by Proactive Advisor Magazine | Jan 12, 2022 | Topping the Charts
The sell-off in technology stocks was persistent last week and continued into Monday morning, Jan. 10. By the end of the trading day, the NASDAQ Composite Index had made a remarkable recovery. Said StreetInsider.com, “After falling almost 3% earlier in...
by Proactive Advisor Magazine | Dec 15, 2021 | Topping the Charts
According to Reuters, Goldman Sachs sees more modest returns for the S&P 500 in 2022, reflecting “decelerating economic growth, a tightening Fed, and rising real yields.” Also built into the mid-November forecast from Goldman was a forecast for net...
by Proactive Advisor Magazine | Dec 8, 2021 | Topping the Charts
Volatility has returned to the U.S. equity markets, largely attributed to a more hawkish Federal Reserve, inflation and supply-chain concerns, and the unknowns surrounding the omicron variant of COVID. The Cboe Volatility Index (VIX) spiked to over 30...
by Proactive Advisor Magazine | Nov 17, 2021 | Topping the Charts
The University of Michigan’s Index of Consumer Sentiment fell to 66.8 for November, according to preliminary data released Friday, Nov. 12. According to CNBC, “That was the lowest since November 2011 and well below the Dow Jones estimate of 72.5....
by Proactive Advisor Magazine | Nov 3, 2021 | Topping the Charts
The U.S. Bureau of Economic Analysis (BEA) released its advance look at Q3 2021 GDP last Thursday (Oct. 28), with the projected annual growth rate of 2% below analysts’ expectations for a figure in a range of 2.8% to 3.5%. The 2% growth rate was also...
