news and events
In honor of Good Friday, we will be closed Friday, April 19, 2019. -Acacia Wealth Advisors-
Summary U.S. equities ended up for the volatile month of May, which pushed year-to-date returns back into positive territory. Manufacturing data in the U.S. continued its impressive two-month run, as strong demand outpaced production capacity. Consumer confidence has risen to a 17-year high, which coupled with a decreasing unemployment rate, rising income, and the benefits from […]
Team Acacia spent another beautiful day participating in a triumphant “Walk for Kids” event in support of the Los Angeles Ronald McDonald House. We thank everyone for their contributions and helping us hit our fundraising goal! The money raised at this event support the families staying at the LA Ronald McDonald House by providing them […]
SUMMARY U.S. equities were positive in March and finished the first quarter with the best returns in seven years. Real GDP increased by an annualized rate of 2.2% in the fourth quarter, a downward revision from the 2.6% initial estimate. The unemployment rate ticked down to 3.8% in February in part due to furloughed federal […]
SUMMARY U.S. equities continued to rally through the month of February. Real GDP increased by an annualized rate of 2.6% in the fourth quarter. The deceleration in growth from the third quarter (3.4%) was partly due to a decrease in government spending during the government shutdown. The shutdown also contributed to the uptick in the […]
SUMMARY U.S. equities rallied in the new year. Contributing factors included both a better-than-expected start to the earnings season and a “patient” Fed willing to delay further interest rate hikes. U.S. manufacturing saw improvements in operating conditions with domestic demand leading to new business growth. Business confidence saw an uptick among manufacturers. However, the government […]
SUMMARY U.S. equities saw a steep decline in December and ended 2018 in negative territory. Optimism in business confidence fell to levels not seen since October 2016 as growth of new manufacturing orders slowed and demand fell. Consumer confidence remained strong but experienced back-to-back declines in November and December mainly due to concerns of slowing […]
SUMMARY U.S. equities rebounded in November, aided by Fed Chairman Powell’s comments that the fed funds rate is just below “neutral” and indicated that the Fed would not engage in an aggressive tightening policy. Real GDP increased at an annual rate of 3.5% in 3Q (second estimate), below the 4.2% rate in 2Q. U.S. manufacturing […]
Dear Friends, As many of you know #GivingTuesday is today. It couldn’t come at a better time. We all know someone who has withstood serious hardship in the wild fires here in California, or in any of the many natural and manmade disasters this year. During this time of gratitude, we encourage you to reach […]
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This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.