Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.
Presented by Mark Gallagher A blowout jobs report helped propel the S&P 500 to its fourth consecutive week of gains. Quick Hits Report releases: Positive employment data led to a reassessment of a slowing economy. Financial market data: Equities and yields rose on the back of the excellent jobs report. Looking ahead: Inflation and Federal […]
read more >Presented by Mark Gallagher Quick Hits Stocks Rally in September to Cap Off Strong Third Quarter Stocks continued to rise in September as improving fundamentals and lower interest rates supported returns. Strong Quarter for Bonds September capped off a strong quarter for bond investors. Federal Reserve Cuts Interest Rates The Fed lowered the federal funds […]
read more >Presented by Mark Gallagher Propelled by Chinese stimulus measures, international equities led the way last week. The yield curve steepened slightly. Economic data was mixed: business confidence rose but consumer confidence and personal spending reports disappointed. Quick Hits Report releases: Personal income and spending growth slowed in August. Financial market data: China launched a slew […]
read more >Presented by Mark Gallagher Equities continued to move higher. The Federal Open Market Committee (FOMC) cut the federal funds rate 50 basis points (bps). Economic data was mixed; retail sales and industrial production surprised to the upside, whereas existing home sales disappointed. Quick Hits Report releases: Retail sales and industrial production grew more than expected […]
read more >Presented by Mark Gallagher Equities continued their rally; sectors that benefited from more persistent inflation outperformed. Treasuries were little changed as investors look toward this week’s inflation data. Quick Hits Report releases: Consumer inflation improved modestly in April. Financial market data: Soft data supported stocks and bonds. Looking ahead: Investors await this week’s Federal Open […]
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 At the start of 2023, we saw dire headlines about the economy and the markets despite positive economic data. Ultimately, the results this year followed the data, not the headlines. Yes, there were (and are) many concerns and risks. As long as the data stays solid, however, so should the results. […]
read more >In 2022, we faced rising prices, market volatility, and recession fears. Can we expect some good news in the new year? We always strive to keep you informed and help you stay on track toward your long-term financial goals. Today, we present a 2023 outlook provided by Brad McMillan, CFA®, CAIA, MAI, chief investment officer […]
read more >CLICK HERE -> Generic Tax Organizer 2021 <- FOR THE 2022 TAX SEASON Another tax filing season is fast-approaching. We hope your 2022 new year is off to a great start. Our entire staff appreciates having you among our good and loyal clients – thank you! As was the case last year, Gallagher Financial […]
read more >Click here -> Generic Tax Organizer 2020 for the 2021 Tax Season After a rollercoaster year, the 2021 tax filling season is fast-approaching once again. Without a doubt, the Covid-19 pandemic has introduced a paradigm shift in our daily routines! As we all adapt to what’s been deemed “the new normal”, Gallagher Financial Services is […]
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