risk management Archives - CTS Financial Group

Rally Loses Steam; Fed Weighs Move

jmuch2024-11-18T08:50:26-06:00November 18, 2024|Categories: Weekly Update|Tags: alternative investments, chicago, CPI, estate planning, financial planning, financial strategy, Inflation, Interest Rates, investing, retirement, risk management, taxes, wealth management, wealth transfer, women|

The Weekly Update

Week of November 18th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks fell last week as the post-election rally lost momentum amid an inflation uptick and cautious comments from Fed officials.

The Standard & Poor’s 500 Index fell 2.08 percent, while the Nasdaq Composite Index declined 3.15 percent. The Dow Jones Industrial Average lost 1.24 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, dropped by 2.38 percent.

Rally Fizzles, Data Rattles
Stocks began the week with modest gains as all three major indexes hit record highs. On Tuesday, stocks took a breather with monthly inflation pending.

News that the Consumer Price Index (CPI) ticked up slightly in October injected some uncertainty into the markets. The Producer Price Index released the following day showed wholesale inflation ticked up last month. While both the CPI and PPI aligned with expectations, investors hoped for better news.
Comments from Fed Chair Powell that the …

Stocks Surge Post-Election; Fed Cuts Quarter Point

jmuch2024-11-11T10:23:55-06:00November 11, 2024|Categories: Weekly Update|Tags: AI, chicago, CPI, estate planning, Fed, financial planning, financial strategy, Inflation, Interest Rates, investing, market volatility, markets, retirement, risk management, social security, taxes, wealth management, women|

The Weekly Update

Week of November 11th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled Senate and executive branch. (The House of Representatives still remains officially undecided.)

The Standard & Poor’s 500 Index spiked 4.65 percent, while the Nasdaq Composite Index gained 5.74 percent. The Dow Jones Industrial Average rose 4.61 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, was basically flat (down 0.02 percent).

Stocks Extend Rally on Election News
It was a shaky start to the week for stocks as investors anxiously awaited election results and the Fed’s interest-rate decision.

On Election Day, stocks rallied broadly before polling places closed. After the election was called early the next morning, stocks opened higher and climbed throughout the trading session. The yield on the 10-year Treasury fell to …

Stocks Retreat on Jobs and Election Concerns

jmuch2024-11-04T14:45:53-06:00November 4, 2024|Categories: Weekly Update|Tags: artificial intelligence, chicago, CPI, estate planning, financial planning, Inflation, insurance, Interest Rates, investing, market volatility, markets, retirement, retirement planning, risk, risk management, social security, sustainability, wealth management, wealth transfer, women|

The Weekly Update

Week of November 4th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors.

The Standard & Poor’s 500 Index fell 1.36 percent, while the Nasdaq Composite Index declined 1.50 percent. The Dow Jones Industrial Average edged down 0.15 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, slid 0.96 percent.

Q3 Reports Uninspired
Stocks rallied early Wednesday after the gross domestic product report showed a strong economy that appeared on the path to a soft landing. However, stocks moved lower throughout the day as investors digested mixed Q3 reports from a few mega-cap tech names.

Stocks were under more pressure Thursday as disappointing outlooks for some key tech companies pulled the market down. A softer-than-expected jobs report on Friday unsettled investors, but stocks picked up as the day progressed, and attention shifted to how the …

Stocks Mixed Ahead of Election

jmuch2024-10-28T05:11:01-05:00October 28, 2024|Categories: Weekly Update|Tags: artificial intelligence, chicago, CPI, debt, estate planning, financial planning, Inflation, Interest Rates, investing, market volatility, markets, risk management, social security, taxes, wealth management, wealth transfer, women|

The Weekly Update

Week of October 28th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum.

The Standard & Poor’s 500 Index fell 0.96 percent, while the Nasdaq Composite Index rose 0.16 percent. The Dow Jones Industrial Average dropped 2.68 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, slid 2.30 percent.

Nasdaq Leads
Stocks were mixed for the first half of the week as investors geared up for a steady stream of Q3 reports. The 10-year Treasury yield continued to trend higher, which caught the attention of some traders.
Markets fell Wednesday morning with news that existing home sales fell to a 14-year low in October; still slowed by higher interest rates, sales are on track for their worst year since 1995. Also, pre-election jitters remained an undertow with traders.

News that durable goods orders rose in September buoyed …

Sixth Week of Gains on Wall Street

jmuch2024-10-21T10:15:54-05:00October 21, 2024|Categories: Weekly Update|Tags: AI, alternative investments, chicago, CPI, debt, estate planning, financial planning, Inflation, Interest Rates, investing, market volatility, markets, retirement, risk management, taxes, wealth management, women|

The Weekly Update

Week of October 21st, 2024
By Christopher T. Much, CFP®, AIF®

Stocks posted modest gains last week, with quarterly earnings season in full swing and the election on the horizon.

The Standard & Poor’s 500 Index increased 0.85 percent, while the Nasdaq Composite Index rose 0.80 percent. The Dow Jones Industrial Average advanced 0.96 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, fell 0.31 percent.

Six in a Row
Stocks bolted out of the gate as the week began. The S&P 500 and the Dow Industrials hit record highs, with the Dow crossing 43,000 for the first time.

Midweek, the news of stronger-than-expected retail sales report contributed to overall market momentum. Retail sales rose a seasonally adjusted 0.4 percent in September, topping economists’ forecasts.

