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Answers & Observations

Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.

Posts tagged Xi
Trump Tariffs Raise Recession Worries

After 6 months of steady gains that took the NASDAQ and S&P 500 to new record highs in late April , we’ve had two and half weeks of sharp declines.  Peak to yesterday’s trough was 5% in the S&P 500 and 7% in the NASDAQ.  Stocks are recovering somewhat today. YTD the S&P 500 is up 14.5% and the NASDAQ is up 17.3%.  Several clients have called or emailed to learn if there is reason for concern.

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