Stocks performed well in February, with most markets up in the low- to mid-single digits. The Nasdaq and emerging markets did especially well, but fixed income declined as interest rates rose. Job, income, and spending growth remained positive, but these results kept inflation up.
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Economic Release Snapshot: Personal Income and Spending Grow in January
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
A Start to Remember for the Markets
In my last blog, I talked about how strong Januarys historically tend to lead to strong returns throughout the remainder of the year. But I also noted there could be a bit of volatility in February. To my surprise, this turned out to be one of the better Februarys the S&P 500 has ever had, finishing the month up 5.17 percent.
Economic Release Snapshot: Existing Home Sales Rise in January
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
A Portfolio Manager’s View on Markets
Most people know Yogi Berra as the Hall of Fame catcher and 10-time World Series champion with the New York Yankees. Many also know him as an unintentional philosopher, with famous quotations including “It’s like déjà vu all over again.” One Yogi saying I find myself thinking about frequently is this: “No one goes there anymore. It’s too crowded.” Here, Yogi was referring to a popular restaurant in Fort Lauderdale where the Yankees were having spring training. But it seems applicable to the conversations that we have daily.
Economic Release Snapshot: Inflation Comes in Hot in January
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Olivia has joined Riverstone Wealth Partners providing knowledge gained from her 15 plus years in management. Olivia has provided services within the financial industry, mortgage industry, and in the non-profit sector. Olivia thrives on providing stellar customer service, accomplishing all goals set before her, and doing the right thing. Olivia’s degree in Business Management allowed her to take on roles that ultimately led her to Riverstone Wealth Partners. Olivia is currently pursuing another degree with an emphasizes in Human Resources, which she has learned over time… is her passion!
Director of Operations
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Alec joined Riverstone after starting out his post college career on the operations side of an international logistics company working as an account executive. Graduating with a BA in Economics from the University of Illinois at Urbana-Champaign, he quickly developed a strong interest in the financial world. A lifetime resident of the Chicagoland area, Alec is an avid fan of his hometown sports teams. He is also an enthusiast of outdoor activities like fishing, camping, and hiking whenever possible.
Carol has a wide variety of experiences and has worked mainly with not-for-profit organizations. She spent 20 years in fundraising and 15 years teaching in the Illinois school system while she raised her younger children. Carol lives in Sugar Grove with her husband, Ron, and their Golden Retriever, Charley. She has four children and two grandchildren. When she’s not working, Carol enjoys spending time with friends and family, running, fishing, bible study, and watching her grandchildren play sports.
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor Assistant
Registered Relationship Assistant