Fagan Associates

10/14/2026

10/15/2025

Please join us!
8th Annual Flannel Fest to benefit
The Children's Holiday Program at UNITY HOUSE.

Entry is easy!
Bring any of these needed items & receive a drink ticket:
-Big Kid/Teen PJ's, Hats & Mittens (any size), Socks & Underwear (any size)
Art Sets, Family Board Games, Lego sets
-Kids Books
-Wal Mart or Target Gift Card

Highly encouraged, but not required is to wear your favorite flannel!

There will be a cash bar, food, 50/50, & raffles.
We can't wait to see everyone there for what is sure to be a great Sunday Funday!

10/15/2024

Join us this Sunday, October 20th for the 7th Annual Flannel Fest to benefit Toys for Tots hosted by Fagan Associates & Ryan's Wake

Admission is easy: bring an unwrapped children's toy to donate to Toys for Tots. As an additional way to help, bring a children's book of your choice to donate & your first drink is on us!
Also highly encouraged, but not required is to wear your favorite flannel.

There will be a cash bar, food, 50/50, & raffles.
We can't wait to see everyone there for what is sure to be a great Sunday Funday!

02/27/2023

Stocks pulled back as inflation data remained elevated, potentially causing the Federal Reserve to tighten more than was initially anticipated. This battle over when the Fed will pause will most likely continue throughout the first half of 2023 which, in turn, should keep a lid on stock prices. However, we believe that at some point over the next two to three quarters, investors will look past the current environment and toward one during which the Fed can be less restrictive in terms of monetary policy. Sounding like a broken record from prior weeks, we will reiterate that “after the run-up in the stock market since the beginning of 2023 some profit-taking is in order. However, we will watch to see if this transition has some legs. At the present time, a well-diversified portfolio, including some international holdings and bonds is in order. We noted last week that investors can expect perhaps a pause, but no pivot from the Fed. After the economic data referenced both below, a pivot over the near-term is certainly out of the question. Even a pause becomes less likely as is evidenced by the preponderance of economists expecting the Fed Funds Rate to now peak at 5.50% rather than 5.25%. The Open Market Committee of the Federal Reserve (FOMC) will meet again March 21-22. To us, it’s all about the Fed’s intended glide path to 2% inflation, which at the present is unknown to the public. How much of a slowdown is the Fed willing to accept to get to two percent? Answer that and you will have the slope of the glide path.

02/21/2023

The economy continues to operate at a surprisingly robust pace. Along with the stronger than expected January jobs data earlier this month, the Consumer and Producer Price Indexes and Retail Sales all surprised to the upside this past week. The result was a transition back to economically sensitive stocks and away from secular growth. We were satisfied to see even that rotation. After the run-up the latter has experienced since the beginning of 2023 some profit-taking was in order. However, we will watch to see if this transition has some legs. At the present time, a well-diversified portfolio, including some international holdings and bonds is in order.

02/13/2023

An uptick in interest rates as a result of the stronger than expected jobs data a week ago Friday pushed stocks lower and turned the year-to-date laggards into relative winners. Absent an exogenous event, the financial markets will most likely move in response to the release of Retail and Wholesale inflation data as measured by the Consumer and Producer Price Indexes this Tuesday and Thursday. Earnings season has begun to wind down (see below) and the Open Market Committee of the Federal Reserve (FOMC) will not meet again until March 21-22.

02/06/2023

The broader averages continued to make headway while the cyclically-laden Dow Jones Industrial Average, an outperformer during 2022, continued to lag. Friday was somewhat of a mirror image of Thursday with tech stocks rallying on comments that were interpreted as dovish during Fed Chair Jerome Powell’s post Open Market Committee Meeting (FOMC) press conference Wednesday afternoon. Those same stocks gave back some, but not all of the gain during trading on Friday on a stronger than expected payroll report.

· The broader averages continued to make headway while the cyclically-laden Dow Jones Industrial Average, an outperformer during 2022, continued to lag. Friday was somewhat of a mirror image of Thursday with tech stocks rallying on comments that were interpreted as dovish during Fed Chair Jerome Po...

01/30/2023

Stocks pushed higher this past week as all major averages notched gains of at least one percent, this as bond yields continued to moderate amidst falling inflation. That said, investors will be closely watching the upcoming two-day meeting of the Federal Reserve’s Open Market Committee (FOMC) this Tuesday and Wednesday, the body that, amongst other charges, determines the direction of interest rates. At the present time, the consensus is for at least a hike of at least 0.25% for each of the next two meetings, the latter which is being held March 21-22.

01/24/2023

The broader market digested gains made during the first couple weeks of the year as investors mulled the potential implication of declining bond yields (see rates below). The Dow Jones Industrial Average fell the first three trading days of this holiday shortened weeks before rebounding Friday. In our opinion it is time for investors to shed the belief that they will spot the perfect time to invest and begin to look for longer-term opportunities.

· The broader market digested gains made during the first couple weeks of the year as investors mulled the potential implication of declining bond yields (see rates below). The Dow Jones Industrial Average fell the first three trading days of this holiday shortened weeks before rebounding Friday. I...

01/19/2023

President Biden has signed the SECURE 2.0 Act, which will go into effect this year. Here are some key take aways from the new law that could potentially impact our clients.