PJ Haggerty, Financial Services Professional with Nylife Securities LLC

12/26/2024

Merry Christmas to all of our family, friends, and clients! Thank you for your trust and our office hopes you spend valuable time with your loved ones!

11/18/2024

Three updates to the Stock Market:

• The Federal Reserve cut its key interest rate by a quarter-point Thursday, lowering it to 4.6% amid easing inflation, which has dropped from a 9.1% peak in mid-2022 to 2.4% in September.

• The U.S. dollar surged to one-year highs last week after Federal Reserve Chair Jerome Powell signaled a cautious approach to rate cuts, pushing short-term Treasury yields up and dragging Wall Street futures down.

• The S&P 500 is up 23.08% YTD.

The full report can be found here:
https://www.eaglestrategies.com/wp-content/uploads/2024/11/Eagle_Focus_Weekly_-_November_18,_2024_-_Eagle_version_-_final.pdf
SMRU 5409501.1 (Exp. 01/31/2025)

As always, happy to discuss Retirement Planning, Wealth Accumulation, and Tax Strategies!

11/04/2024

Three stock market updates as of 11.4.24:

1) Global economic growth is expected to remain strong next year, aided by anticipated interest rate cuts from major central banks and the robust U.S. economy, according to a Reuters poll.

2) U.S. airlines must now issue cash refunds for significantly delayed or canceled flights under a new federal rule effective last Monday.

3) The S&P 500 is up 20.1% YTD.

For the full report, click the link below:

https://www.eaglestrategies.com/wp-content/uploads/2024/11/Eagle_Focus_Weekly_-_November_4,_2024_-_Eagle_version_-_FINAL.pdf

Important Note: Please keep in mind that while I am sharing this commentary with you, I ask that you do not share this information on any social media platforms.

SMRU 5409501.1 (Exp. 01/31/2025)

10/14/2024

Here's a few nuggets on the stock market as of 10/14/24:

- Mortgage rates surged last week, poising new challenges for buyers and those looking to refinance.

- Changing jobs can increase your salary and career prospects, but it can also hurt your retirement savings.

- The S&P 500 is up 21.91% YTD.

The full report can be found here:
https://www.eaglestrategies.com/wp-content/uploads/2024/10/Eagle_Focus_Weekly_-_October_14,_2024_-_Eagle_version_-_Final.pdf

SMRU 5409501.1 (Exp. 01/31/2025)

10/10/2024

“Do not save what is left after spending, but spend what is left after saving”.

– Warren Buffett

09/30/2024

Hello all - here's a few nuggets on the Stock Market as of 9/30/24:

- Falling interest rates and improving real wages are expected to boost global economic growth this year and next, according to the OECD.

- The U.S. economy grew at a 3% annualized rate in the second quarter, surpassing Wall Street’s expectations.

- Despite September’s consumer confidence report showing U.S. households are uneasy about the economy, stock investors remain optimistic.

The full report can be found here:
https://www.eaglestrategies.com/wp-content/uploads/2024/09/Eagle_Focus_Weekly_-_September_30,_2024_-_Eagle_version_-_Final.pdf

SMRU 5409501.1 (Exp. 01/31/2025)

09/23/2024

Market Commentary 9.23.24

• The Federal Reserve voted to cut interest rates by half a percentage point, marking its first reduction since 2020 and a significant shift from its two-year fight against inflation.

• A Wealth Enhancement Group report found that only 19% of Americans regularly consult a financial advisor about retirement, despite 36% feeling behind, and 18% having no goals.

• Wealthy families are shifting towards riskier assets and cutting back on cash holdings as their confidence in the investment outlook strengthens, according to a Citigroup survey.

The full report can be found here:
https://www.eaglestrategies.com/wp-content/uploads/2024/09/Eagle_Focus_Weekly_-_September_23,_2024_-_Eagle_version_-_Final.pdf

SMRU 5409501.1 (Exp. 01/31/2025)

08/05/2024

“No one can predict with any certainty which way the next 1,000 points will be. Market fluctuations, while no means comfortable, are normal.”

- Peter Lynch

07/04/2024

05/07/2024

Winners rotate each year! Stay diversified and try not to over-concentrate in one specific sector!

05/01/2024

Check out this video about Financial Planning!

As markets shift and goals change, ask yourself these 5 questions to help keep your financial plan focused on what matters most to you.

https://bcove.video/49yjR0F