The Weekly UPdate, May 2024

Weekly UPdate articles from May 2024, newest first.

Markets and Economy

Consumer Are Uncertain of the Future

Last week the Institute for Social Research (ISR) of the University of Michigan released their monthly report on consumer sentiment. The monthly report and its index are based on the responses from US households by phone

Anton Bayer · May 29, 2024 · 5 min read

Markets and Economy

Stock Market Rolls On

In March 2022, Jerome Powell, Federal Reserve Chairman, and his Federal Open Market Committee (FOMC) commenced with a rate hike campaign to reduce a quickly rising inflation rate. Not a moment too soon as inflation as me

Anton Bayer · May 22, 2024 · 4 min read

Markets and Economy

Small Business Owners Still Glum

Today the National Federation of Independent Business (NFIB) released their April report of the small business optimism index. The index ticked up to 89.7 from 88.5 reading in March which was ahead of general Econoday fo

Anton Bayer · May 15, 2024 · 5 min read

Financial Planning

Secrets to Building Wealth

This weekend, Matt Marmorstein and I attended the Annual Urology Association conference. We attend medical conferences to meet doctors who represent a large percentage of our clients and assets under management.

Anton Bayer · May 8, 2024 · 6 min read

Markets and Economy

Consumers Earning and Spending More

Yesterday the Bureau of Economic Analysis released its monthly report on consumer income and spending. The report indicated that personal income rose 0.3% and has increased each month now for 24 consecutive months which

Anton Bayer · May 1, 2024 · 4 min read

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