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 […]
The Entrepreneur Of The Year program, founded by EY, has recognized the endeavors of men and women who create the products and services that keep our worldwide economy moving forward. Since its inception, Entrepreneur Of The Year has grown dramatically and now includes programs in more than 145 cities and more than 60 countries worldwide.
United Way of Greater Los Angeles hosts an annual event for women to learn and share their experiences, challenges, and opportunities as we work together to impact systemic issues in our community. EmpowerHER celebrates the diversity and uniqueness of each female voice to strengthen support for women through the power of storytelling. For more information […]
On June 14th, Acacia Wealth sponsored and attended the National Association of Women Business Owners 33rd Annual Leadership and Legacy Awards Conference. This year, NAWBO-LA’s theme was Kicking Glass, reminding all women to continue their work in breaking the glass ceiling. NAWBO-LA creates a culture of transformation marked by a movement that will impact equality, […]
SUMMARY U.S. equities saw a significant downturn in May. The breakdown of U.S.-China trade negotiations and new tariffs on Mexico’s imports brought fears of a slowdown in global growth. U.S. manufacturing PMI fell to levels not seen since September 2009, with new orders falling for the first time since August 2009. Businesses emphasized trade tension […]
Acacia Wealth Advisors is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
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.