by MRA Advisory Team | Jul 11, 2022 | Weekly Market Update
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... 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... by MRA Advisory Team | Jun 15, 2022 | Bear Market
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... by MRA Advisory Team | Jun 13, 2022 | Inflation
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... by MRA Advisory Team | Jun 8, 2022 | Joseph Verile, CRPC®, Planning, Portfolio, Retirement, Retirement Planning
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... by MRA Advisory Team | Jun 6, 2022 | Weekly Market Update
Investors swallowed modest losses last week as the stock market served up another disappointing performance. Each of the benchmark indexes listed here lost value, with the S&P 500 declining 1.2%, the Nasdaq pulling back 1.0%, and the Dow falling 0.9%. The Global...