Mukilteo financial advisor Paul Ellis prioritizes family and community
MUKILTEO—For many years, Paul Ellis, Founder and owner of the Mukilteo-based Ellis Wealth Management LLC, had his heart set on joining the military to serve his country; but it seems life had different plans. Through a series of events, he founded Ellis Wealth Management in 2014, quickly establishing itself as one of the top 10 […]
The Frustrations of Poor Customer Service: Why the Personal Connection Matters
In today’s hyper-connected world, businesses often tout their commitment to customer satisfaction and service excellence. Yet, many customers frequently encounter frustrations that paint a very different picture. From endless phone menus to automated responses that fail to address individual concerns, the modern customer service experience can sometimes feel like an obstacle course designed to test […]
Weekly Market Insights: Boost early last week keeps markets ahead
A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index increased 0.73% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, gained 3.42%.1,2,3 Stocks Start […]
Weekly Market Insights: Stocks Dip on Inflation Report
A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped 5.05%. The Nasdaq Composite index slid 5.60% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, declined 1.81%.1,2,3 Inflation Upends […]
Weekly Market Insights: Recession Concerns Rising
Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower. The Dow Jones Industrial Average fell 2.90%, while the Standard & Poor’s 500 lost 3.05%. The Nasdaq Composite index dropped 3.82% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, gained 0.84%.1,2,3 Trending Lower Stock prices […]
Weekly Market Insights: Tighter Money Policy, Market Drops
With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard & Poor’s 500 declined 0.21%. The Nasdaq Composite index dropped 1.54% for the week. The MSCI EAFE index, which tracks developed […]
Weekly Market Insights: Economy Slows; Stocks Retreat
On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April. The Dow Jones Industrial Average declined 2.47%, while the Standard & Poor’s 500 tumbled 3.27%. The Nasdaq Composite index dropped 3.93% for the week. The MSCI EAFE index, which tracks developed overseas stock […]
Weekly Market Insights: Powell Favors Quick Movement
Hawkish comments from Fed Chair Jerome Powell overshadowed many largely positive earnings results, sending stocks lower for the week. The Dow Jones Industrial Average declined 1.86%, while the Standard & Poor’s 500 dropped 2.75%. The Nasdaq Composite index fell 3.83% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, advanced 0.50%.1,2,3 […]
Weekly Market Insights: Earnings Season Begins
Stocks posted losses in a holiday-shortened trading week as the first-quarter earnings season kicked off and investors digested new inflation data. The Dow Jones Industrial Average declined 0.78%, while the Standard & Poor’s 500 fell 2.13%. The Nasdaq Composite index dropped 2.63% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […]
Gridlock in the Supply Chain: The port crisis continues
While the world has begun to recover from the economic disruption of the COVID-19 pandemic, the delayed reaction has been felt in the supply chain. Industrial shutdowns around the world slowed production to a relative crawl, leaving many businesses struggling to meet consumer demands, both during lockdowns and since. Challenges continue, even as manufacturing picks […]
