Market/Economic Perspective: Then (2007) vs. Now (2013)

In case you didn’t pick-up a newspaper or turn on the TV in the past 24 hours, the Dow Jones reached a record high yesterday and closed at 14,253.77. The prior closing high of 14,464 was set on October 9, 2007. poor credit loans unsecured While we are all for new highs in the markets, [...]

March 6th, 2013|

February Market Commentary: Market Correction on the Horizon?

January saw Congress vote to kick the debt ceiling can down the road for a few more months.  This means that there is now a temporary suspension of the debt ceiling until May 19th.  The bill, known as the ‘No Budget No Pay Act of 2013’ directs both parts of Congress to adopt a budget [...]

February 14th, 2013|

2013 Changes: Exciting News!

The calendar change to 2013 is bringing many exciting changes to Chladek Wealth Management!  One upcoming change is business-related, while the other is on a more personal note. On the business-side, our clients will be receiving what we hope they find to be a new and improved performance report when their 2012 4th quarter reports [...]

January 8th, 2013|

Market Commentary: January 2013

Eight times per year (and occasionally more as needed) the Federal Reserve Open Market Committee (FOMC) meets to discuss actions by the FED to influence the availability and cost of money (i.e. credit & interest rates). The result of the December 2012 FOMC meeting was: The FED will continue to hold short-term interest rates near [...]

January 8th, 2013|

Market Commentary: November 2012

Global markets started November in a positive direction, but ended down significantly after the election with worries over the fiscal cliff, future taxes and continued issues in Europe. Greece is once again in the foreground of investor worry as Euro-area finance ministers decide on whether to unlock more bailout funds for Greece. With the US [...]

December 11th, 2012|

Post-Election Market Commentary

The buzz-word on Wall Street the day after the election was ‘uncertainty.’  While investors now know that President Obama has been re-elected, two significant sources of uncertainty in today’s marketplace remain: the so-called fiscal cliff and the debt ceiling. In a market where political and economic uncertainty continues to prevail, investors will be best served [...]

November 9th, 2012|

Global Indicators Remain Weak: October Market Commentary

For the month of September, the Dow Jones Industrial Average rose 2.65%, the Nasdaq Composite rose 1.61%, and the S&P 500 rose 2.42%, all for their fourth consecutive monthly advance. At this point, we think the potential for substantial gains in the markets are at a high point until some of the structural issues facing [...]

October 4th, 2012|

Halloween: Bargains for your Ghosts and Goblins

Guest Blog Post by Angie Chladek I find costumes/Halloween to be totally daunting.   This year, in addition to the creative piece being difficult for me, the costumes seem a little too “grown-up” for our four-year-old daughter.  I’ve done a lot of looking at all the outlets listed below, and you’ll see what I opted to [...]

October 4th, 2012|

Market Commentary: September 2012

For the month of August, the Dow Jones Industrial Average rose 0.63%, the Nasdaq Composite rose 4.34%, and the S&P 500 rose 1.98%, all for their third consecutive monthly advance. Many of the meetings we have had with clients and prospective clients over the last month or so have shared two common questions.  Obviously, we [...]

September 5th, 2012|

Market Commentary: August 2012

The month of July started with global economic indicators continuing to weaken, and the markets still looking for another shot of economic stimulus from the Fed.  The early part of the holiday-shortened 1st week of the month was met with very low trading volume while the market gravitated higher in the face of a poor [...]

August 8th, 2012|