The Fed finally made a rate cut, and this one was big. Is this going to be a positive thing for the stock market? Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese share their insights about what happened and what could be next for investors a …
The more contagious Delta variant has contributed to a 172% increase in U.S. COVID-19 cases over the last two weeks. The spike is raising concerns some social distancing measures may be reenacted. Initial jobless claims are increasing. Last week claims jumped above 400,000 after staying bel …
The story of how Pinnacle Wealth came to be goes back decades. It was a place where men’s fashion met financial advising. In fact, it goes all the way back to when Wealth Advisor, Kevin Engbers, CFP®, was a young father and husband, where he ran into some challenging circumstances.
Two big economic releases in the U.S. and a series of economic data in China highlighted a challenging week for U.S. stocks. Inflation surged 0.9% and has now increased 5.4% over the last year (Figure 1). The U.S. Consumer Price Index increased more than expected, led by large spikes in use …
The first payment of the Child Tax Credit started hitting bank accounts on July 15 and will continue every month for the rest of 2021.
Congratulations to Nik Aamlid, Wealth Advisor, for achieving his Chartered Advisor of Philanthropy designation! Where there is a heart for Philanthropy, there’s an even stronger calling to keep helping others grow. We are proud to see one of our very own continuing to make a difference in o …
The U.S. economy continued to show signs of a mismatch between demand and supply. Nearly 3 million workers have been unemployed for more than a year; yet, there are 9 million available jobs in the U.S. (Figure 1). Matching those open positions with available workers remains key to a sustain …
