November 6, 2026 AI stocks stumbled, but the broader market held up better than the headlines suggest. A sharp tech selloff sent the S&P 500 down 4.7% and the Nasdaq down 9.5%, while the Dow slipped just 1.6%. Despite the turbulence, 7 of 11 sectors gained ground, led by Consumer Staples (+3.6%). Technology plunged 14%. Elsewhere, oil dropped 11.1%, gold climbed back above $4,000, and … [Read more...]
The New Kids’ Account Everyone’s Asking About, in Plain English
The New Kids’ Account Everyone’s Asking About, in Plain English
If you’ve heard “Trump Account” at a family dinner lately and nodded along, you’re not alone. These new children’s savings accounts came out of last year’s tax law, and they moved from idea to reality this fall. On October 1, the Treasury Department announced that automatic enrollment was complete. In its words, “every eligible child under the age of eighteen with a valid Social Security number … [Read more...]
“Safe” Money Pays 5% Again – Here’s What That Means for You
“Safe” Money Pays 5% Again – Here’s What That Means for You
5% sounds great. But what you earn - and when you can access your money - matters even more Remember when savings accounts paid you basically nothing? When “playing it safe” meant watching your money lose ground to inflation? That era is over. On September 30, the yield on the 10-year U.S. Treasury touched 5.304%, its highest level since 2002. A week later, the Treasury sold $39 billion … [Read more...]
📈 WURZ MARKET & MONEY MINUTE
📈 WURZ MARKET & MONEY MINUTE
Stocks Climbed. Small Caps Stumbled. And the Economy Kept Us Guessing. THE WEEK IN REVIEW Wall Street had another winning week—well, mostly.The S&P 500 gained 1.3%, and the Nasdaq rose 0.7%, but smaller companies weren't invited to the party. The Russell 2000 slipped 0.5%. The surprise? This week's winners weren't the usual technology giants. Energy jumped 4.1%, Consumer Staples … [Read more...]
Your Biggest Financial Risk May Be the Thing That Made You Rich
Your Biggest Financial Risk May Be the Thing That Made You Rich
When the investment that built your wealth becomes too big to ignore Some of the most successful people accumulate wealth precisely because they weren't diversified.An executive spent decades accumulating company stock. A business owner poured everything into one successful company. A real estate investor concentrated heavily in one market. An investor bought a stock years ago and watched … [Read more...]
2026 Didn’t get the Midterm-Year Memo
2026 Didn’t get the Midterm-Year Memo
Midterm election years have historically been a little rough on investors - more volatility, more uncertainty, and weaker returns. 2026? Not so much The S&P 500 is up nearly 12% year-to-date. At this same point historically, the average midterm year has been roughly flat, while the average non-midterm year has gained about 9% In other words, 2026 isn’t just beating the typical midterm … [Read more...]