U.S. stocks spent most of the week flat as investors waited for Federal Reserve Chairman Powell’s Jackson Hole speech on the economy. That limited activity changed on Friday when Powell said the central bank could start tapering its purchases of bonds by the end of the year.

I’ve been doing investments for over forty years now, and it has always amazed me how market observers will focus on and repeat words or phrases until we all get tired of hearing them. Today’s hot words are transitory, temporary, tapering, tightening, and the phrase “talking about talking about”.

This is the question you should be asking your financial advisor(s). If the answer you receive is singularly focused on investment returns, keep reading. Studies have shown comprehensive advice can add 2.00% to 7.00% in monetary value annually and some advice is essentially priceless!

This is the question you should be asking your financial advisor(s). If the answer you receive is singularly focused on investment returns, keep reading. Studies have shown comprehensive advice can add 2.00% to 7.00% in monetary value annually and some advice is essentially priceless!

U.S. equities broadly slid lower last week amid a turbulent stretch of news headlines highlighting moderating global economic growth data, challenges posed by rising infections from the Covid-19 Delta variant, and mounting geopolitical tensions with the U.S. military pull-out from Afghanistan.