What the fed’s rate cut means for investors & borrowers
Read what GSB Wealth’s Daniel Clarke had to say about the U.S. Federal Reserve’s recent decision to cut interest rates, marking a significant shift in monetary policy with wide-reaching implications for the global economy. While the Fed’s primary focus is on fostering growth and curbing inflation, this move has sparked reactions across markets, affecting investors, borrowers, and […]
Market Review – August 2024
After a dramatic selloff in global markets at the beginning of the month, driven by fears surrounding the U.S. economy, markets have largely stabilized. Major U.S. indexes have reclaimed their lost ground and recorded their best two-week performance of the year. The Nasdaq surged by 8.13%, while the S&P 500 rose by 7.8% from its […]
Why investors should focus on time in the market amid volatility
Read here what GSB Wealth’s Daniel Clarke had to say about this week’s latest stock market updates. In this article, we will discuss: Why market downturns are completely normal The potential for interest rate cuts Putting recent economic numbers in perspective The importance of focusing on time in the market, not timing the market […]
Market Review – July 2024
For the month, the small-cap Russell 2000 index has produced returns of over 10%, outperforming both the S&P 500 and Nasdaq indices. The S&P 500 is reporting a mixed bag of results for the second quarter of 2024. Despite this mixed picture, the index constituents are reporting higher earnings for the second quarter, achieving their […]
Market Review – June 2024
The US indices, both S&P 500 and Nasdaq broke their latest records last week, with returns of 3.7% and 5.8% for the month. Nvidia, being the artificial intelligence torchbearer, briefly took the spot as the world’s most valuable company as its market capital surpassed Microsoft’s. At the peak of its frenzy, it was more valuable […]
Market Review – May 2024
As we inch closer to completing the first half of 2024, the US economy continues to surprise to the upside, while stocks flirt with all-time highs. Wall Street’s three major indexes returned record gains this month with technology stocks taking the lead. The S&P 500 advanced 5% in May, and the Nasdaq Composite rallied approximately […]