a slowing economy were driven by Fed Chair Jay Powell’s speech later in the month. Next month, investors will again be watching inflation data carefully, and what it means for Fed policy, as the Fed is poised to raise rates in September: currently expectations are for a hike of 0.75%. (CME FedWatch Tool)