Focused Money

06/2017 Monthly Economic Commentary

PHILIP J. DEANGELO | Focused Money 06-16-2017

Philip DeAngelo

THE MONTH IN BRIEF May was another good month for stocks. The S&P 500 gained more than 1%, putting its YTD advance above 7.7%. While the housing market showed some spring weakness, hiring bounced back and most other important economic…

Focused Wealth Management is awarded the Corporate Bell Award!

PHILIP J. DEANGELO | Focused Money 04-05-2017

Barbara Bedell: Community leaders honored with MHA awards Nadia Allen, second from left, executive director of the Mental Health Association, and Maureen Janes, director of Finance/Human Resources at MHA, welcome members of Focused Wealth’s management team who were honored guests.…

04/2017 Monthly Economic Commentary

PHILIP J. DEANGELO | Focused Money 04-01-2017

Philip DeAngelo

THE MONTH IN BRIEF Stocks went sideways rather than north in March, with the S&P 500 losing just 0.04%. The Federal Reserve made another quarter-point interest rate move, and overseas, the United Kingdom initiated Brexit proceedings. While new data showed…

02/2017 Economic Commentary

PHILIP J. DEANGELO | Focused Money 02-01-2017

Philip DeAngelo

THE MONTH IN BRIEF Stocks advanced again in January. The Dow Jones Industrial Average closed above 20,000 for the first time, and the S&P 500 gained 1.79% on the month. As January ended, politics took center stage: investors focused first…

2016: Fourth Quarter Review

PHILIP J. DEANGELO | Focused Money 01-01-2017

Philip DeAngelo

THE QUARTER IN BRIEF Two events strongly influenced U.S. and foreign financial markets in the fourth quarter – one unexpected by many, the other widely anticipated. Neither of them particularly upset investors. Donald Trump’s win in the presidential election led…

01/2017 Economic Commentary

PHILIP J. DEANGELO | Focused Money 01-01-2017

Philip DeAngelo

THE MONTH IN BRIEF While the Dow Jones Industrial Average did not top 20,000 in December, it did advance nicely, gaining 3.34%. The Federal Reserve took its interest rate target to 0.50-0.75%, adjusting the federal funds rate for just the…

12/2016 Economic Commentary

PHILIP J. DEANGELO | Focused Money 12-01-2016

Philip DeAngelo

THE MONTH IN BRIEF November was certainly newsworthy, presenting investors with three historic moments. First, Donald Trump won the presidency in a stunning upset that confounded political analysts. Next, the stock market rallied spectacularly after receiving that unanticipated news –…

11/2016 Economic Commentary

PHILIP J. DEANGELO | Focused Money 11-01-2016

Philip DeAngelo

THE MONTH IN BRIEF Bulls were reined in during October. The S&P 500 lost 1.94% as Wall Street responded unenthusiastically to the fall earnings season. Even though much of the economic news that emerged in October was good, investors saw…