Introduction – The Social Security Administration (SSA) recently announced a cost-of-living adjustment (COLA) of 2.8% for Social Security claimants starting in January 2026. Whether you’re close or far away from retirement, there’s never a better time to start planning your optimal Social Security strategy. Every person who has worked 40 quarters, a minimum of …
Less Scary
The September Consumer Price Index (CPI) report provided a calmer outlook on inflation and gave investors confidence the Federal Reserve can lower interest rates at this week’s Federal Open Market Committee (FOMC) meeting. For the week, the S&P 500 Index was +1.9%, the Dow Jones Industrials +2.2%, and the NASDAQ +2.2%. The Technology, Energy, …
Restless Calm
A continued U.S. government shutdown kept investors in the dark on economic data last week and potential weakness in some areas of the credit market raised the concern over potential contagion. Still, for the week, the S&P 500 Index was +1.7%, the Dow Jones Industrials +1.6%, and the NASDAQ +2.5%. The Communication Services, Real …
Flare Up
A flare up in U.S. – China trade led to a sharp decline into Friday’s close. For the week, the S&P 500 Index was -2.4%, the Dow Jones Industrials -2.7%, and the NASDAQ -2.3%. The Utility, Consumer Staples, and Health Care sectors led the S&P 500 Index for the week, while the Energy, Consumer …
Closed
A government shutdown did not prevent equity markets from registering gains. For the week, the S&P 500 Index was +1.1%, the Dow Jones Industrials +1.1%, and the NASDAQ +1.2%. The Health Care, Utility, and Technology sectors led the S&P 500 Index for the week, while the Energy, Communication Services, and Consumer Discretionary sectors lagged. …
Maximizing Debt Payoff Strategies
Introduction – The journey to becoming debt-free can feel daunting, but with the right strategies and financial planning tools at your disposal, achieving that goal is not only possible but also more efficient. High-interest debt can be a heavy burden, siphoning away hard-earned income through fees and charges that seem to grow each month. …
Shutdown Drama
Stocks took a break from the recent rally. For the week, the S&P 500 Index was -0.3%, the Dow Jones Industrials -0.1%, and the NASDAQ -0.5%. The Energy, Utility, and Real Estate sectors led the S&P 500 Index for the week, while the Communication Services, Materials, and Consumer Discretionary sectors lagged. The 10-year U.S. …
Easing Into It
The Federal Reserved lowered short-term interest rates by 0.25% and equity markets responded with gains. For the week, the S&P 500 Index was +1.2%, the Dow Jones Industrials +1.1%, and the NASDAQ +2.2%. The Communication Services, Technology, and Consumer Discretionary sectors led the S&P 500 Index for the week, while the Consumer Staples, Real …
Here Comes the Fed
Markets were buoyed last week by economic data that could favor a reduction in interest rates at the upcoming Federal Reserve meeting. For the week, the S&P 500 Index was +1.6%, the Dow Jones Industrials +1.0%, and the NASDAQ +1.9%. The Technology, Utility, and Energy sectors led the S&P 500 Index for the week, …
NovaPoint at AUSA Annual Meeting & Exposition
NovaPoint supports the Association of the United States Army (AUSA) and its members as part of its member benefits program. Several NovaPoint team members will be at the AUSA Annual Meeting & Exposition in Washington, D.C. from October 13th to 15th. Stop by and visit with us in the Affinity Partner Area of the …
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