As The U.S. Consumer Goes, So Goes The U.S. Economy
If you were to look at how the S&P 500 performed during the month of July without context from current events in the news, you would guess July was pretty boring.
As of this writing, the market had a minor sell off in the latter half of the month...
As we reach the midpoint of 2024, the market is up. And it keeps going up! Economic indicators reveal a nuanced picture, with sectors experiencing varying degrees of growth amidst persistent uncertainties. Let’s delve into recent market trends and economic developments so you can better navigate tod...
Investor fear was sky high a year ago. Then the market soared. What happened?
Early in 2023 we were beginning our recovery from a precipitous market decline, talk of runaway inflation and recession was a consistent theme, and a few mid-sized banks failed (though depositors were made whole, either t...
What do I want my life to look like?
As a young attorney, once you have settled in your new job, you eventually should be asking yourself, What do I want my life to look like? Now compare your current situation with that vision.
When I graduated from law school, I assumed that I would go through ...
The Fed is currently holding interest rates steady, with the Fed Funds rate range between 5.25%-5.5%.
Because of high interest rates, cash is hot. We haven’t seen interest rates on cash/cash equivalents this high since before the Great Financial Crisis. The Fed has also indicated that higher rates ...
The Federal Reserve meets again on June 13th-14th  for its periodic Federal Open Market Committee (FOMC) meeting. This meeting is a critical one. There is a general expectation that the Fed will finally pause historic rate increases at this meeting. To illustrate the point, a May 23rd Forbes headlin...
by Glenn J. Downing, MBA, CFP®
There's a lot of financial stress out there - we hear it from our clients. People who don't have a financial worry in the world are afraid. And, given two high profile bank failures recently and the release of the Durham report last week, I suspect there are lots of...
by Glenn J. Downing, MBA, CFP®
One of our specializations here at CameronDowning is financial planning for attorneys. We love working with lawyers! As a rule, they keep appointments, provide documents as requested, understand paying professional fees (after all, they charge such fees themselves),...
How to get a big pay hike
If you want a big pay hike, sometimes the only way you're going to get it is by jumping ship to a new employer who values your skill set and experience and is willing to pay for it. Otherwise you may have to settle for an annual cost of living increase. People will make s...
No More Revenge Spending
There’s a new term out there – revenge spending. When people were hunkered down during COVID, they couldn’t go out to spend. When things opened up, people took their revenge on the lockdowns and spent like never before. And the government has joined the party. As Ronald...
Â
January of 2023 kicked off with a bang. We’re in the midst of a stock market rally that we haven’t seen in over a year.  The market rose, and rose, and kept rising – all in the last 8 weeks. We’re far from all-time highs, and expect that to be the case for a while yet, but this is a positive sig...
Have we reached a stock market bottom yet?Â
"Are you kidding me? After the big price drops we've seen the last few days?"
We get it. Pessimism is popular right now. But here we give you an optimist’s case for the market:
Look at the three major stock market benchmarks – the Dow Jones Industrial A...
