Investor pessimism ruled the markets for the second week in a row. Both bad news (downbeat announcements from retail and tech bellwethers Wal-Mart and Cisco, heightened turmoil in Egypt) and good news (lower-than-expected weekly new jobless claims) were followed by waves of selling. After struggling all week, the Dow gave up more than 200 points within an hour after U.S. markets opened on Thursday, which contributed to its worst week since June 2012.Read More
Another week, another record close: Domestic equities once again probed record territory as economic data continued to be just good enough to encourage investors without provoking immediate tapering of the Federal Reserve’s economic support. The S&P 500 set a fresh record after passing 1,700 for the first time, and the Dow and the small caps of the Russell 2000 also hit new closing highs.Read More
Kurt Czarnowski, the Social Security Administration’s former Regional Communications Director for New England joins to talk with host Chris Boyd. They will cover Social Security basics and making the most out of your benefits.
Chris is joined this week by frequent show contributors Mike Burton of Slade Mortgage and Herb Montgomery of The Montgomery Financial Group, as well as by special guest Peter Gianakoulis, a local appraiser. Topics on today’s show include the market report, mortgages, the appraisal process, financial planning considerations, and your questions about 403b and savings bonds.
In the first hour of this week’s “Something More,” Chris discusses financial planning concerns, the market report, and the fall of Apple stock. on politics, Chris discusses Secretary of State Hillary Clinton’s testimony on Benghazi- “What difference does it make?” In the second hour, frequent show guest host Susan Huettner discusses family law and the changes in the child support laws.