Here are several reasons why stocks might unexpectedly jump in September. In the unpredictable world of stock markets, September has traditionally been a month that sends shivers down investors’ spines. Looking back to 1945, the S&P 500 has shown a decline more often than not in September, with an average return of -0.73%, according to…
Rising auto maintenance costs and higher insurance rates are in the works. In recent years, the price of auto ownership, insurance, and required repairs has dramatically grown, in line with growing prices and currency inflation. Frank Ferreira, President of Fera’s Automotive Services in Sharpsburg, claims that costs for labor, rent, taxes, equipment, and components have…
Are the markets headed for fresh all-time highs? Although it would seem contradictory, the S&P 500 tea leaves are really pointing in that direction, according to J.P. Morgan secret weapon in the American market, Andrew Taylor. Taylor asserts that despite the current concerns, the S&P index is still within 5% of its all-time high and…
Due to rising risks from natural catastrophes, the American Automobile Association withdrew from providing insurance in Florida, joining an expanding list of insurance companies leaving the Sunshine State. In an email to CBS MoneyWatch, the company said: “Unfortunately, the Florida insurance market has become challenging in recent years.” Devastating hurricanes last year had a significant…
