Glassman Wealth Services LLC

Just as with every month, traders focused particular attention on the March employment report, which was released after the markets closed for the week. It was fortunate that markets were closed, because the report introduced new uncertainty into the economic outlook. Read More...

As financial advisors, we look at a broad range of market and economic forces to form our investment decisions. In our monthly economic report, we take a look at the effects these forces have had on markets nationally and globally during the month. This broader perspective helps us to provide more insightful investment and financial planning advice to our clients. Click Here to see our March 2012 report. Read More...

As financial advisors, we look at a broad range of market and economic forces to form our investment decisions. In our monthly economic report, we take a look at the effects these forces have had on markets nationally and globally during the month. This broader perspective helps us to provide more insightful investment and financial planning advice to our clients. Click Here for report. Read More...

As financial advisors, we look at a broad range of market and economic forces to form our investment decisions. In our monthly economic report, we take a look at the effects these forces have had on markets nationally and globally during the month. This broader perspective helps us to provide more insightful investment and financial planning advice to our clients. Click Here for report. Read More...

Consumer data entered the fray last week to mixed results.  Personal income was up 0.3% in May, but concerns about the stagnating recovery resulted in no gains to personal spending.  With income and spending little changed, the personal savings rate also held steady at 5.0%.  The personal savings rate spiked in 2009, but fell after consumers were confident enough to dip back into their savings accounts.  Read More...

In our Monthly Economic report, we take an in-depth look at the changes in our markets and the effects of economic policy nationally and globally. This broader perspective provides greater clarity in understanding the forces that affect investment performance and future expectations. Click Here for report. Read More...

Equity indices logged solid gains this past week with the S&P 500 index up 2.5% and the Dow Jones Industrial Average up 2.6%.  The positive outcome was a result of light trading on Thursday and Friday, although it appears there is little conviction in the rally with trading volume falling well short of the 50-day average over the course of both days. Read More...