The September swoon continued last week, as stocks sold off hard after the Fed’s decision to leave interest rates unchanged. This type of seasonal weakness shouldn’t be a surprise. We’ve been discussing the potential for August and September volatility for a while now. It’s important to rem …
Over the last year or so, we’ve all heard the chatter over an impending recession. Some people were convinced that the economy was in trouble and recession was inevitable. But then a funny thing happened. The economy has rebounded, and the stock market is performing really well. Consumers a …
The S&P 500 has pulled back almost 5% since July 31. This is not surprising considering historical data. Factoring in seasonality has worked well for investors over the last 18 months. We’ve pointed out how bear markets tend to end in October, especially in midterm election years, with …
Why aren’t we worried about $1 trillion in credit card debt? In this episode, Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese peel back the layers behind the latest news headline. Highlights include: U.S. consumers have more credit card debt …
Watch our webinar, “Update Your Plans After Divorce” with Manager & Senior Wealth Planner Tom Fridrich and Director, Trust Services Scott Berryman, now available on-demand.
Ryan Detrick, Chief Market Strategist “It’s not what you look at that matters, it’s what you see.” -Henry David Thoreau It finally happened. US consumers officially have more than $1 trillion in credit card debt, an all-time record. Not surprisingly, many claimed this was a sign the …
The S&P 500 fell for the second week in a row, but the losses were minor. Many of the formerly high-flying tech stocks sank hardest last week. The technology sector fell 3.0% on the week, but it is still up more than 33% for the year. Below the surface, however, energy stocks are roarin …
