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September 9, 2024
Fidelity Bank – Wealth Management August 2024 William J. Fennie III, CFA Despite an abrupt end to the dollar-yen carry trade in the beginning of August, equity and bond markets continued their climb. The VIX index, often known as the “fear gauge” jumped from 16 on July 31st to 38 on August 2nd as the […]
September 6, 2024
While balancing work, family, and friends, it can be easy to let certain financial subjects lie dormant in the “let’s think about that later” section of the brain. Saving for retirement can be one of those subjects, but it’s important to resist that tendency. Regardless of one’s financial situation, it’s always a good idea to evaluate retirement savings options. It’s never too late to start, or modify, a plan.
April 24, 2024
Fidelity Bank – Wealth Management, March 2024, William J. Fennie III, CFA Resilient economic data buoyed investors’ spirits during the first quarter of 2024. Confirmation of greater than expected 4Q 2023 GDP, a surprise expansion reading of ISM Manufacturing PMI (50.3) and macroeconomic data elsewhere around the world further supported the prospect of a resilient […]
February 15, 2024
Fidelity Bank – Wealth Management, January 2024, William J. Fennie III, CFA Global markets were a mixed bag to start the new year. After a rally in almost every asset class to end 2023, January saw US stocks rise 1.68%, while US Investment Grade Bonds fell 0.28%. Strength of the economy, inflation, disinflation, and the […]
April 1, 2021
For those who may need a higher level of financial services, Fidelity Bank Wealth Management Division’s team approach can provide the necessary assistance. Members of the team provide investment and asset management, private banking, and trust and fiduciary services. From clients who are in the early stages of their careers, to those who are well-established
