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Stock market highs may be followed by volatility in coming months

January 30, 2018

By Roy Hayhurst, GuideStone Fianancial Resources public relations DALLAS, Texas - As stock markets continue their record-setting ways, it’s important to remember, as Wall Street wisdom reminds: “Trees don’t grow to the sky.” Volatility may be around the corner for the financial markets, which have grown feverishly since the election of President Donald J. Trump in November 2016 and continued through his inauguration and have continued into 2018. By way of example, during 2017, all three major equity market indices — the Dow Jones industrial average, the S&P® 500 and the NASDAQ — set record highs more than 60 times. The S&P 500 climbed 21.83 percent, the Dow Jones industrial average climbed 28.11 percent and the NASDAQ climbed 29.64 percent. “Volatility was incredibly muted in 2017,” said David S. Spika, CFA, chief strategic investment officer of GuideStone Financial Resources. “There is a market precedent for volatility to soon increase. This period has been the longest period without a 5 percent correction in history. In fact, 5 percent pullbacks have occurred, on average, three times a year since 1928.” Retirement plan participants should not see volatility as a reason to flee markets, but to ensure they … [Read more...]

President Trump plans $1 trillion infrastructure investment

January 29, 2018

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FEDEX to give $200 million in raises, add $1.5 billion to pension plans, spend $1.5 billion on air hub because of Trump tax cuts

January 29, 2018

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Democrats try end run to protect wealthy in their high-tax states from paying more federal taxes

January 29, 2018

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Home Depot ‘joins the crowd’ of businesses offering bonuses and pay increases because of Trump’s tax cuts

January 29, 2018

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Apple to ‘repatriate’ $250 billion from overseas, create 20,000 new jobs

January 26, 2018

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Trump reverses Obama, allows states to deny Medicaid payments to Planned Parenthood

January 25, 2018

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DOJ finds missing text messages between two anti-Trump FBI agents

January 25, 2018

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Obama’s Secretary of State John Kerry sides with Palestinians in talks with U.S.

January 25, 2018

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Disney gives 125,000 employees $1,000 bonuses, joins 11 mega companies to give bonuses, pay boosts, or both following Trump’s tax cuts

January 24, 2018

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Your God fights for you

Do you ever feel like the world is working against you? I’ve got good news. God is on your side; there’s no need to worry. … Read More

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