Market Recap – September Major Benchmark Returns in September 2024 & Year-To-Date Déjà vu? September got off to a rough start as concerns about a slowing economy triggered a sell-off in growth stocks. Then, the Fed’s bigger-than-expected 50-basis point rate cut powered the Dow Jones and S&P 500 into record territory. Investors should pay attention […]
Summa Global Quarterly Newsletter – October 2023
Click here to download the PDF version of the newsletter. In This Issue: Macroeconomic Overview A recent Bloomberg survey revealed that about two-thirds of investors expect a recession before the 2024 Presidential election. The possibility of a recession looms large over investors. The market and economy are giving mixed signals, clouding analysts’ ability to predict […]
Summa Global Quarterly Newsletter – January 2022
Click here to download the PDF version of the newsletter. In This Issue: Investment Insights In 2021, the market showed strength, driven by a rebound in business and consumer spending. With the rebound came a spike in inflation created by persistent pandemic-induced supply chain problems, outsized demand, and rising wages. 2022 will be a challenging […]
The Dynamic Financial Landscape: Is Your Financial Advisor Adapting to the Changing World?
While I was doing research for this quarter’s newsletter, an IRS statistic on tax-filing composition caught my eye and prompted me to start over. Indeed, as I went deeper, it became clear to me that the financial industry is ever-changing, because the environment in which it lives never stops evolving. Therefore, financial professionals must learn […]
The Biden Tax Proposal: Three Trillion, Two Magic Numbers, and One Seismic Wave
By the time you are reading this, we are about two weeks away from what is expected to be the most contentious (and even potentially controversial) presidential election in recent history. Polls are pointing to a victory for Joe Biden, along with a “blue wave,” but as we have learned over the last few years […]
Budgeting – Why Is My Take-Home Pay So Much Less Than My Salary?
The third topic in our InsomniaCure Financial Education Rx Series is Budgeting. The first step in budgeting is knowing your income. Yet, it could be misleading to build your budget with “gross” pay, thanks to the various deductions from your paycheck before you receive it. What are these deductions? Some are mandatory while others are voluntary. Take […]
