by MRA Advisory Team | Jul 5, 2022 | Quarterly Market Update
For the first time since 2015, each of the benchmark indexes lost value for two consecutive quarters. They also posted losses for June, marking three consecutive down months for the tech-heavy Nasdaq, its longest losing streak since 2015. Investors watched for signs...
by MRA Advisory Team | Jun 30, 2022 | 401(k), Financial Planning, Investments, Retirement, Uncategorized
At one time, the only way you could join your company’s 401(k) plan, 403(b) plan, or 457(b) plan was to put pen to paper and sign yourself up by filling out the appropriate forms. Now, though, in an effort to help participants increase their retirement savings,...
by MRA Advisory Team | Jun 29, 2022 | Uncategorized
Nick Pirsos, Wealth Advisor at MRA Advisory Group, gives his thoughts on the market. Below is Nick’s June recap. Nick offers a complimentary first meeting (via the link below), learn more about him and schedule your complimentary meeting today for assistance in...
by MRA Advisory Team | Jun 27, 2022 | Weekly Market Update
The stock and bond markets were closed last Monday to observe the Juneteenth federal holiday. Then, after three weeks of bruising losses, stocks rebounded over the next four days to deliver solid gains. Investors hung on every word during Fed Chair Jerome...
by MRA Advisory Team | Jun 22, 2022 | Inflation
Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. “At the Fed, we understand the hardship high inflation is causing. We are...
