Monthly Archives: September 2017

  • Get Out, Get Active

Ready to break a sweat this fall?

2021-06-10T16:23:23-05:00September 28, 2017|Categories: Resource Center|Tags: |

Here are 6 ways to get out, get active and live healthier in Chicago.

At CTS, we believe that a holistic approach to wellness, from financial fitness to physical and mental health, are key elements to living a successful and fulfilled life. And if you’re anything like us, we know that Chicago, with its rich culture and diversity, is the perfect place to get out and explore. Here are six ways to enjoy an active lifestyle in our dynamic city.

Stocks Mixed, Fed Changes Policy

2017-09-25T15:41:20-05:00September 25, 2017|Categories: Weekly Update|

The Weekly Update

Week of September 25, 2017
By Christopher T. Much, CFP®, AIF®

Domestic indexes were mixed last week, as the Dow gained 0.36%, the S&P 500 eked out a 0.08% increase, and the NASDAQ lost 0.33%. International stocks in the MSCI EAFE added a solid 0.68%.

Three stories that have dominated conversations and driven investor attention in 2017 continued last week:

  • Healthcare policy: The Senate’s continuing discussion of healthcare reform impacted stock performance in connected industries.
  • Tension with North Korea: The markets responded quietly to continuing conflict between President Trump and Kim Jong Un, although some investments saw a bump later in the week.
  • Interest rate updates: While the Fed chose not to raise interest rates in its most recent meeting, it indicated that a December hike is definitely still on the table.

When announcing its latest interest rate perspectives, the Federal Reserve also indicated that it would begin to reduce …

Understanding Record Highs

2017-09-19T10:16:33-05:00September 19, 2017|Categories: Weekly Update|

The Weekly Update

Week of September 18, 2017
By Christopher T. Much, CFP®, AIF®

After briefly stumbling the week of September 4, domestic indexes notched significant gains last week and hit record highs. By Friday, the S&P 500 exceeded 2,500 for the first time, the Dow closed at its highest level ever, and the NASDAQ reached an intraday record. Each of the indexes gained well over 1% for the week, with the S&P 500 adding 1.58%, the Dow jumping 2.16%, and the NASDAQ increasing 1.39%. International stocks in the MSCI EAFE also performed well, with a weekly gain of 0.55%.

When looking at these sizable increases, you might expect that positive data and geopolitical calm filled the news last week. Instead, we experienced a number of occurrences that could have derailed stock performance:

  • North Korea tested another missile
  • London experienced a terrorist attack
  • Industrial production declined in August
  • Retail sales fell in …
  • Planned Philanthropy

Giving Back with Planned Philanthropy

2021-06-10T16:28:11-05:00September 14, 2017|Categories: Resource Center|Tags: , |

What part does philanthropy play in planning a lasting legacy?

At CTS, we understand that success in life is about more than amassing wealth. It’s about the conscious legacy you leave behind for your loved ones, community, and society – the lives you’ve touched or perhaps even changed. We created this special article to share what we believe are some of the financial and social benefits of a proactive approach to philanthropy. Grab a copy here.

Could Weather Cause Headwinds?

2017-09-12T12:46:10-05:00September 12, 2017|Categories: Weekly Update|

The Weekly Update

Week of September 12, 2017
By Christopher T. Much, CFP®, AIF®

Last week, the markets closed for Labor Day, and in the subsequent four trading days, all three domestic indexes gave back some recent gains. The S&P 500 declined 0.61%, the Dow lost 0.86%, and the NASDAQ slid 1.17%. International stocks in the MSCI EAFE faired better, ending Friday up 0.78% for the week.

On Wednesday, September 6, we received solid data from the services sector, with the ISM Non-Manufacturing Index showing growth in 15 of the 18 industries it tracks. The trade deficit also stayed relatively static for July, avoiding the widening trade gap forecasters predicted. Both reports may indicate that the economy continues to be on stronger ground than many people believe.

But last week’s new economic reports were not what drove many headlines or captured people’s attention. Between Hurricane Harvey’s devastation in Texas and Louisiana, Irma bearing …

The Economy Picks Up Speed

2017-09-05T14:43:00-05:00September 5, 2017|Categories: Weekly Update|

The Weekly Update

Week of September 5, 2017

By Christopher T. Much, CFP®, AIF®

Last week gave a number of things for both investors and non-investors to think—and worry—about. From North Korea’s missiles to Hurricane Harvey’s devastation to an unemployment uptick, the headlines were busy. Yet, despite these circumstances, U.S. stocks posted gains again this week—and the NASDAQ ended Friday with a new record high and 2017’s best weekly performance. Overall, the S&P 500 added 1.37%, the Dow was up 0.80%, the NASDAQ gained 2.71%, and the MSCI EAFE increased by 0.55%.

So, what did we learn about the economy last week that helped contribute to these gains?

Big News: GDP Hits 2-Year High

On August 30, the Commerce Department released its second reading of Q2 Gross Domestic Product. After sluggish growth in the first quarter of 2017, consumer and business spending helped advance …

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