Driven largely by fears of slowing global growth, U.S. markets continued their selloff through Friday’s trading session. Sparked initially by weaker than expected economic data from China, mounting concerns surrounding the sustainability of international economic growth triggered a broad-based market selloff. All three major U.S. indices ended the session lower. This development comes in spite of the announcement that China … Read More
How to Beat the Market Heat
When volatility hits, keep a cool head and consider taking advantage of potential opportunities. Periods of market volatility can trigger emotional responses in investors. When the markets are as reactive as we’ve seen lately, it can be natural to feel some apprehension, but that’s why you and your advisor have spent time developing a tailored financial plan – so … Read More
Raymond James Thoughts on the Market
Tech Titans Teeter Equity markets fell on Monday with technology leading the way. Concerns over trade, faltering technology sales and fears over possible regulation of data combined to take the Dow down almost 400 points (1.56%), the S&P was off 45 points (1.66%) and the NASDAQ was off 219 points or 3%. Michael Gibbs, Managing Director of Equity … Read More
October Uncertainty Spooks Investors
Stocks have tumbled this week, reflecting investor concerns around topics including earnings, global tensions and interest rates. October 24, 2018 Stocks tumbled this week on fears surrounding corporate earnings, global economic growth, rising interest rates, and the continued fallout of protectionist trade policies. Since October 1, the Nasdaq, S&P 500, and Dow Jones Industrial indices have fallen 11.6%, 9.1%, and … Read More
Women, Power, and Money
Laura Webb Article published in the October 2018 issue of WNC Woman https://wncwoman.com/ Money is power. It‘s taken me a while to get comfortable with saying those words, and I’ve worked with people and their money for more than 23 years. Women seem particularly uncomfortable talking about money and even more uncomfortable admitting the power it has in their lives. … Read More
Statistics for Long-Term Care
Did You Know… Statistics for Long-Term Care… Almost 70% of people turning age 65 will need long-term care services and supports at some point in their lives. 1 Medicare and most health insurance plans, including Medicare Supplement Insurance (Medigap) policies, don’t pay for long-term “custodial care.” 2 About 67% of nursing home residents and 70% of assisted living residents are … Read More
Webb Investment Services Launches New Website
ASHEVILLE, NC – JULY 31, 2018– Webb Investment Services is pleased to announce the launch of our new website and new web address – www.webbinvestmentservices.com. The redesigned site is intended to reflect what we feel makes our firm distinctive – Webb Investment Services is a team of established financial professionals who strive to make wealth management approachable and unintimidating. We … Read More