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Monthly Archives: September 2016

Stocks rise as Fed stands pat on interest rates

Nobody can predict interest rates, the future direction of the economy, or the stock market. Dismiss all such forecasts and concentrate on what is actually happening to the companies in which you’ve invested. – Peter Lynch Despite hawkish comments from several Federal Reserve officials recently, Fed Chair Janet Yellen and the Federal Open Market Committee […]

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S&P 500 Index edges higher ahead of Fed meeting

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. – Warren Buffett Increased uncertainty over the strength of the economy and the possibility of an interest rate hike by the Federal Reserve continued to weigh on stocks last week but the S&P 500 Index still […]

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Stocks drop over 2% on Fed rate hike fears

The broker said the stock was “poised to move.” Silly me, I thought he meant up. – Randy Thurman, CFP, CPA and noted author and one of the nation’s most trusted investment advisors In a week marked by few quarterly earnings reports and even fewer pieces of economic data, stocks plummeted more than 2% on […]

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Stocks close modestly higher as Fed rate hike fears fade

Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation. – Suze Orman The major stock averages closed modestly higher last week as a weaker than expected jobs report probably took […]

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