Month: August 2015

August
31

Provided by: Jon McGraw

Markets Bounce Back from China Uncertainty

U.S. stock markets finished higher than they started last week, but the five-day ride was awfully bumpy. Concerns about China’s slowing growth, shifting currency valuations and falling stock markets, coupled with uncertainty about the Federal Reserve’s next monetary policy move, contributed to malaise in world markets early last week. After falling by about 6 percent…

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August
24

Provided by: Jon McGraw

Slipping China, U.S. Indecision Point to Market Correction

Correction! According to Barron’s, the Dow Jones Industrial Average lost about 6 percent last week, placing the benchmark index around 10 percent below its record high on May 19. A drop of that magnitude from a new high may be a market correction, a brief, jarring plunge in value that often forces investors to reassess…

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August
17

Provided by: Jon McGraw

China’s Economic Slowdown May Be Sign of Recession

Stock markets in the United States got off to a good start last week, heading higher before stumbling over China’s currency news. China, which has one of the world’s largest and fastest growing economies, is experiencing a slowdown in economic growth. The Economist reported that data released last week showed “… an 8 percent fall…

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August
10

Provided by: Jon McGraw

Markets Prepare for Interest Rate Liftoff

Back to school … back to higher interest rates? After a solid July jobs report arrived on Friday—215,000 new jobs were created, and unemployment remained at 5.3 percent—analysts were pretty confident there would be ample support for a Federal Reserve rate increase (aka liftoff) in September. Bloomberg reported that the odds of a September liftoff…

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August
05

Provided by: Jon McGraw

Life Insurance and Estate Planning

The loss of a loved one is devastating. Adding to the stress and pain, financial burdens can accumulate quickly, from funeral expenses and medical bills to loss of income. Life insurance policies are designed to offset this burden by providing both short-term alleviation and long-term financial security. Unfortunately, many Americans do not fully understand the…

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August
03

Provided by: Jon McGraw

The Market Is Flat

It’s a rare occurrence—something that has happened just 12 times since 1926, according to Fortune—but the Standard & Poor’s 500 Index (S&P 500) has remained in a narrow trading range for seven months. For every sector that has delivered performance gains (for instance, health care, software and consumer discretionary), there has been one with losses…

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