Mark Levy’s Economic Update – February 2014

Mark Levy’s Economic Update – Tuesday, February 04, 2014  None of our clients should be surprised by the current equity market correction we are in. I have been preparing you in these newsletters for the “pause that refreshes”. Declines that occur in bull markets are necessary for reinvigorating the next leg up. The challenge is […]

Mark Levy’s Economic Update – Tuesday, October 8, 2013

Mark Levy’s Economic Update – Tuesday, October 8, 2013   The stock market is trending lower today due to investors’ concerns of the recent government shutdown and the looming deadline of October 17, 2013 as the date the U.S. debt limit must be raised by. If an agreement isn’t reached by then, there is concern […]

Mark Levy’s Economic Update – Wednesday, September 11, 2013

Mark Levy’s Economic Update – Wednesday, September 11, 2013 Today is the 12th anniversary of the 9/11 attacks against our country. Being born and raised in Long Island, New York, I feel close to the horrific events that occurred and wish to honor the memory of all the victims and responders who were hurt or […]

Mark Levy’s Economic Update – Wednesday, Aug. 7, 2013

Last week, financial markets absorbed a nearly unprecedented amount of information on the health of the economy and corporate America. It was just the 8th week in the past 708 (since January 2000) that the U.S. Department of Labor’s monthly labor market report, the Institute for Supply Management’s (ISM) monthly report on Business, the Federal […]

Mark Levy’s Economic Update – Monday, July 8, 2013

 Mark Levy’s Economic Update – Monday, July 8, 2013 These are interesting times. Gold has been falling along with bond prices of late. Foreign markets have been volatile and the US equity markets, after a short lived correction, seem to be rising again (for the moment). Choppiness is expected during the second half of 2013, […]

Mark Levy’s Economic Update – June 5, 2013

Our stock market investments have been able to take advantage of opportunities in the market.  After touching 15,539 in May, the Dow 30 Industrial Average is currently trading at 15,028. The expected correction in the stock market talked about in my last three newsletters is taking place as I write this newsletter. It may take […]

Mark Levy’s Economic Update May 7, 2013

Mark Levy’s Economic Update Tuesday – May 7, 2013 On the Legacy Wealth Planning website, we link every week the latest LPL Financial Weekly Economic Commentary along with the Weekly Market Commentary. The writers are John Canally, LPL Economist and Jeffrey Klientop, LPL Chief Market Strategist, respectively. This week’s work by John Canally is a […]

Mark Levy’s Economic Update April 9 2013

Mark Levy’s Economic Update – Tuesday, April 9, 2013  I know I keep talking about a possible equity market correction, but it has yet to happen in the stock indices. This morning the Dow 30 Industrial Average is trading at 14,664, just 10 points from its all-time trading high. We like this of course, because […]

Mark Levy’s Newsletter March 5, 2013

Mark Levy’s Economic Update – Tuesday, March 5, 2013 This morning the Dow 30 Industrial Average is at an all-time high from it’s inception and is trading at 14,251, up 130 points for the day. CNBC is making a big deal about this event, but I encourage you to keep your investment emotions in check as […]

Mark Levy’s Economic Update February 7, 2013

Last Friday, the Dow Industrial Average closed at 14,000 for the first time since October 2007. Pleased as most of us are to see this milestone reached again, it is probable that a “pause” may soon take place. The 4th quarter earnings report season “sweet spot” is behind us as is the lift it sometimes […]