Archive For: Uncategorized

October 23, 2018 Weekly Market Update

October 23, 2018 Weekly Market Update

Global stocks were mixed during the week as third-quarter earnings helped provide support following the previous weeks’ sell-off. Q3 earnings season is picking up steam as 17% of companies in the S&P 500 have reported results for the quarter. Of the companies that have reported, 80% have beaten earnings expectations. The blended quarterly earnings growth ... Read More
 
October 15, 2018 Weekly Market Update

October 15, 2018 Weekly Market Update

Stocks were sharply negative, marking the largest weekly loss for major indices since March. Global stock markets plunged on Wednesday and Thursday as investors fled riskier asset classes and flocked to safe-haven investments. Over the two-day period, major US stock indices dropped over 5%. While there did not seem to be a single cause for ... Read More
 
October 10, 2018 Weekly Market Update

October 10, 2018 Weekly Market Update

Global markets traded lower for the week as interest rates spiked to seven-year highs following strong jobs data. The 10-year treasury yield closed at 3.23% on Friday – the first time interest rates have reached this level since 2011. Only a month ago, the 10-year treasury yield was as low as 2.90%. A sharp upward ... Read More
 
September 25, 2018 Weekly Market Update

September 25, 2018 Weekly Market Update

Broad stock markets advanced for the week as investors looked past rising interest rates and trade tensions. The Dow Jones Industrial Average reached its first record high since late January as trade-sensitive stocks experienced strong gains. On Monday, the Trump administration announced the implementation of 10% tariffs on $200 billion in Chinese goods. If a ... Read More
 
September 17, 2018 Weekly Market Update

September 17, 2018 Weekly Market Update

Global stocks experienced gains as the potential for renewed US – China trade discussions boosted markets. With a lull between Q2 and Q3 earnings season, trade tensions have dominated headlines and caused increased volatility so far in September. However, stock markets received some relief after it was announced the US and China were open to ... Read More
 

3 tips for picking disability insurance

Disability insurance is not on most people’s radar, but for physicians, it’s a must. As a young physician, your greatest asset is the ability to go to work and generate an income. Disability insurance protects this asset by providing you an income even if you become sick or injured. It can be hard to know where ... Read More
 
September 4, 2018 Weekly Market Update

September 4, 2018 Weekly Market Update

Stocks jumped higher early in the week on optimism regarding US – Mexico trade talks. However, investor sentiment fell later in the week as Canada failed to reach an agreement in the deal which is hoped to eventually replace NAFTA. Furthermore, President Trump announced he is considering implementing $200 billion of new tariffs on Chinese ... Read More
 
August 28, 2018 Weekly Market Update from Physicians Thrive

August 28, 2018 Weekly Market Update from Physicians Thrive

The widely followed S&P 500 Index reached a new all-time-high, officially putting an end to the correction that started early in the year. Since closing at 2,872.87 on January 26, the S&P 500 has struggled to find positive momentum. By February 8 (just 9 trading days later), the Index had dropped over 10%, entering official ... Read More
 
August 20, 2018

August 20, 2018

Week in Review Despite a turbulent start to the week, US stocks pushed higher after it was announced the US and China would resume trade talks. Turkey’s currency, the lira, plummeted to an all-time-low against the dollar on Monday. This caused global stock markets to begin the week on a negative note as the ongoing ... Read More
 
August 15, 2018 Weekly Market Update

August 15, 2018 Weekly Market Update

Global stock markets ended the week on a negative note as geopolitical concerns surrounding Turkey rattled investors. On Thursday morning, the Turkish delegation returned from the US with no progress on the detention of American pastor Andrew Brunson. The US has been at odds with the country since 2016, when Turkish authorities arrested Brunson after ... Read More
 
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