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At Telemus, we have a different perspective on your financial life. When you take a seat at the Telemus Roundtable, you gain access to the most compelling conversations and inspired solutions for your financial future. We offer you a brand new, more holistic outlook far beyond just investment management which we know will serve as the inspiration for a more enriched life.

 

Aug 14, 2019

It was a wild week on Wall Street as the worry warts took control. Concerns over growth, trade, yields, and even currencies all came into play. Despite all the negative mindedness, the S&P 500 only finished the week down 0.5%. The other major averages were down as well. The Dow Jones Industrial Average lost 0.8%, the...


Aug 7, 2019

The stock market sold off last week with the bulk of the losses coming after Fed Chairman Powell’s remarks on Wednesday and President Trump threat on Thursday to impose a 10% tariff rate on $300 billion of Chinese goods. The S&P 500, down 3.1%, and the Nasdaq Composite, down 3.9%, pulled back sharply from last...


Jul 30, 2019

The stock market marched higher last week helped by upbeat corporate earnings results and an encouraging first look into second quarter GDP. The S&P 500, up 1.7%, and the Nasdaq Composite, up 2.3%, set new record highs in the process. The Russell 2000 also advanced, up 2.0%. The Dow Jones Industrial Average increased...


Jul 29, 2019

Last week began on a hopeful note for the U.S. equity markets with the major averages reaching record levels. It ended on a sour note however, as the S&P 500 fell 1.2%, the Dow Jones Industrial Average dropped 0.7%, and the Nasdaq Composite lost 1.2%. The small cap Russell 2000 lost 1.4%.

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Jul 22, 2019

The U.S. stock market marched higher last week with the Dow, up 1.5%, the Nasdaq, up +1.0%, and the S&P 500, up +0.8%, all reaching fresh record highs. The Russell 2000 was basically unchanged on the week and remains well below its 2018 high. The energy sector was the top performer for the week, climbing 2.2% on the...