MRA Advisory News
MRA Advisory News
Market Recap: Week Ending July 8, 2022
Last Friday's strong jobs report may have alleviated fears of a recession for the time being, but it also likely supported a more aggressive response from the Federal Reserve as it tries to dampen rising inflation. Stocks started July on a strong note, with each of...
Quarterly Market Update: April – June 2022
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...
What To Do After You’ve Been Automatically Enrolled in Your Company’s Retirement Plan
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, more...
Nick Notes: 2H22 Outlook – Is It Safe to Come Out?
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...
Market Recap: Week Ending June 24, 2022
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 Powell's two...
Jerome Powell says Fed is Committed on 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...
What is a Bear Market? And What Should You Do Now?
It’s official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the S&P 500. U.S. stocks on Monday entered a bear market because the S&P 500 closed...
High Inflation: How Long Will It Last?
In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It's not surprising that a Gallup poll at the end of March found that one out of six...
Joe Verile, CRPC® Talks Investing
Joe discusses compound interest and how to beat inflation. Getting started early is one way to start "thinking like a billionaire". For more in-depth information, and to learn more about investing, schedule a meeting with Joe at https://mraadvisory.com/joeverile/ to...
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