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What does it mean when the yield curve is inverted?
One of the most critical indicators that analysts and investors rely on is the yield curve. The yield curve is a graph that plots the yields of U.S. Treasury bonds across various maturities. We explain what it means mean the curve inverts.
Weekly Review, May 8, 2023
Fortis Reviews Financial news of the week. Creator of Yellowstone seems to do no wrong as Paramount greenlights projects. Get a glimpse at the tax free royal purse. Airfare prices soar as travel demand drives price. A likely recession may focus more on white collar jobs than blue collar. Apple gets deeper into banking offering attractive savings accounts.
The Right Mindsets To Build Wealth Like the Ultra Wealthy
Changing your mindset can make all the difference when trying to build wealth. There are things that the ultra rich do that can be replicated. Read more about 5 common attributes the ultra wealthy practice.
Weekly Review, May 1, 2023
Fortis Reviews Financial news of the week. US GDP came in at +1.1% growth for Q1. META continues impressive run after positive Q1 results. SNAP shares tumble as the social media firm disappoints on earnings. JPMorgan finalized a deal to take control of failed lender First Republic Bank. Markets wait or upcoming Fed meeting decision regarding rate hikes
Weekly Review, April 24, 2023
Fortis Reviews Financial news of the week. The Fed members remain noncommittal before entering blackout period ahead of next meeting. Home prices see largest decline in 11 years. Apple launches savings account with 4.15% interest rate. China relations continue to escalate.
Weekly Review, April 17, 2023
Fortis Reviews Financial news of the week. The US Treasury released it’s list of cars that meet the Federal tax guidelines last week. Life Insurance is turning profitable again, but is it in time?The largest logger in the US is flipping narrative on its environmental footprint. Biotech deals are ramping up. Merck agrees to purchase Prometheus. Sega attempts to buy Rovio for Angry Birds.
A Playbook On How To Transition To Another Career
Transitioning jobs can be an exciting but stressful time. These transitions offer tremendous opportunities to help move closer to short and long term financial goals. As you evaluate your options, there are several key categories to consider to make sure you are making the right decision and are putting yourself in the best position to succeed.
Weekly Review, April 10, 2023
Fortis Reviews Financial news of the week. Jobs report released reveals that the US Economy added new jobs in March. Elon Musk announces plans for new factory in Shanghai. JPMorgan Chase CEO Jamie Dimon shares perspective on SVB banking crisis. Earnings reports for Q1 begin this week. The Masters Tournament stole headlinesfor its staggering merchandise sales numbers.
Weekly Review, April 3, 2023
Fortis Reviews Financial news of the week. A deep dive into TSMC. Oil futures surge over the weekend. Former US President Donald Trump indicted by a New York grand jury. Fed's key inflation measure rose less than expected in February. Fed governors say additional rate hikes in May could still be on the table.
Where Should I Invest My Cash?
Deciding where to invest your hard-earned cash can be a challenging task, especially in the current economic climate. With the economy on the brink of a recession, recent bank failures, and plummeting real estate affordability, finding a safe place to invest cash for the short-term is of paramount importance. We examine the different options available to you.
Weekly Review, March 27, 2023
Fortis Reviews Financial news of the week. Deutsche bank may be teetering as signs of contagion are showing up in Europe. TikTok has a rough government hearing. Microsoft / Activision deal finally gets go head in EU.
The Silicon Valley Bank (SVB) Crisis Explained
Banking confidence has been a hot topic in the news this week. Several banks have had stability issues. Silicon Valley Bank was the first domino to trigger a small wave of failures. We take a deeper dive at what is happening and what it means to hold bonds to maturity.
Weekly Review, March 20, 2023
Fortis Reviews Financial news of the week. Silicon Valley Bank and Signature Bank collapse. February CPI report reveals headline inflation rose 0.4% month over month and 6.0% year over year. Pfizer (PFE) agrees to acquire cancer biotech leader SeaGen (SGEN). Mortgage rates decline for the first time in five weeks. Credit Suisse acquired by UBS for $3.2B.
College Planning Playbook – How To Save For Your Child’s Dream College
What are the best ways to plan for my child to attend their dream university? While there are many different strategies to help plan for college, the 529 College Savings Plan is one of the most popular and effective options available to achieve this goal.
Weekly Review, March 13, 2023
Fortis reviews economic news from the last week. Powell hints at higher rates due to strong economic conditions. Meta continues with layoffs. Is the tech slowdown spilling over?
Weekly Review, March 6, 2023
Virtual reality is hard, $META cuts prices while $AAPL preps their first go at it. The current expectations are that Apple will have a hard time charging thousands of dollars for this product until they can refine it into some more mass-market. We would bet the expectations are wrong.
The Value of a Financial Advisor
Managing your finances has become an essential aspect of our daily lives. With so many investment options available in the market, it can be challenging to make the right decisions for your financial future. That's where financial advisors come in. Financial advisors provide personalized financial advice to help you achieve your financial goals.
Behavioral Mistakes Retirees Make When Planning For Retirement
Planning for retirement is straight forward in theory, but more complex in reality. Don’t underestimate the emotional change that takes place when you retire. There are 3 mistakes you can make on your way to planning your retirement.
Market Update | Nov-2021
US markets were volatile during Q3 but ended the quarter roughly where they started. Recent volatility has been driven by the debate in D.C. over raising the US debt ceiling and the market beginning to price in an eventual taper of the Fed’s bond purchase…
Did the Fed Use Up All Its Bullets?
Yesterday the S&P500 fell nearly 12% with the Dow and Russell 2000 falling even further. This was AFTER the Fed came out on Sunday with a $700 billion monetary stimulus program. So, why did the market have its worst day since 1987’s Black Monday right after the Fed introduced a major quantitative easing plan? Is it because the Fed used up all its bullets?