Description
Earnings Season, Muted Market Reactions & A Primer on 401(k) Rollovers
The Money Wise guys are back for a bit of a shorter show this week, but you can bet it still packs a punch! They kick things off with last week’s numbers from Wall Street. The Dow was up 0.8%, the S&P 500 was up 0.4%, and the NASDAQ was down 0.2%. YTD all three major indices remain up, with the Dow up 1.6%, the S&P up 12.7%, and the NASDAQ up 28.1%. The guys talk about Thursday’s bond auction report on the 30-year Treasury, which threw the markets into flux after a relatively strong week. Yields went higher, bond prices fell, and the market’s selling algorithms were triggered. Things began to look up on Friday but rolled over before lunch. The Money Wise guys discuss all the factors at play, including what’s happening with mortgage rates, the power of the 10-year Treasury, JP Morgan and United Health’s well-received earnings, PPI and CPI numbers, and why markets continue to show a muted reaction. The guys also discuss what moves the Fed may make next, and kick off the second half of the show with a discussion on 401(k) Rollovers.
What’s the Deal with 401(k) Rollovers Anyway?
The Money Wise guys often focus on 401(k) Rollovers in the second half of the show, and it’s because they offer distinct advantages. 401(k) Rollovers are the term used to describe the process of directing the transfer of money in your 401(k) to a new 401(k) plan or to an IRA. It’s a fairly simple process, and 401(k) Rollovers offer the advantages of more choices, lower fees, and greater control.
In the second hour, the Money Wise guys offer a primer on 401(k) Rollovers that you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
Nvidia Joins the Dow, Market Fuel & Equity Index Annuities
In this week’s episode, the Money Wise guys discuss Nvidia’s addition to the Dow, what will continue to fuel the current bull market, and last week’s numbers from Wall Street. The Dow was up 2.0%, the S&P 500 was up 1.7%, and the...
Published 11/23/24
Coming Off the Trump Bump Sugar-High, Fed Chatter & A Market Pullback
In this week’s episode, the Money Wise guys discuss a market pullback as we come down from the “Trump Bump”, what the Fed is saying about interest rates, and the animal spirits of capitalism. First, let’s look at last...
Published 11/16/24