Weekly Updates

Weekly Update: February 22, 2021-Rising Inflation Concerns, Plus SFG News and Events

February 23, 2021


Table of Contents



Rising Inflation Concerns


Food for Thought


Tax Tips


Healthy Living


Weekly Riddle


Photo of the week


Rising Inflation Concerns

Mixed Signals
The 10-year Treasury Note yield hit its highest level in a year last week on worries of a pick-up in inflation, while the 30-year Treasury Bond yield ticked over 2.0%. Rising yields weighed on the high-valuation growth stocks, most specifically the big tech names, in addition to dragging down interest rate sensitive sectors, like utilities and real estate investment trusts (REITs).
Economic data painted a mixed picture of the economy. Jobless claims reflected a still-struggling labor market while a strong retail sales number and…

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Weekly Update: February 16, 2021-Fed Chair Says No Change For Now, SFG News and Events

February 16, 2021


Table of Contents



Fed Chair Says No Change For Now


Food for Thought


Tax Tips


Healthy Living


Weekly Riddle


Photo of the week


Fed Chair Says No Change For Now

Stocks powered higher to begin the week, buoyed by rising confidence in economic recovery and the potential for another round of fiscal stimulus. Small cap stocks continued their 2021 rally as investors looked for out-of-favor names that might benefit from an economic rebound.
Stocks traded in a tight range through the remainder of the week. Investors appeared to digest current stock price valuations, wondering if the market had already “priced in” the optimism of a rebounding economy.
On Wednesday, Fed Chair Powell gave assurances that the Fed’s rate policy would remain unchanged for the foreseeable future. Some fear that inflation may pick…

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Weekly Update: February 8, 2021-Markets Go Back to Basics, SFG News and Events

February 9, 2021


Table of Contents



Markets Go Back to Basics


Food for Thought


Tax Tips


Healthy Living


Weekly Riddle


Photo of the week


Markets Go Back to Basics

Stocks notched strong gains last week, paced by a string of solid economic reports and consensus-beating corporate earnings.
The Dow Jones Industrial Average gained 3.89%, while the Standard &
Poor’s 500 advanced 4.65%. The Nasdaq Composite index jumped 6.01%
for the week. The MSCI EAFE index, which tracks developed overseas
stock markets, climbed 1.96%.

Bull Story Remains Intact
As the social media trading frenzy fizzled, investors were able to focus on
more fundamental issues, like economic data and a fresh batch of
corporate earnings. Pleased by an economy that appeared to be growing
stronger, coronavirus cases in decline, and an improving vaccine rollout,
investors bought…

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Weekly Update: February 1, 2021-Unexpected Trading Rattles Market, SFG News and Events

February 2, 2021


Table of Contents



Unexpected Trading Rattles Market


Food for Thought


Tax Tips


Healthy Living


Weekly Riddle


Photo of the week


Unexpected Trading Rattles Market

Despite strong corporate earnings, stock prices closed lower after a volatile week of trading triggered by unprecedented activity in a handful of companies.
The Dow Jones Industrial Average lost 3.27%, while the Standard & Poor’s 500 fell 3.31%. The Nasdaq Composite index dropped 3.49% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 1.83%.

Bull Market Takes a Breather
On Monday, the S&P 500 and NASDAQ Composite overcame early losses to post new all-time highs.
Stocks rode a roller coaster on Wednesday, falling sharply despite above-consensus earnings results, only to come roaring back the following day. Stocks suffered another broad retreat on Friday, sending the major indices to their…

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Weekly Update: January 26, 2021- Optimism Stimulates Markets, SFG News and Events

January 26, 2021


Table of Contents



Market Insights, SFG News and Events


Food for Thought


Tax Tips


Healthy-Living


Weekly-Riddle


Photo-of-the-week


Optimism Stimulates Markets

Anticipation of a new fiscal stimulus and improved vaccine distribution powered stocks to fresh record highs last week with technology stocks leading the way.p>

The Dow Jones Industrial Average gained 0.59%, while the Standard &
Poor’s 500 picked up 1.94%. The Nasdaq Composite index led, gaining
4.19% for the week. The MSCI EAFE index, which tracks developed
overseas stock markets, rose by …p>

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January 19, 2021- Market Insights, SFG News and Events

January 19, 2021


Table of Contents



Market Insights, SFG News and Events


Food for Thought


Tax Tips


Healthy-Living


Weekly-Riddle


Photo-of-the-week


Market Insights

The Dow Jones Industrial Average lost 0.91% while the Standard & Poor’s
500 slid 1.48%. The Nasdaq Composite index stumbled 1.54% for the
week. The MSCI EAFE index, which tracks developed overseas stock
markets…

