by Legacy Wealth Management | Jun 28, 2022 | Market Commentary
Real GDP declined at a 1.5% annual rate in the first quarter and, as of Friday, the Atlanta Fed’s “GDP Now” model projects zero growth in Q2. Click Here to Read More
by Legacy Wealth Management | Jun 21, 2022 | Market Commentary
Click Here to Read More We became bullish about stocks once mark-to market accounting was fixed in March 2009. We were also bullish after COVID-19 hit. We got called “perma-bulls,” but as we look back at the low interest rates and healthy profit growth, we don’t see...
by Legacy Wealth Management | Jun 13, 2022 | Market Commentary
All eyes will be on the results of the Federal Reserve meeting on Wednesday when it announces how much it’s going to raise short-term rates, its new projections for the economy and short-term rates for the next few years, as well as Chairman Powell’s press conference....
by Legacy Wealth Management | Jun 6, 2022 | Market Commentary
Click Here to Read More JP Morgan CEO Jamie Dimon caused a stir lately when he talked about a “hurricane” hitting the US economy. We think he may eventually be right, but is way too early. The employment report for May confirmed that the US economy continues to...
by Legacy Wealth Management | Jun 1, 2022 | Market Commentary
We are now about five months away from the mid-term elections that will decide who controls the Senate and House ofRepresentatives for the next two years. Click Here to Read More
by Legacy Wealth Management | May 23, 2022 | Market Commentary
At least a couple of major retailer stocks got clobbered last week as investors sold on reports that they missedearnings estimates. Click Here to Read More
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