Financial News

Ending a Dizzying Week on a High Note 

We may be past the fourth of July, but this week was full of fireworks.   Summer analogies aside, this week was one of the most packed stretches of market moving data this year. Between economic data, earnings results, a rapidly evolving pandemic, and a fiscal stimulus fight, there were enough headlines to keep us off […]

Financial News

Going Over the (Fiscal Stimulus) Cliff

We’re about to hit our first cliff in the economic recovery: a fiscal cliff. Right now, Congress is debating a new fiscal policy plan (i.e., stimulus) that could determine the financial fates of millions of consumers and businesses for the rest of the year.  Lawmakers aimed high for the first round of stimulus, but many […]

Ally News

An Ally from the Beginning: 5 Reasons Why We Love Soccer and Our Commitment to Community

As the founding and lead sponsor of Charlotte’s new MLS club, Charlotte FC, we believe in the power of play and the importance of sports in building teamwork, community, and healthy habits — but what is it about soccer that we especially love? Here are a few reasons why this sponsorship and our work with […]

Financial News

Decoding the Fear Index

U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open.  They’ve bought gold at a historical pace, boosting the metal’s price to nine-year highs. Same goes for Treasuries, which is why yields are at all-time lows. Lately, we’ve seen that cautious attitude spread to the U.S. options market. A gauge of market worry (the CBOE Volatility Index, or VIX) is stuck at higher-than-average levels, even though stocks are hovering […]

Financial News

Earnings Season: Keep Your Eye on the 2021 Outlook

U.S. companies are about to give us a look into their worst quarter since the Great Financial Crisis.   Currently, Wall Street analysts expect second quarter earnings per share (EPS) growth to decline 45%. While the earnings bar has been lowered significantly for all companies since the pandemic struck, results from the most recent quarter will likely be mixed, with some companies […]

Technology

The Tech Behind Our New, Smart Savings Tools

If you could make saving money easier with the click of a button, would you? Of course, the idea sounds great … still, it’s natural to think it’s too good to be true. But with the incredible technology available to you today through online banking, it doesn’t have to be. If you’re wondering “what are […]

Technology

7 Expert Tips for Staying Safe While Mobile Banking

Nowadays, you can deposit checks over your morning coffee, check your account balance during your lunch break, or make a cashless transfer to a roommate for the monthly electric bill. These mobile banking capabilities are certainly convenient, but you may be wondering: Do they put your financial information at risk? With so many people doing […]

Guest Voices

How Anna N’Jie-Konte Brings Communities of Color Into Investing

Anna N’Jie-Konte likes to dream big. A Certified Financial Planner, business owner, wife, and mother of three, she has built a career that not only lets her live out her dreams in a big way — but allows her to help clients make theirs a reality, too. We spoke to Anna about forging a career […]

Financial News

Tech Tops a Shaky Market

While the U.S. stock market flounders near record highs, one pocket of equities has already closed the deal: technology stocks. The Nasdaq 100 Index, a technology-heavy group of stocks, has closed at six all-time highs since the market bottomed in March. It’s a success story that isn’t terribly surprising given societal trends these days, but […]

Financial News

Volatility Returns Near Record Highs

Note: This week, the Weekly Viewpoint is being published a day early in observance of Juneteenth. Stocks have pushed within striking distance of record highs, but lately, it hasn’t been smooth sailing. March’s seasick markets are back, with the S&P 500 trading in at least a 2.5% range for four days from June 11 to […]

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