Dewitt Latest News (Michigan, United States)

Key takeaways: The path ahead for the economy is in the hands of the consumer, given 70% of U.S. GDP comes from personal consumption. Consumers have been quite resilient of late, but data confirm that consumers are beginning to get a bit winded.

Key takeaways: The annual increase in consumer prices slowed to below 5% in April for the first time in two years, giving room for the Fed to pause.Unlike growth, inflation and interest rates, political brinkmanship is not a long-term driver of market...

Key takeaways: This past week, markets were faced with a triple whammy of data: A Federal Reserve interest-rate hike (perhaps its last of this cycle), ongoing turmoil in the banking system, and a key jobs report for the month of April.After raising...

The old market adage "sell in May and go away" may have a ring to it, but is it actually valid advice? Unsurprisingly, the answer is no. First, rhymes are not a reliable basis for portfolio decisions.

Key Takeaways: The economy remains in expansion, but cracks have recently appeared, suggesting that the labor market and economic activity are about to cool.We expect the Fed to pause rate hikes next month.

Key Takeaways: Last week brought encouraging data on inflation, signaling consumer prices remain on a path of moderation after rising to multi-decade highs last year.

As we head into the second quarter of 2023, the strength in the market this year so far has been notable. The S&P 500 is up about 6.5%, while the investment-grade bond market is up a healthy 4.5%.

Key takeaways: Markets wrapped up a volatile but positive first quarter as strength in tech was able to offset weakness in banks.Confidence has increased that the cyclical peak in bond yields is behind us.

Everyone makes mistakes. Learning from them is what really counts. Here are 10 common money mistakes and tips to move past them. "I live within my means.

Volatility from the latest bank failures may make the market's strong start to 2023 feel like a distant memory. While this is a new wrinkle in an old bear market, troubles in the banking sector should not be dismissed.

After a strong rally to kick off 2023, renewed inflation concerns have sparked worries of extended rate hikes, weighing on equity-market performance, including a pullback last week that has left the S&P 500 slightly in positive territory for the...

After a strong start to the year, market volatility in both stocks and bonds seems to have returned.

Key Takeaways: Markets declined last week as incoming inflation data have prompted a renewed lift in interest rates and adjusted market expectations around further Fed rate hikes this year.

Key Takeaways: The economy started the year on a solid footing.

Key Takeaways: The market rally this year has been impressive. Most asset classes have participated, and the laggards of last year have particularly outperformed.

Key Takeaways: 2023's stock market rally rolled on last week, helped by a downshift in Fed rate hikes, with the S&P 500 now up nearly 8% on the year.

Key takeaways After a positive start to the year in markets – in part driven by a better inflation narrative in the U.S. and globally – this past week investor sentiment seemed more mixed.

The year started with stocks rising, bond yields falling, and the U.S. dollar weakening, a mirror image of the trends that prevailed in 2022.

While inflation, rate hikes and geopolitical uncertainties have posed headwinds for the market lately, employment conditions have been a bright spot.

Financial services firm Edward Jones today announced it has raised more than $35 million toward its $50 million goal by the end of 2025 to support the Alzheimer's Association in the fight against Alzheimer's disease.

2022 proved to be the most challenging year for investors in more than a decade as multiple headwinds hit the economy and the markets1.

Equity markets fell over 2.0% last week, as market sentiment seemed to turn lower after a more hawkish Fed meeting and weakening retail-sales data, and despite better-than-expected CPI inflation data for November.

The rally that began in mid-October stalled last week, as markets have grown more anxious over the outlook for growth in the year ahead.

The recovery in financial markets has gained steam as we navigate the final stretch of the year.

vestment portfolios have faced turbulent headwinds this year. Elevated and persistent inflation has driven many central banks to move into restrictive monetary-policy territory to soften demand.