Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.
Presented by Mark Gallagher General Market News • On Monday, the 10-year Treasury opened at 1.60 percent, down from last week’s 1.82 percent. The 30-year yield opened at 2.08 percent, dropping from 2.30 percent. The short end of the curve is inverted again, with the 2-year yield at 1.45 percent and the 3-year yield at […]
read more >Presented by Mark Gallagher General Market News • On Tuesday, the 10-year Treasury opened at 1.78 percent, lower than where it closed on Friday. The 30-year and 2-year yields also opened lower, at 2.24 percent and 1.54 percent, respectively. Treasury yields continued their downward trend, which has been ongoing since before the December holidays. With […]
read more >Presented by Mark Gallagher General Market News • The bond markets experienced more volatility last week. The 10-year Treasury yield was as low as 1.70 percent and as high as 1.90 percent as a result of news from Iran. It opened at 1.83 percent on Monday. The 30-year bounced between 2.19 percent and 2.38 percent […]
read more >Presented by Mark Gallagher Strong December caps off terrific year for markets What a difference a year can make. At the end of 2018, markets were selling off due to political concerns, and the year finished on a sour note. But 2019 had a significantly better ending for investors. Markets experienced solid gains in December, […]
read more >Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for December. It was a great close to 2019, with U.S. markets up more than 20 percent and international markets showing double-digit gains. Job growth was strong, and, for the ninth month in a row, income and spending went up. New home sales were at […]
read more >Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for January. It was a great month for the financial markets. Despite the government shutdown, signs of an economic slowdown, and dropping consumer and business confidence, U.S. and international markets were up. Plus, job and wage growth were strong, and companies made more money than […]
read more >Brad McMillan, Commonwealth’s CIO, recaps market and economic news for December. It was another bad month in a string of bad months, with U.S. markets down about 10 percent and international markets faring only a bit better, down 5 to 6 percent. A combination of bad news, from a government shutdown, to the ongoing trade […]
read more >Presented by Mark Gallagher General market news • On Monday morning, the 10-, 30-, and 2-year Treasuries opened at 2.81 percent, 2.96 percent, and 2.62 percent, respectively. The spread between the 2- and 10-year notes is again at its flattest level in this economic cycle. Historically, an inverted yield curve—where rates on the short end […]
read more >Click link below to download a PDF of our Tax Organizer 2019 Tax Organizer (CLICK HERE) The 2020 tax filing season is the 2nd year after the sweeping federal tax reforms passed by congress. Once again, many of our clients will be utilizing the standard deduction at the federal level, while still being able to […]
read more >Presented by Mark Gallagher At the end of last year, the big question was, “Will 2019 bring the end of the recovery?” All of the data seemed to point to an answer of “Not yet.” And so far, that answer still holds. The big picture suggests growth is likely to continue for the rest of […]
read more >Presented by Mark Gallagher A new year has begun. It’s time to evaluate what worked well for you financially in 2018 and whether you need to make any changes for 2019. As you do that, you’ll want to put together a plan for this year’s charitable giving. A good place to start the process is […]
read more >Presented by Mark Gallagher As we look back on the year, the market continues to drop. Plus, the major U.S. stock market indices are now in or approaching bear market territory (i.e., down 20 percent or more). As such, there is a real concern that this drawdown signals something even worse ahead. Worry levels are […]
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