Here’s your chance to shape the Eagle Wealth Community
Hello Eagle Wealth Community,
You may have noticed some changes around Eagle Wealth this last year. With all of us at home, we knew it was important to strengthen our communications. Now, we could really use your help.
Can you take a survey about your experience with us?
We have a lot of ideas on how to make Eagle Wealth even better, but what really matters is what YOU think. Can you spare 15 minutes and tell us how we can best meet or exceed your expectations?
You deserve service tailored to you. So, our survey asks about your meeting preferences, what you think of these weekly newsletters, and our educational events. We want to know what works best for you.
We value your time. So, what better way to return the favor than with a gift of experience. When you complete our survey, you’ll be entered into a drawing to choose from one of the gifts below. Two winners will be chosen and contacted after the survey closes.
Your Chance to Win One of the Following
Annual subscription to Masterclass, an online learning platform that offers classes taught by world renowned experts. Take a writing course from Margaret Atwood, get some tennis tips from Serena Williams, learn how to tell a better joke from Steve Martin, or cook a beautiful meal with Alice Waters. With over 100+ classes, there’s something for everyone.
$150 airbnb gift certificate – Maybe you could use a relaxing weekend at the beach, a quiet cabin in the woods, or just a change of scenery. We hope you make some memories and truly unwind.
Annual subscription to Book of the Month Club. Would you rather kick back and relax at home with a good book? Every month this book club suggests 5 books, you choose which book you’d enjoy the most, they ship, and you enjoy!
Survey Details
- Survey link emailed this Thursday, March 11thfrom info@myeaglewealth.com.
- Please respond by Friday, April 2nd.
- 2 drawing winners will be notified in April
- Later this spring we’ll publish the (anonymized) results.
Thank you for sharing your voice with us. We look forward to hearing from you.
Sincerely,
Your Eagle Wealth Team
Thank you for the response on our Invested in Community program. We’re very happy that so many of you signed up. If you haven’t read the details yet, please head over to our Invested in Community page to learn more. Our first drawing is Wednesday, March 18th.
International Women’s Day
Today we’re celebrating International Women’s Day.
In 1920, women fought for the right to vote. In 1974, single and divorced women were finally able to secure a credit card without needing a male cosigner.
Shoutout to our very own female CERTIFIED FINANCIAL PLANNER™, Suzanne Daniel, CFP®. We’re so proud to have a strong and inspiring team member. Fun fact: only 23% of CFPs are women.
While we’ve made many strides, this day reminds us that there is still a long way to go to ensure equality for all women everywhere. Take time today to appreciate the women in your life and the hard work they do.
The Week on Wall Street
Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally.
The Dow Jones Industrial Average gained 1.82%, while the Standard & Poor’s 500 increased by 0.81%. The Nasdaq Composite index fell 2.06% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, rose 0.76%.
Rising Yields Whipsaw Stocks
The week began on an ebullient note as stocks surged on a retreat in bond yields and approval of a new vaccine, with sharp gains in reopening stocks, hard-hit technology companies, and small-cap companies.
But the optimism proved fleeting as worries over rising bond yields upended the high valuation growth stocks and sent the broader market lower. Deteriorating investor sentiment culminated in a steep sell-off on Thursday, sparked by comments from Fed Chair Jerome Powell that did little to allay investors’ concerns about rising yields and festering inflation anxieties.4
Stock prices rallied on a strong employment report on Friday, but some of the enthusiasm was tempered by rising yields.
U.S. Dollar’s Surprising Strength
Last week, the U.S. dollar gained 0.93% against a basket of international currencies—a relatively big move in the currency market. Year-to-date the dollar has appreciated over 2%.5
U.S. dollar strength this year has defied the expectations of many analysts who anticipated that a global economic recovery would prompt a shift away from the safe harbor of the dollar toward non-dollar denominated assets.
However, rising U.S. yields and a faltering economic rebound in Europe have instead propelled the U.S. dollar higher, raising concerns about tight financial conditions abroad and its potential adverse impact on an emerging markets recovery.
THE WEEK AHEAD:
KEY ECONOMIC DATA
Wednesday: Consumer Price Index (CPI).
Thursday: Jobless Claims. Job Openings and Labor Turnover Survey (JOLTS).
Friday: Consumer Sentiment.
Source: Econoday, March 5, 2021
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.
THE WEEK AHEAD:
COMPANIES REPORTING EARNINGS
Wednesday: Campbell Soup Company (CPB).
Thursday: JD.com (JD), Ulta Beauty, Inc. (ULTA), Docusign (DOCU), GoodRx Holdings (GDRX).
Source: Zacks, March 5, 2021
Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.