Drake & Associates Blog

07Aug 2017

Weekly Market Update – August 7, 2017 Another week of economic performance brought more news that the markets continue their bullish streak. After eight consecutive record-high closings, the Dow rose above 22,000 for the first time ever and finished the week up 1.20%. The S&P 500 was up 0.19% for the week, and the NASDAQ […]

02Aug 2017

All eyes are on Wall Street as The Dow crossed the 22,000 mark. Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about what the milestone means for investors. Traders on the floor of the New York Stock Exchange cheered Wednesday as the Dow crossed 22,000. It’s an important psychological milestone because it shows how far […]

31Jul 2017

Last week, markets marched ahead within a busy reporting week. The Dow rose 1.16% to close Friday on another new high. The S&P 500 notched a record high during the week, despite closing the week slightly down 0.02%. Meanwhile, the NASDAQ slipped 0.20%, and the MSCI EAFE rose 0.21%. Generally strong corporate earnings reports helped […]

26Jul 2017

If you put off your holiday shopping until November or December, it will likely cost you more money, time and stress! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about why it’s time to embrace Christmas in July! He shares 4 tips to get started: 1. Put Pen to Paper – If you do nothing […]

24Jul 2017

Last week, the Dow, S&P 500, and NASDAQ again hit record highs. The midweek peaks fell by Friday, though market performance remained strong. By week’s end, the Dow dropped 0.27%, and the S&P 500 and NASDAQ dipped on Friday but closed up 0.54% and 1.19%, respectively. The MSCI EAFE finished with a 0.46% increase. Corporate […]

17Jul 2017

Weekly Update – July 17, 2017 Last Friday, stocks closed on more record highs. The S&P 500 rose 1.41% and the Dow climbed 1.04%—both closing at new peaks. The NASDAQ reported a 2.58% gain and the MSCI EAFE posted a 2.38% increase. Despite continuing headlines from Washington, the markets remain productive and strong. New Q2 […]

10Jul 2017

As the country celebrated the Fourth of July last week, the markets experienced some volatility, though they finished a bit flat overall. The Dow fell then rose to close the week up 0.30%. The S&P 500 climbed a modest 0.07% for the week, and the NASDAQ finished the week up 0.21%. The MSCI EAFE fell […]

05Jul 2017

There are big changes coming to the way our credit scores are calculated. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about how these changes will impact all of us and offered tips to boost your credit score. Starting in July, there are a number of things that will no longer show up on your […]

05Jul 2017

Weekly Update – July 3, 2017 As Q2 ended, markets hit a six-week volatility high. While the tech sector declined during the week, consumer discretionary and industrial sectors drove stocks higher on Friday. On Friday, the tech-heavy NASDAQ slumped 1.99%. The S&P fell 0.61% and the DOW dropped 0.21%. Globally, the MSCI EAFE declined 0.32%, […]

29Jun 2017

Can’t afford the fancy college of your child’s dreams? When it happens in the comedy The House, parents Will Ferrell and Amy Poehler start an underground casino in their basement. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about options for parents finding themselves in this all-too-real situation: 1. Start Saving Early – A lot […]

27Jun 2017

If you’re not careful, how you deal with your dollars could determine whether you get divorced. Drake & Associates financial professional, Luke Eskau, joins FOX6 Real Milwaukee with tips for managing money in a marriage. Start Talking Start the conversation by laying out your individual financial situation and listening to where your partner is at. […]

26Jun 2017

Weekly Market Update – June 26, 2017 Last week, markets kept relatively quiet despite the continuing drop in oil prices. The S&P 500 rose by 0.21%, the Dow increased by 0.05%, and the NASDAQ—the week’s best performer—jumped 1.84%. Internationally, the MSCI EAFE fell by 0.20%. Asian markets remained relatively mixed while European markets were down […]