July 2, 2018 Weekly Market Update

July 2, 2018 Weekly Market Update

Week in Review Trade tensions continued to plague market sentiment as major global stock indices moved lower during the week. The week began on a negative note as the Trump administration threatened to block Chinese access to US technology, causing the tech-heavy NASDAQ composite to fall more than 2% on Monday. However, broad markets were ... Read More
 
June 26, 2018 Weekly Market Update

June 26, 2018 Weekly Market Update

Week in Review Equity markets were mostly negative for the week as trade tensions continued to intensify. Following China announcing it may retaliate with tariffs on US exports, President Trump announced the administration would look into higher tariffs on an additional $200 billion in Chinese imports. The back-and-forth dialogue between the US and China has ... Read More
 
June 18, 2018 Weekly Market Update

June 18, 2018 Weekly Market Update

Markets were mostly stable during the week, barring a handful of intraday movements, as investors digested major macroeconomic events. As expected, the Federal Reserve (Fed) announced its second rate hike of the year, increasing the federal funds rate by a quarter of a percent to a range of 1.75% to 2.00%. However, while many investors ... Read More
 
May 15, 2018 Weekly Market Update

May 15, 2018 Weekly Market Update

Broad US equity markets experienced their strongest week since early March, pushing all major indices back into positive territory year-to-date. While there did not appear to be any major catalyst driving markets higher, investors seemed to be less deterred by geopolitical events than what has been experienced since the February correction. On Tuesday afternoon, President ... Read More
 
May 10, 2018 Weekly Market Update

May 10, 2018 Weekly Market Update

The US economy added 164,000 jobs in April. Though this fell slightly short of the expected 193,000, the overall trend in job creation remains positive as the year-to-date average is still above 200,000. With the continued healthy pace of job creation, the unemployment rate dropped to 3.9% – its lowest level since December 2000. As ... Read More
 
May 2, 2018 Weekly Update

May 2, 2018 Weekly Update

Broad markets were slightly negative for the week as rising rate concerns offset strong earnings and economic data. On Tuesday, the 10-year treasury yield officially reached the psychological threshold of 3% for the first time since January 2014. As rates continued to rise early in the week, equity markets slumped as investors feared higher interest ... Read More
 

401k Plan Options

Our constant approach to serving physicians is education. In light of this approach, Physicians Thrive wanted to share some information regarding all the options for managing retirement plans from former employers. Keep in the old 401k or Rollover into your new employer’s plan Each 401k provider has a “menu of investments” that participants can choose from. ... Read More
 
April 23, 2018 Weekly Update

April 23, 2018 Weekly Update

Week in Review Global equity markets were positive for the week as stronger-than-expected earnings reports and solid economic data supported gains. The strong start to Q1 earnings season was a welcome distraction from the recent whirlwind of geopolitical uncertainties, with the six largest US banks reporting growth of 24% compared to the 17% expectation. While ... Read More
 
April 17, 2018 Weekly Update

April 17, 2018 Weekly Update

Broad equity markets experienced strong gains during the week as investors geared up for the start of Q1 2018 earnings season. Bolstered by a sturdy economy and December’s corporate tax cuts, the blended earnings growth rate for the S&P 500 is expected to be 17.3%, which would mark the strongest quarter of growth since Q1 ... Read More
 
It’s Tax Season: How Will the Big Changes Affect Physicians?

It’s Tax Season: How Will the Big Changes Affect Physicians?

April 17th is right around the corner, and everyone is talking about the new tax laws. Here are the key takeaways to help you understand the changes and maximize your return as a practicing physician. Small businesses are getting bigger breaks with the business income left after you pay yourself a salary. Affecting self-employed physicians, ... Read More
 
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