Insights from Encore
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Monthly Economic Update June 2021
U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite,...
Monthly Economic Update May 2021
U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up...
Monthly Economic Update April 2021
U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62 percent. The Standard &...
Monthly Economic Update March 2021
U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 percent. The Standard & Poor’s 500 Index rose 2.61...
Monthly Economic Update February 2021
U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of companies roiled markets. The Dow Jones Industrial Average dropped 2.04 percent and the Standard & Poor’s 500...
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Bank of America CEO Brian Moynihan says consumer spending is 20% higher this year than 2019
cnb.cx
Nearly all spending categories have recovered with the exception of travel, according to the Bank of America CEO.
Gas Prices Are Soaring. Here’s How to Cut Costs This Summer.
bit.ly
As summer travel heats up, gas prices are hitting a national average of more than $3 per gallon.
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There is always something new to learn when it comes to finances – new offerings and laws, new concepts. With that in mind, we offer a monthly newsletter with relevant information related to the ins...
ADP: Employers Add Nearly 1 Million Jobs in May, Jobless Claims Fall Below 400,000
bit.ly
The strong monthly showings could foreshadow a good monthly jobs report from the government on Friday.Our Mission
At Encore Financial Group, we are dedicated to helping members of our community achieve and maintain financial independence. We do this via a holistic approach to reducing risk, offering protection services and potential growth opportunities for our clients who love their family and are serious about their money.