Aurum Wealth Management Group LLC, is pleased to announce that it has finalized an agreement to combine the assets and human capital of Reghetti Moore Wealth Advisors (Reghetti Moore), an Akron, Ohio-based wealth management firm.
Housing is an important component of the U.S. economy. Monitoring this sector’s strength and growth trend has forecasting value. Housing prices are looking to continue increasing and driving the U.S. economy.
Aurum Wealth Management summarizes the latest investment news including: The U.S. economy, European stocks look cheap and could be seeing a turn in earnings, Corporate credit spreads and REITs.
During the previous business cycle, the Federal Reserve raised interest rates 17 times in increments of 0.25%, taking the Fed funds rate from 1.00% to 5.25%. The committee increased rates at each meeting over 24 months from June 2004 to July of 2006. While the Federal Reserve controls the Fed funds rate, it influences the bond market.
There are investment opportunities for those willing to look at uncomfortable places. Equity momentum is positive across regions. The back-up in interest rates could offer up compelling value in fixed income as well.
In a quiet corner of the asset management world, big changes are impacting investors.
It was only a few years ago that people from both sides of the aisle in Congress were calling for austerity. The same went for members of the ECB and politicians in Germany and the UK. All across the globe cutting debt was the way to prosperity. It turns out those policies were wrong.
There is a big divide among those who are positive and negative on the economic and financial outlook. We serve up charts for both groups this week.