Weekly Market Recap – January 9, 2023
The Markets (as of market close January 6, 2023) Last Friday’s rally helped drive stocks higher to end the first full week of January. Investors apparently saw a deceleration in November and December average hourly earnings (see jobs report below) as a sign that the aggressive monetary policy followed by the Federal Reserve may actually […]
SECURE Act 2.0: What You Need to Know
Here is an update on some significant changes designed to help Americans save more for retirement. You may have heard of the SECURE Act 2.0, which Congress passed as part of a larger federal spending bill last week.1 This legislation builds upon the 2019 Setting Every Community Up for Retirement Enhancement Act and includes several provisions […]
SECURE Act 2.0 Highlights
The Secure Act 2.0 has passed, making it the most significant piece of retirement legislation since the original SECURE Act was approved in 2019. With a total of roughly 100 provisions – mostly related to retirement plans – it can be confusing to get your head around the key changes and assess their implications. The […]
Five Most Overlooked Tax Deductions
Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five most overlooked opportunities to manage your tax bill. 1. TheBalance.com, 20212. IRS.gov, […]
Weekly Market Recap – December 12, 2022
The Markets (as of market close December 9, 2022) Stocks couldn’t maintain momentum from the previous two weeks, ultimately closing last week in the red. The small caps of the Russell 2000 gave back over 5.0%, while the Nasdaq dropped 4.0%. The S&P 500 fell 3.4%, the Dow declined 2.8%, and the Global Dow dipped […]
How Women Can Prepare for Retirement
When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration (SSA) estimates that today’s average 65-year-old woman will live to age 86½. Given these projections, it appears that a retirement of 20 years or longer might be in your […]
Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions
FOR IMMEDIATE RELEASE Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions Five strategies excel across multiple categories and reporting periods Falls Church, Va., 11/30/22– Azzad Asset Management announced today that five of its investment strategies have again been awarded ‘Top Guns’ designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running […]
Weekly Market Recap – November 28, 2022
Wall Street ended the Thanksgiving week ahead of where it began, as each of the benchmark indexes listed here posted solid gains during a week of light trading. The Global Dow led the indexes, followed by the Dow, the S&P 500, the Russell 2000, and the Nasdaq. Stocks have been rallying since October and the […]
Weekly Market Recap – November 21, 2022
The Markets (as of market close November 18, 2022) Stocks fell last week following warnings from several Federal Reserve officials that more policy tightening was to come. Each of the major benchmark indexes closed the week lower after enjoying solid gains the previous week. The Russell 2000 and the Nasdaq fell the furthest, followed by […]
Weekly Market Recap – November 14, 2022
The Markets (as of market close November 11, 2022) Stocks rebounded from a sluggish start to close last week higher. Investors continued to rally behind equities on the hope that last week’s soft inflation data will prompt the Federal Reserve to curtail its interest-rate hikes. The S&P 500 rose to its best week since June, […]