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Weekly Update: January 11, 2021-Markets Start 2021 on a High Plus SFG News and Events

January 12, 2021


Table of Contents



Featured Article: Markets Start 2021 on a High Plus SFG News and Events


Economic Calendar


Quote of the Week


Recipe of the Week: FETTUCCINE WITH CHICKEN SAUSAGE, KALE, AND CANNELLINI BEANS


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Markets Start 2021 on a High

Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick off a new year of trading.
The Dow Jones Industrial Average gained 1.61%, while the Standard & Poor’s 500 increased by 1.83%. The Nasdaq Composite index, which led throughout 2020, picked up 2.43%. The MSCI EAFE index, which tracks developed overseas stock markets, rose 1.45%.

Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick off a new year of trading.
The Dow Jones Industrial Average gained 1.61%, while the Standard & Poor’s 500 increased by 1.83%. The Nasdaq Composite index, which led throughout 2020, picked up 2.43%. The MSCI EAFE index, which tracks developed overseas stock markets, rose 1.45%.

Fireworks to Start the New Year
Stocks got off to an inauspicious start amid the stuttering pace of vaccine distribution and concern that the economic recovery might take longer than anticipated. Uncertainty over the looming Senate runoff election in Georgia added to the broad retreat that marked the first day of 2021 trading.

From there markets turned higher, aided by firming oil prices with subsequent support provided by the Georgia Senate election results, which lifted hopes of additional fiscal stimulus. Stocks managed through political unrest mid-week, with banks, economically sensitive stocks, and technology shares leading the way.

The yield on the 10-year Treasury rose above 1% for the first time since March as investors fled bonds in anticipation of…

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Weekly Update: January 4, 2021 – The Year in Review and SFG News

January 4, 2021


Table of Contents



Featured Article: The Year in Review and SFG News


Economic Calendar


Quote of the Week


Recipe of the Week: Slow Cooker Sauerkraut and Kielbasa


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


The Year in Review and SFG News

Stocks moved higher during a holiday-shortened week of trading, capping off a turbulent, but otherwise strong year for equity investors.

The Dow Jones Industrial Average gained 1.35%, while the Standard & Poor’s 500 increased by 1.43%. The Nasdaq Composite index, which led all year, added 0.65%. The MSCI EAFE index, which tracks developed overseas stock markets, rose 2.02%.

The Year in Brief
The global pandemic disrupted economies, financial markets, and daily life in 2020. Households and businesses were put to the test during the toughest and grimmest years in decades. The winter brought a resolution to the U.S.-China tariff dispute, the Brexit referendum, and the first U.S. appearance of…

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Weekly Update: December 21, 2020 – Vaccine Rollout Spurs Markets and SFG News

December 21, 2020


Table of Contents



Featured Article: Vaccine Rollout Spurs Markets and SFG News


Economic Calendar


Quote of the Week


Recipe of the Week: Brown Sugar-Glazed Carrots


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Vaccine Rollout Spurs Markets and SFG News

Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill.

The Dow Jones Industrial Average, which has lagged all year, gained 0.44%. The Standard & Poor’s 500 picked up 1.25% while the Nasdaq Composite index surged 3.05%. The MSCI EAFE index, which tracks developed overseas stock markets, rose 2.44%.

Stocks Climb Higher
In a week that celebrated the national rollout of a COVID-19 vaccine, market enthusiasm was tempered by worries of infection caseload and fresh economic lockdowns.
Investors turned their focus to the fiscal stimulus negotiations in Washington, D.C., with the hope that a relief bill may be the bridge that gets the economy over its near-term troubles until…

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Weekly Update: December 14, 2020 – Cases Rise, Stocks Retreat and SFG News

December 15, 2020


Table of Contents



Featured Article: Cases Rise, Stocks Retreat and SFG News


Economic Calendar


Quote of the Week


Recipe of the Week: Breakfast Quesadilla


Tax Tips


Golf Tips


Healthy Lifestyle


Green Living


Cases Rise, Stocks Retreat

Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill.
The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The Nasdaq Composite index fell 0.69% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, declined 0.05%.

Stimulus Stalls, Stocks Stumble
The market grappled all week with worries over rising COVID-19 cases and the
economic restrictions that followed. Nevertheless, there were moments of optimism—
such as the starting of vaccinations in the U.K.— that drove markets to record highs.

But gains could not be sustained as an agreement on a fiscal stimulus bill remained
elusive and daily news regarding COVID-19 cases undermined investor sentiment.

Markets were also challenged by having to absorb a number of new and secondary
stock offerings last week, including two high-profile technology IPOs. The Energy sector
continued its…

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