Weekly Market Recap – September 26, 2022
The Markets (as of market close September 23, 2022) Investors endured their second harrowing week in a row as the Federal Reserve continued to raise interest rates aggressively to combat inflation. New signs of slowing global growth and Russia’s threats to escalate the war in Ukraine provided more reasons for selloffs in the stock and […]
Weekly Market Recap – September 19, 2022
The Markets (as of market close September 16, 2022) Inflation is still rising, albeit at a slower pace, according to the latest data out last week. This will likely support further interest-rate increases from the Federal Reserve and worries of a resulting economic recession. Stocks retreated, culminating in the worst week since June. The Nasdaq […]
Client note on volatility and inflation
If you’ve felt like stock prices have been more volatile in 2022 than in recent years, you’re right on the money. Let’s take a look. Big picture The S&P 500 has posted 81 daily moves of at least 1% through August. Of those moves, 39 have been to the upside and 42 to the downside. […]
Weekly Market Recap – September 12, 2022
The Markets (as of market close September 9, 2022) Are investors accepting the Federal Reserve’s hawkish path to reduce inflation? Last week’s market performance may lend credence to that possibility, as each of the major benchmark indexes posted solid gains, reversing three weeks of losses. A jump in tech shares pushed the Nasdaq up to […]
Revising Estate Planning Strategies
When the rules of the game change, your tactics should follow in response to the new landscape. While estate tax exemptions have ridden an uncertain roller coaster in recent years, the rules appear to be stabilizing after the passing of the Tax Cuts and Jobs Act, prompting many to reconsider estate planning strategies. In 2017, […]
New Cancellation for Federal Student Loans and Delayed Repayment to 2023
On August 24, 2022, just a few days before federal student loan repayment was set to resume, President Biden announced a plan for additional student loan debt relief. Federal student loan repayment was originally halted in March 2020 at the start of the pandemic. The new plan extends the payment moratorium through the end of […]
Weekly Market Recap – August 29, 2022
The Markets (as of market close August 26, 2022) Despite evidence that inflation may be slowing, the central bank is committed to fighting inflation, according to last Friday’s speech from Federal Reserve Chair Jerome Powell. Wall Street may have held out hope that the Fed would scale back its aggressive bent to reel in rising […]
Azzad Portfolios Achieve ‘Top Guns’ Designation from Informa Investment Solutions
Five strategies excel across multiple categories and reporting periods Azzad Asset Management announced today that five of its investment strategies have been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. PSN Top Guns […]
Weekly Market Recap – August 22, 2022
The Markets (as of market close August 19, 2022) The four-week rally for stocks came to an end last week. Investors turned cautious after Fed officials continued to support more interest-rate hikes. Each of the major benchmark indexes lost ground, with the S&P 500 declining for the first time in five weeks. Yields on 10-year […]
Weekly Market Recap – August 1, 2022
Positive economic news and corporate earnings data helped drive stocks higher last week. Although the Federal Reserve hiked interest rates another 75 basis points, investors may expect subsequent rate increases to be no more than 75 basis points, with the possibility of a slowdown in rate hikes in the not-too-distant future. Each of the major […]
