Saturday
Apr122014

Monthly Economic Update for April 2014

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Thanks in part to a March 31 rally, the S&P 500 managed to gain 0.69% last month. Comments from Federal Reserve chair Janet Yellen alternately startled and soothed investors; events in the Ukraine didn’t send U.S. stocks markedly lower, though they certainly held back European benchmarks. In the commodities markets, crop futures continued rising while energy futures and metals mostly descended. Analysts wondered if the softness in the housing market was seasonal or more entrenched. As the bull market celebrated its fifth birthday, investors mulled how long it would continue.1

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Saturday
Apr122014

Monthly Economic Update for March 2014

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Wall Street staged an impressive comeback in February – emerging market currency troubles, middling economic indicators and unrest brewing on multiple continents couldn’t stop the bulls from running. The Dow gained 3.97% for the month and the S&P 500, Nasdaq and Russell 2000 all gained more than 4%. Important commodities and most foreign stock exchanges also rallied. While existing home sales slipped, new home sales jumped. New Federal Reserve chair Janet Yellen soothed the markets with reassuring remarks on Capitol Hill.1

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Saturday
Apr122014

Monthly Economic Update for February 2014

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Headwinds certainly increased in January as subpar earnings and anxieties about emerging markets unnerved Wall Street. January ended up as the poorest month for stocks since May 2012, with the S&P 500 losing 3.56% and many other global benchmarks retreating. Rough winter weather impeded homebuyers and jobseekers, but not consumer spending. On the NYMEX, gains and losses varied widely with natural gas and coffee futures jumping north. As many analysts expected, the Federal Reserve decided to further reduce its monthly asset purchases.1

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Friday
Jan312014

Walla Street Achieves NSSA Advisor Certification

Timothy Walla, CFP® certified as a National Social Security Advisor

Timothy Walla, CFP® has achieved National Social Security Advisor certification from the National Social Security Association, LLC in Cincinnati, OH.

The NSSA certification allows Timothy Walla, CFP® to counsel clients on the best way to claim Social Security benefits in order to optimize lifetime Social Security income.

The NSSA program prepares professional advisors for the myriad of questions about Social Security that their clients are asking.  Advisors can then guide their clients through the many Social Security options that are available to them. NSSA advisors are uniquely qualified to help the growing numbers of baby boomers.

“For more and more people, Social Security is going to provide an important part of their retirement income,” said Blair, co-creator of The National Social Security Advisor program. “NSSA advisors are passionate about helping retirees optimize their benefits over the rest of their lives." 

For more information about the NSSA, please visit www.nationalsocialsecurityassociation.com


Friday
Jan312014

Monthly Economic Update for January 2014

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Stocks finished 2013 with a flourish. The S&P 500 rose another 2.36% last month to return 29.60% on the year. As Wall Street celebrated, good news came to Main Street as well; the jobless rate fell and many signs of economic improvement emerged. Performance of Asian and European stock indices varied widely. Gold stumbled further and oil rebounded. Mortgages grew more expensive, and the pace of home buying reflected that reality. Midway through the month, the Federal Reserve announced it was tapering its economic stimulus – and investors applauded the move.1

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Wednesday
Jan222014

2013 Best Financial Advisors for Doctors in America

Medical Economics selects Timothy Walla, CFP® to the 2013 Best Financial Advisors for Doctors in America list for the 4th year in a row

Walla Street Wealth Management, Inc. is pleased to announce that Timothy Walla, CFP®, has been selected by Medical Economics magazine as one of the "2013 Best Financial Advisers for Doctors in America" list again in their November 2013 edition. Mr. Walla first joined this prestigious list in November 2008 and then again in 2010, 2011 and 2012

Candidates were selected to the list based upon client and peer references, strong recommendations from physicians, and an extensive background check. Applicants were also required to complete an extensive questionnaire listing credentials, educational background, noteworthy professional achievements, specific areas of expertise, and percentage of physician clients.

Wednesday
Jan222014

Monthly Economic Update for December 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Will 2013 go in the books as the best year for U.S. stocks since the mid-1990s? It may. At the end of November, the S&P 500 was already up 26.62% YTD – and that was just its price return. November brought more signals of an improving economy, even with a hot housing market cooling off by degrees. The eurozone economy still looked tenuous; China’s economy showed signs of resilience. Prices of gold, oil and other key commodities dropped. Some foreign stock markets outperformed ours, others lost ground. The Federal Reserve made no moves, but its October policy minutes hinted at trimming its monthly bond buying.1

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Monday
Oct072013

Monthly Economic Update for October 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

September began with the possibility of U.S. military intervention in Syria; it ended with the probability of a federal government shutdown. In between those anxieties, the S&P 500 managed to rise 2.97%. Credit the Federal Reserve, which surprised financial markets worldwide with its decision to keep quantitative easing going at current levels for another month. Credit also some surprisingly strong data in the real estate and manufacturing sectors. Stock gains were worldwide last month; key commodities retreated. All in all, the events of September strained financial markets far less than many analysts expected.1

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Monday
Oct072013

Monthly Economic Update for September 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

August threw all kinds of challenges at stocks, and stocks retreated from them. Lackluster economic indicators, resignation that the Federal Reserve might soon taper its stimulus, rising yields on the 10-year note, a bit of cooling in the red-hot housing market, and the threat of U.S. military involvement in Syria all combined to keep the S&P 500 in check. The index slipped 3.13% during the poorest month for U.S. equities since May 2012; gold, silver, oil and the dollar fared much better.1

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Saturday
Aug172013

Monthly Economic Update for August 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

At the closing bell on July 31, the S&P 500 settled at 1,685.73 thanks to a 4.95% monthly gain – another triumph for a bull market that has overcome a host of challenges. This striking July advance came even as fundamental economic indicators sent mixed messages. The Federal Reserve said nothing definite about when it would taper QE3. Overseas, there were hints of a slightly better economic picture in Europe, contradictory signals out of China, and numerous stock market advances.1

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