Entries by Amanda Hale

How Much to Save in your Retirement Accounts in 2024

As we begin 2024, now is an opportune moment to assess your savings plan for the upcoming year. While individuals may tailor their savings strategies annually based on their specific short- and long-term objectives, our focus here is on delving into retirement savings. How Much Can You Save? In 2024, the allowable contribution to your […]

2024 Poll Results & Lake Street’s Milestone

Happy New Year to you all! We want to thank everyone who took the time to complete the poll last week which outlined your predictions in 2024.  Below are the results from our latest survey. S&P Price Target Predictions Although the most optimistic forecasts align with those of the most bullish Wall Street analysts, the […]

The Importance of Santa Coming to Town

As the holiday season begins, we are nearing what is commonly referred to as the “Santa Claus Rally” in the stock market. Specifically, this rally encompasses the final five trading days of the current year and the initial two days of the subsequent year. For instance, in 2023, the seven-day Santa Claus Rally is set […]

Inflation –CPI vs Real Time Indicators

On Tuesday, we received the final Consumer Price Index (CPI) report for 2023, providing insights into November’s numbers. The CPI figure for November showed a 3.1% increase compared to the same month last year, a slight decrease from the 3.2% reported in October. In essence, inflation continues to follow a favorable path, aligning with the […]

On the Street Monthly – Cautiously Optimistic

If you’ve ever cornered a market forecaster and inquired about their outlook, you’ve likely encountered the phrase “Cautiously Optimistic.” Admittedly, we’ve used these words with investors, and I find myself ambivalent about them. As investors, we embrace risk, so a degree of caution is inherent. Yet, we willingly take risks because, historically, there has always […]