MARKETS RECORD THEIR 8TH CONSECUTIVE WEEKLY GAIN AS EARNINGS SOFTEN AND ECONOMIC DATA IS MIXED The major US equity markets rewarded investors with very healthy gains this week, pushing the number of consecutive weekly gains to eight, despite slowing corporate earnings and a mixed-bag of economic data points Investors were relieved to hear that the US […]
MARKETS FLAT, BUT RECORD THEIR 7TH CONSECUTIVE WEEKLY GAIN U.S. stocks ended the week up slightly to flat, while international stocks were slightly down NASDAQ led the way with an uninspiring 0.5% gain, followed by the DJIA’s move up 0.2%, a flat S&P 500 and the MSCI EAFE Index which finished down 0.4% Despite the flatness, […]
This week 24 years ago, Eileen Collins became the First Female Shuttle Pilot while docking Space Shuttle Discovery with Russia’s Mir Space Station (STS-63) which was also the first time an American shuttle rendezvoused with the Russian space station. The daughter of Irish immigrants, Collins participated in Girl Scouts and expressed her interest in space […]
For All of Us In Chinese culture, pigs are the symbol of wealth. Their chubby faces and big ears are signs of fortune as well. For Those Born Under the Sign of the Pig 1923, 1935, 1947, 1959, 1971, 1983, 1995, 2007 Pigs have a beautiful personality and are blessed with good fortune in life. […]
MARKETS END THE WEEK WITH BEST JANUARY SINCE 1987 The first month of 2019 ended on a very high note, as the markets continued to advance and the S&P 500 delivered its strongest January gain since 1987 The Dow Jones Industrial Average (+1.3%), NASDAQ (+1.4%), and the S&P 500 (+1.6%) delivered strong weekly gains, but […]
In December 2018, the stock market acted as if 2019 U.S. corporate earnings were going to be devastated by a combination of Federal Reserve (Fed) policy mistakes, the end of tax-cut effects, a slowdown in global growth, and consequences of severe trade frictions. A shift in Fed rhetoric after Christmas sparked some recapture of earlier […]
We will admit that when we are looking for FEARLESS WOMEN to feature in the blog we get wrapped up in a few regular categories: Women from History: Elizabeth Blackwell, Margaret Knight, Madam C.J. Walker Women of note in current affairs: Nancy Roman, Marie Colvin, Margaret Corbin Women making Headlines: Suzy Whaley, Donna Strickland, Ruth […]
MARKETS MIXED AS GOVERNMENT SHUT DOWN ENDS – FOR NOW After four consecutive weeks of green, the major benchmarks ended the week pretty much where they started The DJIA and NASDAQ managed to stay green with gains of 0.1% each, while the S&P 500 moved to red with a 0.2% decline The Technology sector performed […]
In 2018, phishing attacks were identified as one of the leading cyber threats against financial institutions. To protect against this growing threat against both our advisors and clients, HighTower is committed to providing a robust cyber security awareness training program. Over the last several months, many training modules have been rolled out to help our […]
Today is one of those rare occasions where our This Week In History and FEARLESS WOMEN WEDNESDAY meet!! On this day in 1849 Elizabeth Blackwell became the first woman in America to receive a medical degree. Elizabeth, third of nine children, was born to a sugar refining Quaker family on February 3, 1821. When […]
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