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Choosing A Financial Advisor
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News from Schott Financial Management
A Timely Opportunity
I’m happy to report that the debt ceiling has been raised and an impending financial crisis averted. For now. Some say we are kicking the can down the road until 2025. In addition, The Federal Reserve hinted at taking a pause on rate hikes. This is positive news for...
Market Update: Spring 2023
It’s the first week of May and so far 2023 has been a good year for the markets. With 25% of this year already gone, I wanted to bring your attention to a few things: NASDAQ is up over 15%, a positive response to a very negative 2022. The Federal Reserve continues to...
Schott Financial Management Welcomes Tygan Holtey to the firm.
Schott Financial Management announces the appointment of Tygan Holtey as their new Registered Assistant and Associate Financial Advisor. Tygan comes to Schott Financial with his Security Industry Essential (SIE), Series 7 and Series 66 qualifications, and plans to...
2023: Market Outlook
2023 is well underway. Watch financial advisor, Steve Schott, speak a bit about what to expect from the markets this year.
An Update on Rising Interest Rates
I've been in training for several weeks. Attending Cambridge's National Conference and then a market update seminar for First Trust. The purpose of this training was to be around the best minds in our industry. The re sounding takeaway is two-fold. The market is...
To Be Or Not To Be….In a Recession
As I meet with clients this summer, one question that keeps coming up is, are we headed for a recession? The answer to this question depends on who you ask. Typically, a recession occurs when GDP (Gross Domestic Product) declines in the US for two fiscal quarters....
An Update on Market Volatility
When writing this article on May 1st, I can't help but think what a year it's been! Markets have been volatile, influenced by headlines about inflation, rising interest rates, and war in Eastern Europe. Large-cap technology stocks that performed well in the pandemic...
Interest Rates and Inflation
2022 has been off to a volatile start. The Financial Sector has seen its 8th correction of 10% of the markets in 20 years. As anxiety-provoking as corrections can be, they are a necessary part of the process, especially if we want to see a return on our investments....
2022 Market Update
I wanted to provide a quick synopsis about what’s going on with the markets. As you probably know, 2022 has been volatile for the US Equity Markets. Today, the Dow Jones Industrial Average is down 482 points. The reason for this downturn is three-fold. The headlines...
