Drake & Associates Blog

18Dec 2017

Domestic markets were up last week as tax reform became more likely. On Friday, multiple previously undecided Senators announced they would back the combined House and Senate bill, and stocks reacted by hitting new record highs. For the week, the S&P 500 gained 0.92%, the Dow added 1.33%, and the NASDAQ grew by 1.41%. International […]

11Dec 2017

As the holiday season progresses, the markets continue to impress. Last week, many energy, financial, and industrial sector stocks helped drive performance. Hitting record highs yet again, the S&P gained 0.35%, and the Dow jumped 0.40% for the week. Meanwhile, the NASDAQ fell slightly by 0.11%, and the MSCI EAFE rose 0.08%. Solid labor market […]

06Dec 2017

The most wonderful time of the year can sometimes bring holiday fear. Scammers are changing their tactics with the hopes of stealing your personal information. Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about common holiday scams and offered tips to stay ahead of the Grinch. Holiday Scams: 1. Seasonal Job Scams – Seasonal employment […]

04Dec 2017

Markets went for a wild ride last week—especially on Friday. In fact, on December 1, the S&P 500 had its largest fluctuations since the day after the 2016 presidential election. Nonetheless, two of the major domestic markets hit new record highs on Thursday and ended the week with sizable gains. The S&P 500 added 1.53% […]

29Nov 2017

The holiday season is around the corner, and with the busy days ahead, 2018 will be here before you know it. Amidst all the action, we understand how easy it is to wait until the New Year to consider financial changes. But taking a few steps now could help you reduce your tax liabilities — […]

27Nov 2017

Weekly Market Update – November 27, 2017 Last week was a relatively quiet time in the domestic markets. We did not receive a tremendous amount of economic data, and trading halted Thursday for the Thanksgiving holiday. Nonetheless, all 3 of the major domestic indexes experienced sizable gains in only 4 trading days. By Friday, the […]

20Nov 2017

Weekly Market Update – November 20, 2017 Domestic stock performance varied last week, with the S&P 500 and Dow losing ground for the 2nd straight week, while the NASDAQ posted gains. By Friday, the S&P 500 had dropped 0.13%, the Dow gave back 0.27%, and the NASDAQ gained 0.47%. International stocks in the MSCI EAFE […]

14Nov 2017

It’s easy to tell our kids “It’s better to give than receive.” But it can be much harder to get them to actually believe it. When the holidays roll around, most kids are too busy writing their letters to Santa to think about what they’re giving to others. Financial advisor Brad Allen talks with Milwaukee’s […]

13Nov 2017

Weekly Update – November 13, 2017 After posting gains every week since September, U.S. stocks declined by market’s close on Friday. The S&P 500 and Dow ended their longest stretch of weekly increases since 2013, and the NASDAQ ended its own 6-week streak. By November 10, the S&P 500 declined 0.21%, the Dow was down […]

10Nov 2017

Drake & Associates, LLC is committed to providing you with quality retirement and financial planning information so you can potentially make informed decisions and stay ahead of the curve. In this video, we will cover main topics that were part of the economic headlines in the last month and how those headlines influenced the markets […]

06Nov 2017

Weekly Update – November 6, 2017 Once again, the markets ended the week in positive territory — and all 3 major domestic indexes hit new record highs. The S&P 500 added 0.26%, and the Dow was up 0.45%, with both indexes notching their 8th straight week of growth. The NASDAQ was up for the 6th […]

02Nov 2017

Daylight Saving Time gives us an extra hour to do whatever we want. Will you sleep in or will you use this time to save some money? Financial professional Brad Allen talked with Milwaukee’s WTMJ-4 and has 5 things you can do in 60 minutes or less that will save you big time down the […]