Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, December 20, 2021 U.S. equity markets were down last week as the Federal Reserve (Fed)’s decision to double the pace at which it reduced its asset purchases took some steam out of the market and high-flying growth names. The yield curve moved [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, November 29, 2021 The yield curve, particularly the back end, flattened again last week. The 10-year Treasury yield opened the week at 1.548 percent and closed the week at 1.482 percent, a drop of 6.6 basis points (bps). The 30-year opened at [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, October 25, 2021 Treasury yields moved higher across the curve last week as equity markets rallied, and Federal Reserve (Fed) Chairman Jerome Powell reiterated that the central bank still plans on tapering asset purchases sooner rather than later. The 10-year yield picked [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, September 27, 2021 The Treasury yield curve climbed following last week’s Federal Reserve (Fed) meeting, during which the central bank indicated tapering asset purchases may be warranted before year-end. The 10-year yield was up 17 basis points (bps), opening at 1.48 percent [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, August 30, 2021 The Treasury yield curve steepened modestly last week after Federal Reserve (Fed) Chairman Jerome Powell’s remarks at the Fed’s virtual annual symposium. The 10-year Treasury yield picked up 5 basis points (bps) week-over-week to open at about 1.3 percent [...]
Presented by Matt Glova and the team at LifeTime Asset Management Solid July for Markets July was a positive month for most markets despite rising medical risks. The three major U.S. indices saw all-time highs as the Nasdaq Composite gained 1.19 percent, the Dow Jones Industrial Average notched a 1.34 percent gain, and the S&P [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, July 26, 2021 Treasury yields stabilized after a volatile session at the start of last week. The 10-year yield came in at 1.24 percent on Monday morning, showing a gain of 5 basis points (bps) week-over-week after trading as low as 1.13 [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, June 28, 2021 Treasury yields moved slightly higher last week. The 10-year opened at about 1.5 percent on Monday morning, mainly unchanged week-over-week. The 30-year was the biggest mover across the curve, picking up roughly 2 basis points (bps) to open near [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, May 24, 2021 The yield curve ticked lower on the week as investors digested the most recent inflationary data and debated future inflation expectations. The 10-year Treasury yield opened Monday morning at 1.62 percent, only slightly lower than last week’s open of [...]
For the thousands of families who experienced loss due to the COVID-19 pandemic, some relief is coming in the form of funeral reimbursement. FEMA, the federal organization that helps people before, during and after disasters, has started a program for funeral reimbursement for deaths attributable to COVID-19. "Under the Coronavirus Response and Relief Supplemental Appropriations [...]