brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 U.S. retail sales fell 0.9% in May, missing the consensus estimate of -0.6%, marking the second consecutive monthly drop and the steepest decline since January. Core (Control Group) sales, excluding autos, gas, food service, and building materials, rose 0.4%, slightly above expectations of […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist HEADLINES: ISRAEL-IRAN CONFLICT After Israel struck nuclear facilities and military leadership in Iran, the two Middle Eastern countries exchanged barrages of missiles over the weekend. This followed a stalemate in negotiations between the U.S. and Iran regarding the latter’s nuclear program. After multiple days of […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 The Institute for Supply Management (ISM) Manufacturing index for May registered 48.5, falling short of the 49.3 consensus and indicating a third straight month of contraction in the industrial sector. A reading above 50 signals expansion, while a reading below 50 indicates contraction. […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 The Institute for Supply Management (ISM) Manufacturing index for May registered 48.5, falling short of the 49.3 consensus and indicating a third straight month of contraction in the industrial sector. A reading above 50 signals expansion, while a reading below 50 indicates contraction. […]
For Immediate Release Leesburg, VA – Angela Bender, managing partner at AMJ Financial Wealth Management, completed her semiannual training with America’s IRA Experts at Ed Slott and Company, LLC by participating in a workshop that took place October 24-25, 2024. The invite-only workshop, attended by members of Ed Slott’s Master Elite IRA Advisor GroupSM, offered […]
Identity theft - Criminals have been using other people’s personal information (Social Security numbers, names, addresses, birth dates, etc.) to obtain money or credit for many years. Recently, scammers have also been filing false tax returns. The IRS has implemented measures that appear to be effective. Regardless of the progress that has been made, the IRS […]