21 06, 2018

Today’s Tariff Update (6/21/18)

2018-06-21T10:23:30+00:00 By |Categories: Market Update, Nathan Krampe|

After being hit to the tune of ~$240 million by U.S. tariffs, India ratcheted up tensions overnight when it retaliated with tariffs of its own on a wide range of U.S. imports, while European automaker Daimler blamed protectionist trade policies for its profit warning. Meanwhile, China is digging in with strong rhetoric and internal stimulus [...]

18 06, 2018

World Cup Preview: Stocks Rooting For Europe?

2018-06-18T12:29:43+00:00 By |Categories: Uncategorized|

The 2018 FIFA World Cup™ kicked off last week, as 32 countries vie for one of the greatest trophies in the world of sports. The tournament has taken place every four years since 1930 (excluding World War II), making this the 21st World Cup. “Although in no way, shape, or form do we support investing based [...]

18 06, 2018

Market Update: Trade worries drive stocks lower

2018-06-18T11:50:49+00:00 By |Categories: Market Update|

Daily Insights Trade worries drive stocks lower. Nothing over the weekend was particularly surprising on the tariff front, though fears of further escalation preceded the S&P 500 Index opening more than half a percent lower this morning. Some were perhaps looking for a last-ditch effort to prevent tariffs on about $50 billion of Chinese imports from being implemented, [...]

18 06, 2018

Walk It Off

2018-06-18T11:44:32+00:00 By |Categories: Retirement Coaching|

Walk it off … walking is so important in retirement, because it not only gets you out and moving, you might just be able to walk off the extra pounds and get toned. The health benefits of walking are numerous and may help: -Alleviate depression and fatigue -Prevent or manage health issues such as high [...]

11 06, 2018

Sweat Equity – not just for your home

2018-06-11T14:00:44+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach When we hear the words “sweat equity” we think about working on our home in ways that bring value. We polish and paint and scrub. We declutter and decorate. Think about “sweat equity” when we work on ourselves. Bringing up the value of our [...]

11 06, 2018

Market Update: No One Said This Would Be Easy

2018-06-11T13:53:23+00:00 By |Categories: Market Update|

Daily Insights Fed likely to raise rates; median forecast may move to four hikes in 2018. With a rate hike all but priced in at the conclusion of the Federal Reserve’s (Fed) policy meeting Wednesday, markets will be focused on changes in the policy statement, a new set of economic and policy forecasts, and Chair Jay Powell’s post-meeting [...]

4 06, 2018

Time For A June Swoon?

2018-06-04T13:00:35+00:00 By |Categories: Market Update|

U.S. equities advanced in May to extend their win streak during the month to six years, but can the summer rally continue? First things first, historically June has been a stumbling block for stocks. As the LPL Research Chart of the Day shows: June has been one of the weakest months for the S&P 500 Index—over [...]

4 06, 2018

Post Italy “Crisis,” Are European Stocks Attractive?

2018-06-04T12:42:01+00:00 By |Categories: Uncategorized|

With last week’s news that Italy has formed a government, securing the country’s place in the Eurozone, at least in the short term, are European stocks now attractive? Relative to other choices, namely the U.S. and emerging market equities, we aren’t yet so sure. Putting political risk in Italy aside, European economic data have disappointed all [...]

4 06, 2018

Market Update: Trade War Still On Hold?

2018-06-04T12:35:29+00:00 By |Categories: Uncategorized|

Daily Insights Is trade war still on hold? The latest trade headlines are far from reassuring, and risk certainly remains elevated; though our base case remains that the negotiations will lead to an outcome that is not materially damaging to U.S. or global economic growth. The latest developments include: 1) China’s threat to rescind previous pledges [...]

1 06, 2018

Travel Safety Tips For Seniors

2018-06-01T12:54:20+00:00 By |Categories: Retirement Coaching|

Section 4: Travel Safety Tips For Seniors While retirement hopefully brings you more opportunities to travel, spending time in unfamiliar environments could potentially pose safety risks. Unfortunately, senior travelers are popular targets for thieves, pick-pockets and other unsavory characters. And seniors may also face additional logistical and health challenges, such as mobility limitations or the [...]

1 06, 2018

Travel Discounts For Seniors

2018-06-01T12:51:41+00:00 By |Categories: Retirement Coaching|

Section 3: Travel Discounts for Seniors One of the beautiful things about retirement is you often have the time and the means to do the things you couldn’t do as often while you were working. Traveling to new places and experiencing different cultures is at the top of the list for many seniors and retirees. [...]

21 05, 2018

Market Update: Trade War On Hold

2018-05-21T12:14:44+00:00 By |Categories: Market Update|

Daily Insights Earnings estimates rose past week. Over the last week, forward-four-quarter estimates for the S&P 500 Index rose 0.6%, and have risen by an impressive 1.3% since April 1. With 464 S&P companies having reported, first quarter S&P 500 earnings are tracking to a 26.2% year-over-year increase, while 79% of companies have exceeded earnings targets. Another 22 [...]

21 05, 2018

A Royal Union Comes Together As Another Union Breaks Apart

2018-05-21T12:09:14+00:00 By |Categories: Uncategorized|

As Britain’s painfully complex break from the European Union (EU)—commonly referred to “Brexit”—continues to be worked out, a royal union came together over the weekend as Prince Harry and Meghan Markle wed on Saturday, May 19th, 2018 at Windsor Castle in England. The couple’s decision to wed on a Saturday goes against tradition, as royal [...]