Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, July 31, 2023 July data showed consumers continuing to spend despite lower-than-expected income growth as well as higher-than-expected confidence. The Fed hiked another 25 bps in its July meeting and isn’t currently expected to hike again for the remainder of the year. [...]
LifeTime publishes a quarterly newsletter with a compilation of topics, from happenings at LifeTime to market news and updates, from a client spotlight feature to client polls and trivia. It’s worth a look! Our second quarter newsletter features: Courtney Campbell, CPA, Retires from a Long and Esteemed Career Matt Glova, CFP®, Named Forbes' Best-In-State Wealth [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, June 26, 2023 The housing market bucked the recent down trend in May. The U.S. economy remained in expansionary territory as the service sector insulated the economy from a weakening manufacturing segment. Stock sold off as investors took a breather from their [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, May 30, 2023 — Check out our new design! Manufacturing and services PMIs indicated mixed confidence in May as services came in strong. The Fed remained uncertain about policy amid both debt ceiling negotiations and stronger-than-expected spending. AI stocks’ recent rally was [...]
Matt Glova has been named to Forbes’ Best–in–State Wealth Advisors list for 2023. The list is published on forbes.com/best-in-state-wealth-advisors. This is Matt's fifth consecutive year earning this prestigious award, starting in 2019. See Matt’s profile on this Forbes’ list here. Each advisor—selected by SHOOK Research—is chosen based on an algorithm of qualitative and quantitative criteria, [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, April 24, 2023 — Check out our new design! Falling home prices, which have been a major source of inflation, bear watching. Better-than-expected PMI data was a welcome sign of rising business optimism. Value stocks outperformed as major bank earnings came in [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, March 27, 2023 — Check out our new design! The Fed hiked rates again but expectations have shifted. This is despite the Fed’s call for rates to remain at their current level until inflation can approach its target. nvestors speculated that this [...]
LifeTime publishes a quarterly newsletter with a compilation of topics, from happenings at LifeTime to market news and updates, from a client spotlight feature to client polls and trivia. It’s worth a look! Our first quarter newsletter features: You can provide a Testimonial for LifeTime, your Wealth Consultant or Tax Advisor! Two Shred Events in [...]
Americans have suddenly witnessed three very large bank failures in only a few days’ time. The first was the collapse last week of Silvergate, also known as “the Crypto bank.” Soon after, we read the news of both Silicon Valley Bank (SVB) and Signature Bank collapsing. These are some of the largest bank failures in [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, February 27, 2023 The minutes from the February Federal Open Market Committee (FOMC) meeting were released last week and didn’t produce any big surprises. They indicated that, although price increases are slowing, inflation remains well above what the Federal Reserve (Fed) is [...]