As the week wrapped up, the technology sector helped fuel a rally that pushed the S&P and Nasdaq to another record high. It was the sixth …

Mixed Data Leaves Investors Anxious

jmuch2024-10-14T10:29:24-05:00October 14, 2024|Categories: Weekly Update|Tags: chicago, CPI, Fed, financial planning, insurance, investing, market volatility, markets, retirement, risk management, taxes, wealth management, wealth transfer, women|

The Weekly Update

Week of October 14th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East.

The Standard & Poor’s 500 Index gained 1.11 percent, while the Nasdaq Composite rose 1.13 percent. The Dow Jones Industrial Average picked up 1.21 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, added 0.23 percent.

Up And Down Week
Stocks slipped on Monday as oil continued to rise but moved higher on Tuesday as the technology sector showed the way. Oil prices fell back as investors took a wait-and-see stance concerning Middle East tensions.

The S&P 500 and Dow Industrials hit fresh record highs on Wednesday but dipped Thursday morning after the latest Consumer Price Index (CPI) data showed inflation was warmer than expected.

Earnings season kicked off Friday, and update reports from a few money center banks injected some enthusiasm …

Market Rallies But Ends Week Flat

jmuch2024-10-07T10:18:59-05:00October 7, 2024|Categories: Weekly Update|Tags: chicago, CPI, financial planning, Inflation, Interest Rates, investing, market volatility, retirement, risk management, sustainability, taxes, wealth management, women|

The Weekly Update

Week of October 7th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks were essentially unchanged last week as geopolitical tensions added some volatility to an otherwise quiet trading week.

The Dow Jones Industrial Average was flat (+0.09 percent), while the Standard & Poor’s 500 Index ticked up 0.22 percent. The Nasdaq Composite also was flat (+0.10 percent). The MSCI EAFE Index, which tracks developed overseas stock markets, was a bit more unsettled by the geopolitical events, dropping 3.74 percent.

Stocks Flat, Oil Spikes
Stocks posted modest gains on Monday, encouraged by upbeat comments in a speech by Fed Chair Jerome Powell. However, the modest gains pushed the S&P 500 and Dow to fresh records.

As Middle East tensions escalated on the first day of October, stocks fell, bond yields rose, and oil prices rose as the news unfolded.

On Wednesday, all three averages were flat. An ADP report showed higher-than-expected private sector job …

Rate Cut Momentum; D.C. Averts Shutdown

jmuch2024-10-01T10:18:53-05:00October 1, 2024|Categories: Weekly Update|Tags: artificial intelligence, chicago, financial planning, Inflation, Interest Rates, investing, market volatility, markets, retirement, risk management, social security, taxes, wealth management, women|

The Weekly Update

Week of September 30th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks moved higher last week, continuing to build on the momentum generated after the Federal Reserve decided to cut short-term rates by 0.50 percent.

The Standard & Poor’s 500 Index gained 0.59 percent, while the Nasdaq Composite rose 0.95 percent. The Dow Jones Industrial Average added 0.62 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, gained an eye-catching 3.53 percent.

Congress Passes Spending Bill
Stocks started the week tepidly but in the green, as investors mostly shrugged off Tuesday’s weak consumer confidence report. Then, at midweek, markets put on the brakes as investors appeared to take profits after a four-day winning streak.

On Thursday, markets rallied on the news that the final Q2 gross domestic product estimate showed the economy increased at an annual rate of 3.0 percent. Then Friday, the PCE, or Personal Consumption and Expenditures Index, …

Fed Cuts Interest Rate By Half-Point

jmuch2024-09-23T10:31:26-05:00September 23, 2024|Categories: Weekly Update|Tags: chicago, CPI, estate planning, Fed, financial planning, Inflation, Interest Rates, investing, market volatility, retirement, risk, risk management, taxes, wealth management, women|

The Weekly Update

Week of September 23rd, 2024
By Christopher T. Much, CFP®, AIF®

Stocks moved higher last week after the Federal Reserve’s half-point rate cut, bolstered by multiple data points supporting a cooling but still strong economy and decelerating inflation.

The Standard & Poor’s 500 Index gained 1.36 percent, while the Nasdaq Composite rose 1.49 percent. The Dow Jones Industrial Average moved ahead by 1.62 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, inched up 0.42 percent.

Fed Cuts Rate 0.5 Percent
Stocks traded in a narrow range for the first half of the week as anxious investors awaited the outcome of the Federal Open Market Committee’s (FOMC) September meeting.

Shortly after 2 pm ET Wednesday, the Fed announced it was cutting rates by a half percentage point—a more significant cut than some investors anticipated. Stocks initially rose in response and then fell. Some market watchers attributed the decline to concern …

Stocks Rally Ahead of Fed Meeting

jmuch2024-09-16T09:22:07-05:00September 16, 2024|Categories: Weekly Update|Tags: chicago, financial planning, Inflation, Interest Rates, investing, market volatility, retirement, risk management, taxes, wealth management, women|

The Weekly Update

Week of September 16th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks rallied last week as investors received better-than-expected consumer and producer inflation data.

The Dow Jones Industrial Average rose 2.60 percent, while the Standard & Poor’s 500 Index gained 4.02 percent. The Nasdaq Composite led, picking up 5.95 percent as tech stocks rebounded. The MSCI EAFE Index, which tracks developed overseas stock markets, rose 1.01 percent.

A Wednesday to Remember
Stocks bounced out of the gate at the start of the week as “risk on” investors made moves before the pending release of the twin inflation reports–the Consumer Price Index (CPI) and Producer Price Index (PPI). The three major averages added slightly more than 1 percent in Monday trading.

On Wednesday, stocks initially dipped following the release of the CPI as traders appeared disappointed by the report. By midday, sentiment changed. The S&P 500, down as much as 1.6 percent in …