SUMMARY U.S. equities returns were positive for the month of October. The U.S. manufacturing sector saw modest improvement during the period, due to a faster rise in production, along with increases in new orders. According to advance estimates, GDP increased at only an annual rate of 1.9% in the third quarter. 128,000 jobs were added […]
On Saturday, October 5th, the Financial Planning Association held the 10th annual Los Angeles Financial Planning Day at the Los Angeles Central Library. Lead by Pro Bono Director Joe Rosol of the Los Angeles chapter of the Financial Planning Association, numerous qualified Certified Financial Planner (CFP®) professionals offered free, “no strings attached”, one-on-one financial counseling […]
SUMMARY U.S. equities returns were positive for the month of September. The expansions in production and new orders remained modest, while business confidence was relatively gloomy due to muted demand conditions. Consumer confidence decreased in September, due to weakening consumer expectations and continuing trade tensions. The third estimate of real gross domestic product showed an […]
On Saturday, September 14, 2019, and in conjunction with Financial Planning Association of Los Angeles, Joe Rosol conducted one-on-one personal financial counseling sessions with Habitat Partner Homebuyers. With the support of community partners, donors and volunteers, Habitat LA constructs new or renovates existing homes alongside Habitat Partner Homebuyers. In addition to a down payment and […]
SUMMARY U.S. equities returns were negative for the month of August. U.S. manufacturing PMI continued its decline with new order exports falling at the sharpest rate in almost a decade. The decline in exports was in part due to rising tensions of a trade war and tariffs triggering softer client demand overseas. Consumer confidence dipped […]
SUMMARY U.S. equities posted positive returns in July. An advanced estimate of real gross domestic product showed an increase of 2.1% in the second quarter, a slowdown from the 3.1% rate in the first quarter. The deceleration reflected a downturn in inventory, exports, and nonresidential fixed investment. In June, 224,000 jobs were added and the […]
Meloni M. Hallock, Managing Director at Acacia Wealth Advisors in Beverly Hills, received Honorable Mention in the 13th Annual Invest in Others Awards for her philanthropic contributions to American Red Cross Los Angeles Region. As a result, the American Red Cross Los Angeles Region will receive a $1,000 donation from Invest in Others in Meloni […]
SUMMARY U.S. equities rallied in June. The third estimate showed first quarter real gross domestic product increased at an annual rate of 3.1%, up from the 2.2% increase in the fourth quarter 2018. The unemployment rate held steady at 3.6%, with 75,000 jobs added in May. U.S. manufacturing PMI showed a negligible improvement in June […]
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