Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.
Presented by Mark Gallagher Consumer confidence continued to struggle; the Conference Board’s gauge of future expectations fell to a 12-year low. U.S. equities moved lower amid tariff concerns and a hotter-than-expected inflation report. The focus this week will be Institute for Supply Management (ISM) reports, trade data, and the March employment report. Quick Hits Report […]
read more >Presented by Mark Gallagher The economy added a solid 151,000 jobs in February. Concerns over economic softening and tariff volatility affected U.S. stocks. Data this week will focus on small business confidence, inflation, and consumer sentiment. Quick Hits Report releases: The economy added a solid 151,000 jobs last month. Financial market data: Concerns over economic […]
read more >Presented by Mark Gallagher Consumer and producer prices rose more than expected, leading to questions about the potential reacceleration of inflation. In equity markets, technology (paced by Nvidia and Apple) and international stocks led the way. The Treasury yield curve was little changed. Quick Hits Report releases: Consumer and producer prices rose more than expected. […]
read more >Presented by Mark Gallagher Economic data was mixed, with stronger-than-expected existing home sales and a softer-than-expected Purchasing Managers Index (PMI). International markets fared well, thanks to a softer U.S. dollar and better-than-feared tariff policy. Bonds were little changed. Quick Hits Report releases: Existing home sales grew for the third consecutive month. Financial market data: International […]
read more >Presented by Mark Gallagher Equities continued their rally; sectors that benefited from more persistent inflation outperformed. Treasuries were little changed as investors look toward this week’s inflation data. Quick Hits Report releases: Consumer inflation improved modestly in April. Financial market data: Soft data supported stocks and bonds. Looking ahead: Investors await this week’s Federal Open […]
read more >Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for December. It was a great close to 2019, with U.S. markets up more than 20 percent and international markets showing double-digit gains. Job growth was strong, and, for the ninth month in a row, income and spending went up. New home sales were at […]
read more >Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for January. It was a great month for the financial markets. Despite the government shutdown, signs of an economic slowdown, and dropping consumer and business confidence, U.S. and international markets were up. Plus, job and wage growth were strong, and companies made more money than […]
read more >Brad McMillan, Commonwealth’s CIO, recaps market and economic news for December. It was another bad month in a string of bad months, with U.S. markets down about 10 percent and international markets faring only a bit better, down 5 to 6 percent. A combination of bad news, from a government shutdown, to the ongoing trade […]
read more >Presented by Mark Gallagher At the start of 2023, we saw dire headlines about the economy and the markets despite positive economic data. Ultimately, the results this year followed the data, not the headlines. Yes, there were (and are) many concerns and risks. As long as the data stays solid, however, so should the results. […]
read more >In 2022, we faced rising prices, market volatility, and recession fears. Can we expect some good news in the new year? We always strive to keep you informed and help you stay on track toward your long-term financial goals. Today, we present a 2023 outlook provided by Brad McMillan, CFA®, CAIA, MAI, chief investment officer […]
read more >CLICK HERE -> Generic Tax Organizer 2021 <- FOR THE 2022 TAX SEASON Another tax filing season is fast-approaching. We hope your 2022 new year is off to a great start. Our entire staff appreciates having you among our good and loyal clients – thank you! As was the case last year, Gallagher Financial […]
read more >Click here -> Generic Tax Organizer 2020 for the 2021 Tax Season After a rollercoaster year, the 2021 tax filling season is fast-approaching once again. Without a doubt, the Covid-19 pandemic has introduced a paradigm shift in our daily routines! As we all adapt to what’s been deemed “the new normal”, Gallagher Financial Services is […]
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