As we enter the second half of the year, the outlook might appear grim at first glance. Covid-19 continues to spread, both here and worldwide. Inflation remains close to 40-year highs, and the Federal Reserve (Fed) is tightening monetary policy to fight rising prices. The war in Ukraine is ongoing, and it threatens to become [...]
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 taking a look! Our second quarter newsletter features: LifeTime's sponsorship and participation in a charity golf tournament Matt Glova being named in Forbes' Best-In-State [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, May 31, 2022 The Federal Open Market Committee (FOMC)’s most recent meeting minutes were released last Wednesday and provided further support for the market’s expectation of back-to-back 50 basis point (bp) rate hikes at the June and July meetings. Global equities posted [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, April 25, 2022 Considering the upcoming May FOMC meeting, the markets are expecting an interest rate hike of 50 basis points (bps). The S&P 500 was down again last week as markets sold off due to concerns that the FOMC was turning [...]
Matt Glova has been named to Forbes’ Best–in–State Wealth Advisors list for 2022. The list is published on forbes.com/best-in-state-wealth-advisors. 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, including: in-person interviews; industry experience; compliance records; revenue produced; and assets under management. [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, March 28, 2022 The S&P 500 gained 1.81 percent as investors moved out of bonds and into equities. The major driver seemed to be a more aggressive Fed, which plans to combat inflation with a pair of rate hikes at its May [...]
According to the Internal Revenue Service (IRS), tax scams tend to increase during tax season and/or times of crisis.(1) Now that tax season is in full swing, the IRS is reminding taxpayers to use caution and avoid becoming the victim of a fraudulent tax scheme. Some of the most common tax scams to watch out [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, February 28, 2022 U.S. markets were a safe haven last week as war between Russia and Ukraine broke out. Investors flocked to assets away from the conflict as risk and uncertainty picked up in global markets. The U.S. Treasury curve moved very [...]
Presented by Matthew Glova, CFP® With the recent market pullback, investor concerns are starting to mount. To be sure, there is plenty to worry about—the Omicron wave, inflation, interest rates, and a potential war in Ukraine, just to name a few. Given all the things that could go wrong, is a stock market crash an [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, January 24, 2022 U.S. Treasuries underwent a volatile week of trading, as yields opened the week higher and closed with the back end of the curve flatter. Markets were rattled by the move higher in Treasury rates following the Martin Luther King [...]
