Our founder Mike Mott reviews the state of our economy in the month of January 2015.
Stocks experienced another rollercoaster week, pummeled by a dismal global growth forecast and missed earnings reports. However, markets ended a four-day losing streak on Friday with a “relief rally” as energy prices rebounded slightly. For the week, the S&P 500 lost 1.26%, the Dow fell 1.27%, and the Nasdaq dropped 1.48%. The World Bank underscored … Read more
Stocks ended the first full week of 2015 in the red, pulled in different directions by a mixed December jobs report, fresh oil declines, and renewed terrorist fears in the West. For the week, the S&P 500 lost 0.65%, the Dow fell 0.54%, and the Nasdaq slid 0.48%. The December employment report was released on … Read more
Dear Friends & Clients, We hope that you have enjoyed a beautiful fall season, and are looking forward to a wonderful winter, filled with love and laughter. Despite the market turbulence, the team at Mott & Associates had a great autumn, and enjoyed kicking it up a notch, after a busy summer. This fall we met with … Read more
With 2014 behind us, let’s take a look at some of the factors that influenced markets last year. With the economic recovery in its fifth year, 2014 was the year in which Americans finally became confident in the economy and their financial prospects. Despite several short-term pullbacks, 2014 was unambiguously good for the stock market; … Read more