What’s moving the markets?
Election turbulence. There really is no precedent for this election and the myriad of variables that could impact what happens on November 3rd and the days that follow. Are we looking… …
Five tips to calm your financial nerves in chaotic times
Financial anxiety is a very real issue in American households. With this year being one for the uncertainty records books, the future looks quite murky. Wondering whether you remain on solid financial footing amid the turmoil is very common. At McKay Wealth, our goal… …
What’s moving the markets?
Presidential politics. The growing uncertainty as to whether the listed winner of our coming election will be accepted as such is starting to give the investment markets heartburn. This election… …
Election year: How politics can muddle the stock market
The stock market is in essence a cyclical marketplace. Share prices go up and down as investors decide whether to buy or sell. Some years moods are bullish, others bearish…. …
What’s moving the markets?
Federal Reserve and interest rates. The Federal Reserve has changed the way it seeks to achieve its dual mandate of full employment and stable prices. The revision essentially translates to lower… …
Longevity and the American retirement savings gap
It is the refrain heard your entire adult life: Save, save, save for retirement! And for good reason. It takes most people their entire career to build up a big… …
What’s moving the markets?
Historic Q2 GDP drop. The GDP numbers for the second quarter showed a historically unprecedented decrease of 32.9%. Read more… Resurging COVID cases. A massive uptick in U.S. coronavirus infections is… …
Black swans: Unpredictable economic turmoil and teaching moments
A “black swan” is a completely unanticipated event which, usually, has a resoundingly negative impact on the economy. These events take everyone by surprise, even the smart folks who spend… …
What’s moving the markets?
Reopening and resurgence. The U.S. is struggling with a resurgence of COVID-19 cases in several states as the country reopens for business. Texas, Florida and Arizona are being hit especially hard,… …
Higher education: A pandemic induced financial scramble
Higher education is facing a crisis. Before the pandemic, new college grads were struggling to find consistent incomes to pay back massive student loan debts. Entry level employment was in… …