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Weekly Market Insights: Stocks Weather Summer Storm of News and Indicators
Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The...
Read MoreWeekly Market Insights: Summertime Blues for the Markets
Positive inflation data failed to lift stocks from their August doldrums last week as economic data and a ratings downgrade soured investor sentiment. The Dow Jones Industrial Average added 0.62%, while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Stocks Raise White Flag to Bad News
Stocks retreated last week as bond yields increased following the Treasury's announcement indicating “a larger-than-expected funding need” and a downgrade in the federal government’s debt rating. The Dow Jones...
Read MoreWeekly Market Insights: Stocks Jump After Inflation Gauge Cools
A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. The Dow Jones Industrial Average advanced 0.66%, while the Standard &...
Read MoreWeekly Market Insights: Stocks Advance and Retreat on Mixed News
Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the...
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Weekly Market Insights: Bad News for Bears; Good News Buoys Markets
Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields. The Dow Jones Industrial Average rose 2.29%, while the Standard &...
Read MoreWeekly Market Insights: Stocks Stumble with CPI on Deck
Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading.The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite index...
Read MoreWeekly Market Insights: Economy Continues Upward Trend
Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test.The Dow Jones Industrial Average gained 2.02%,...
Read MoreWeekly Market Insights: Stocks Take Summer Break, Month Remains Strong
Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains.The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq...
Read MoreWeekly Market Insights: Stocks Climb After Fed Pause
Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience.The Dow Jones Industrial Average rose 1.25%,...
Read MoreWeekly Market Insights: Markets March into Positive Territory Continues.
A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark.The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. The Nasdaq Composite...
Read MoreWeekly Market Insights: Debt Deal Relieves Market Worries
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.The Dow Jones Industrial Average rose 2.02%, while the Standard...
Read MoreWeekly Market Insights: Debt Talks Optimism Keeps Eyes on D.C.
Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with...
Read MoreWeekly Market Insights: Despite Stall, Debt Deal Optimism Cheers Markets
Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.The Dow Jones Industrial Average edged 0.38% higher, while the Standard &...
Read MoreWeekly Market Insights: Attention Turns to the Debt Ceiling
Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The...
Read MoreWeekly Market Insights: Friday Rally Trims Losses; CPI Report Next Week
A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Stocks Rally As Attention Shifts to Fed's May Meeting
Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week.The Dow Jones Industrial Average gained 0.86%, while the Standard &...
Read MoreWeekly Market Insights: Stocks show small losses after mixed week
Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses.The Dow Jones Industrial Average slipped 0.23%, while the Standard &...
Read MoreWeekly Market Insights: Lower inflation lifts spirits in uneven week.
The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged. The Dow Jones...
Read MoreWeekly Market Insights: Fed Talks Turkey on Lower Rates, Boosting Markets
Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week.The Dow Jones Industrial Average gained 1.78%, while the Standard & Poor’s 500 added 1.53%. The Nasdaq...
Read MoreWeekly Market Insights: Markets Down Ahead of Thanksgiving Holiday
The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials.The Dow Jones Industrial Average was flat (-0.01%), while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Cooling Inflation Brings Market Gains
A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week.The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index...
Read MoreWeekly Market Insights: Stocks Slip After Powell Comments
Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower.The Dow Jones Industrial...
Read More5 Areas a Holistic Financial Advisor Can Help You Reach Your Business Goals
If you own a business, then you know your personal financial picture is closely related to your professional success. Whether you are a small or large business owner – it’s essential to collaborate with a holistic financial...
Read MoreRetirement Planning Options to Consider: For Self-Employed & Business Owners
If you’re self-employed and own a business, it’s critical to prioritize your retirement savings. Unlike an employee who might have access to a company retirement program like a 401(k), you must create your own program to...
Read MoreThe Great Resignation: Timing is Everything
Have you considered a career change, early retirement, or a job shift due to recent events in your life or the world? If so, you might be part of the group of Americans roped into the “The Great Resignation.” If you...
Read MoreRoth IRA Conversions: Everything You Need to Know on this Tax-Efficient Strategy
A question we often hear is: Should I do a Roth IRA conversion? A Roth IRA conversion can be a powerful tool toward lowering your taxes over a long period of time, but the answer to whether it is suitable for you depends on a very...
Read More3 Ways to Talk to Your Kids About Money
It’s never too early to start money and finance conversations with your children or even grandchildren. Recent data shows that nearly 74% of teens desire to be financially literate, and 86% want to learn how to invest.1 How to...
Read More3 Ways to Strengthen Your Relationship Through Your Finances
Money is a common cause of stress in relationships, and if it is not discussed, it can start impacting more places than just your wallet. According to AICPA research, nearly three in four (73%) married or cohabitating Americans...
Read More3 Ways to Form Healthy Financial Habits
No matter what time of the year it is, reviewing your current financial situation is essential. You can check your spending habits and investments and evaluate any past or new debt you’ve taken on. When it comes to setting goals...
Read MoreHead's Up: New Yearly Adjustments for 2022 from the IRS
The start of a new year brings yearly adjustments from the IRS, encompassing more than 60 tax provisions that adjust annually for inflation. Below are some of the changes that stand out the most and could have the broadest impact on...
Read MoreDo I Need an Estate Plan? The Answer is Yes!
Estate planning can be a tough conversation to navigate with yourself and your family. Some avoid the topic altogether. Having the conversation about what happens after you pass can be even more difficult to navigate alone....
Read MoreWhat Can a Financial Advisor Do for You?
Everyone has financial questions, and it seems everyone has answers – friends, family, the internet, social media and more. At DKS Financial Strategies, we aim to cut through the noise and provide you with a financial partner who...
Read MoreEducation Planning 101: 529 Plans
With a new school year being kicked off, it’s an optimal time to think about saving and paying for your children’s college. The cost of higher education can exceed $100,000 per child in some cases. If your kids are...
Read MoreMedicare 101
What is Medicare? Medicare is health insurance for U.S. residents who are: Age 65 or older Under age 65 who are disabled – must be eligible for social security disability and it requires a 2-year waiting period People of any age...
Read MoreMeet Meg Conger - Client Services and Operations Specialist
Meg is a graduate of the University of Kansas where she earned a Bachelor of Science degree in Journalism. During her time at KU, she worked as an office administrator for a financial services company. While her career took her in the...
Read MoreMeet Massus Lindsley - Client Relationship Coordinator
Massus is a graduate from Benedictine University with a master’s in business administration degree. He has worked in the proprietary education sector for over 16 years in various roles including Director of Financial Aid,...
Read MoreMeet Amanda Kinchen - Client Relationship Coordinator
Amanda Kinchen grew up the daughter of an entrepreneur and eventually came to help her father with accounting aspects of his California-based tech business. There she grew to love numbers and gained valuable tax expertise –...
Read MoreMeet Bill Heminghaus - Financial Advisor
Bill Heminghaus has more than 30 years of financial service experience and has been with DKS Financial Strategies since 2017. He graduated from the University of Missouri at St. Louis with a Bachelor of Science in Business...
Read MoreMeet Kim Salaway - Chief Administrative Officer
Kim Salaway graduated from the University of Arizona with a Bachelor of Science degree in nursing. Kim has been with DKS Financial Strategies since day one – helping her husband, Doug, with all operational aspects of the company....
Read MoreMeet Doug Salaway - Founder of DKS Financial Strategies
Over the course of his career, Doug Salaway has built a depth of experience that spans the business, legal, tax, and financial planning realms. He grew up in New York City where he had early exposure to Wall Street and took an interest...
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