Market Currents Heading towards a Strong Finish. The Dow Industrials and S&P 500 index reached new highs on the back of improved prospects for passage of tax legislation and further evidence of a solid macro backdrop. The tech-heavy NASDAQ index, after leading for the better...
Market Currents Holding Steady. September – historically the worst month of the year – brought little in the way of stock market weakness. The year thus far has been marked by historically low volatility. Although there was plenty of news, including devastation from...
To Our Clients and Friends: There are a lot of great things happening at Ascent these days, we thought we’d share a few! Recognized as a “Top 25 Financial Planning & Wealth Management Firm” Ascent was recently named by the Albany Business Review as a “Top 25...
Market Currents Holding Steady. Though nerves were no doubt rattled, the equity markets nonetheless shown incredible resilience in a period that was marred by perhaps the costliest hurricane in U.S. history, acts of intimidation from a Far Eastern rogue nation, and a political climate...
Market Currents Mid-Year Report. The equity markets continued to perform well this year, posting several new highs during the period. Bond markets, too, have been steady, with rates gently falling through most of the first half. Synchronized Global Growth. Equity performance...
Our Key Takeaways at Mid-Year – Equity markets are hovering near their all-time highs – International stocks have been more competitive during the past 12 months, following years of slack results – The market’s post-election enthusiasm has shown signs of fading, amid White...
Market Currents Record Highs. Equity markets, driven by strong corporate earnings, favorable political developments from Europe, and a tax proposal to cut corporate and personal rates, have reached fresh new highs. The tech-heavy NASDAQ index, in particular, saw significant...
In the seven years of the Affordable Care Act (ACA, or “Obamacare”), House Republicans voted in excess of seventy times to tweak, amend, or outright repeal President Obama’s signature legislation. However, in their first opportunity to craft legislation that could pass both chambers of Congress...
Market Currents Stalling Markets? After rallying steadily since the election, the stock market has consolidated its gains in recent weeks. The Dow Jones Industrial Average has stitched together eight consecutive days of modest declines, while other averages have tilted between...
Market Currents Global markets gaining ground. Despite the politics dominating investor discussions, global equity markets ended the month of February higher, supported by solid economic data both in the U.S. and abroad. The Dow Jones Industrial Average finished the month up more...