Is This The Beginning of the End? A Look At October 2018 Market Volatility

The PKA Team By | On October 16, 2018

With the recent two-day drop in the stock market, there is increasing fear that this is it—the big one that will take us back to the depths of 2008. Although that level of concern is certainly understandable, a closer look at the real economic and market situation around the world suggests that the volatility we […]

Market Update for the Quarter Ending September 30, 2018

The PKA Team By | On October 4, 2018

A mixed September but strong quarter for U.S. stocks September started with some volatility, but it ended on a positive note for most U.S. markets, capping off a strong third quarter. The Dow Jones Industrial Average (DJIA) led the way for the month with a return of 1.97 percent, and the S&P 500 followed with […]

Market Update for the Month Ending August 31, 2018

The PKA Team By | On September 6, 2018

A mixed month for markets U.S. markets performed well in August. The Nasdaq Composite gained 5.85 percent, the S&P gained 3.26 percent, and the Dow Jones Industrial Average rose 2.56 percent. These solid results were bolstered by strong fundamentals. According to FactSet, the estimated earnings growth rate for the S&P 500 was 25 percent in […]

Bryan Pratt, CFP® Honored in Forbes’ List of Top Next Gen Advisors

The PKA Team By | On August 8, 2018

We are excited to announce that Bryan Pratt, CFP®, has been named to the Forbes’ Top Next Generation Wealth Advisors list for 2018. The list was published recently on Forbes.com. Bryan is one of only 23 advisors selected from the State of Minnesota, and of those, one of just two based outside of the Minneapolis-St. Paul […]

Market Update For The Month Ending July 31, 2018

The PKA Team By | On August 6, 2018

Strong July for global markets Global markets had a strong July, rebounding from a volatile June. Here in the U.S., the S&P 500 Index gained 3.72 percent while the Dow Jones Industrial Average grew 4.83 percent. The Nasdaq lagged its counterparts with a gain of 2.19 percent, after a technology sell-off pulled down performance at […]

2018 Midyear Outlook: Will the Economy and Markets Keep Growing?

The PKA Team By | On July 16, 2018

After the performance we saw last year, we had high hopes for the economy and markets in 2018, but the first half of the year was disappointing. Expectations softened as the stock market pulled back early in the year, economic growth slowed, and risks—largely in trade—rose. As we hit midyear, though, those initial hopes appear […]

Market Update for the Quarter Ending June 30, 2018

The PKA Team By | On July 6, 2018

Volatile June caps off eventful quarter June was a volatile month, with earlier gains offset by later losses. Still, both the S&P 500 Index and the Nasdaq Composite ended the month in positive territory. The S&P 500 rose 0.62 percent during the month, while the Nasdaq led the way with a gain of 0.98 percent. […]

Market Update For The Month Ending May 31, 2018

The PKA Team By | On June 7, 2018

Mixed May for markets U.S. equities and fixed income rallied in May while foreign stocks declined. The Dow Jones Industrial Average was up 1.41 percent, the S&P 500 Index gained 2.41 percent, and the Nasdaq popped 5.50 percent. Better-than-expected fundamentals supported returns. According to FactSet, as of May 25, with 97 percent of companies reporting, […]

Market Update for the Month Ending April 30, 2018

The PKA Team By | On May 7, 2018

Markets start to spring back U.S. markets rebounded in April after two turbulent months. The S&P 500 Index gained 0.38 percent, the Dow Jones Industrial Average was up 0.34 percent, and the Nasdaq Composite posted a 0.08-percent return. Strong fundamentals supported the rebound. According to FactSet, as of April 30, the estimated first-quarter earnings growth […]

Market Update for the Quarter Ending March 31, 2018

The PKA Team By | On April 9, 2018

Stormy March drags down markets March was a rough month for financial markets across the globe, as tariffs and trade wars grabbed headlines. All three major U.S. indices were down for the month. The Dow Jones Industrial Average was hardest hit, posting a loss of 3.59 percent. The S&P 500 Index and Nasdaq Composite were […]