Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.
Presented by Mark Gallagher Small-cap stocks posted a major rally as potential interest rate cuts offered relief amid recent struggles. Short-term Treasuries rallied on the lower Consumer Price Index (CPI) report as investors locked in elevated short-term rates. Quick Hits Report releases: Consumer prices were softer than expected in June; producer prices surprised to the […]
read more >Presented by Mark Gallagher Tesla was the story of last week; it rose more than 27 percent after second-quarter delivery estimates were better than expected. Treasuries rallied slightly after minutes from the most recent Federal Reserve (Fed) meeting noted progress on inflation, indicating a rate cut could be in the not-too-distant future. Quick Hits Report […]
read more >Presented by Mark Gallagher, Nike (NKE) was the story of the week: it was down more than 20 percent, as it missed sales estimates. The back end of the yield curve sold off again as investors question what the recent economic slowdown means for longer-term growth. Quick Hits Report releases: Personal spending increased for the […]
read more >Presented by Mark Gallagher Nvidia was down last week despite a strong rally in which it briefly became the largest stock by market capitalization. Its move lower dragged growth and technology stocks down. Treasuries sold off in unison across the curve. Quick Hits Report releases: Housing starts and existing home sales slowed in May, signaling […]
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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