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, […]
Weekly Market Insights: Ukraininan War Stresses Economy
War in Ukraine weighed on stocks as investors assessed the economic impact of continued hostilities, expanding economic sanctions, and potentially higher inflation due to rising oil prices and new stresses on the global supply chain. The Dow Jones Industrial Average fell 1.30%, while the Standard & Poor’s 500 lost 1.27%. The Nasdaq Composite index slid […]
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 […]
EWM INSIGHTS: Guest Howard Fraser, Managing Director at Longboard Asset Management
Ellis Wealth Management, LLC presents EWM INSIGHTS, a content-rich lifestyle podcast that goes beyond the checklists, to-do lists, and mere financial markets to celebrate HUMAN CAPITAL. Throughout INSIGHTS, Paul Ellis speaks with various professionals, coaches, experts, artists, and every day people to explore the riches that come from our collective journey. EWM INSIGHTS Episode 14 […]
The Investment of Fatherhood
By Paul Ellis, CIMA®, Ellis Wealth Management Everywhere you can see advertisements designed to sell you something: A luxury vehicle, vacation, timepiece or the latest technology. Perhaps it’s a professional service or a perfect smile. Very few of these items I would consider investments. Why? Because a vehicle, as beautiful as it may be, is […]
Mukilteo narrowly adopts Housing Action Plan
MUKILTEO, Wash., June 9, 2021 – The Mukilteo City Council passed its Housing Action Plan (HAP) with a vote of 4-3 during its four-and-a-half hour contentious Business Meeting on June 7. Councilmembers Sarah Kneller, Elisabeth Crawford, Richard Emery and Councilman Louis Harris voted for the adoption of the HAP. Councilmen Joe Marine, Bob Champion and […]
Money Matters: Buffett and Powell talk inflation
What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest people and most frequently sought opinions on business matters, he’s a voice that gets a […]
Guarding against identity theft
By Paul Ellis, CIMA® | Ellis Wealth Management Group America is enduring a data breach problem. As many workers traded in the office for remote work, data security has been a focus for the public and private sectors. Between robocalls pitching low-cost health insurance, pretending to be the I.R.S., or offering “work from home” opportunities, […]
