Heritage Financial Advisory podcast

7:55

Join Mike Desepoli for an update on the markets and the economy.

Heritage Financial Advisory

1
Heritage Insider Weekly | May 5th, 2023 5:53

2 years ago5:53

5:53

Join Mike Desepoli as he discusses the markets and the economy for the week ending May 5th, 2023.

Heritage Financial Advisory

1
Heritage Market Update | March 22nd, 2022 9:35

3 years ago9:35

9:35

Welcome to the Heritage Market Update for Tuesday March 22nd, 2022.

Heritage Financial Advisory

1
Heritage Market Pulse | Friday March 18th, 2022 8:06

3 years ago8:06

8:06

Welcome to the Heritage Market Pulse for Friday March 18th!

Heritage Financial Advisory

1
Heritage Market Update | Tuesday March 15th, 2022 12:15

3 years ago12:15

12:15

Join Mike Desepoli for the Heritage Market Update for March 15th, 2022

Heritage Financial Advisory

1
Heritage Special Market Update | February 17th, 2022 19:40

3 years ago19:40

19:40

Join Mike Desepoli for a special market update for Thursday February 17th, 2022.

Heritage Financial Advisory

1
Heritage Market Pulse | Black Friday Edition 7:27

3 years ago7:27

7:27

Welcome to the Black Friday Edition of the Heritage Market Pulse! If you were expecting a sleepy Friday, the stock market has other plans for you. Today all across the US economy businesses will slash their prices in hopes of attracting new customers and more sales. In keeping with the theme, we are seeing prices slashed all across the stock market today as well. What's quite ironic, the stock market is the only place where things go on sale and no one wants to buy anything. We are seeing a sharp declines across the board today, and the main culprit is the emergence of a new Covid variant found in South Africa. It's important to stress that very little is known at this point about this latest strain, including whether it can evade vaccines or how severe it is relative to other mutations....but that's not stopping the media machine from spinning this up into a full blown panic. What's exacerbating the moves in the markets is the fact that today is a holiday shortened trading session, and trading volumes are extremely light compared to normal days. Historically speaking as we look back over the past 18 months, selling into these sharp declines created by the emergence of a new variant has been the wrong move in the past and we expect it to be the wrong move this time again. Viruses mutate, that's what they have always done and that's what they will continue to do. There is a silver lining to the sell-off today, as oil prices and interest rates have plummeted on the news. If you've been following along with us, you know that interest rates and oil prices have been a concern of the market lately, with the concern being that the Federal Reserve was going to be forced to raise interest rates to stomp out inflationary pressures. That narrative should be put to bed for a while, which will benefit growth investments. Join Mike Desepoli as he lays out all the things you need to know.…

Heritage Financial Advisory

1
Heritage Market Pulse | Friday November 19th, 2021 5:23

3 years ago5:23

5:23

Welcome to the Heritage Market Pulse for Friday November 19th! The S&P 500 and Nasdaq edged higher to close, but the Dow took a hit and closed just under for the day. Investors are still digesting the combination of strong earnings, rising prices, labor shortages, inflation, and the future of the post-Covid economy. US jobless claims are edging down, with 268K last week vs. 269K a week earlier. Claims are still at the lowest level since the beginning of the pandemic. More than 90% of S&P 500 companies have reported Q3 results, with 80%+ beating analyst expectations. Investors will keep an eye on Biden's Fed Chair pick, which is expected to unveil by the weekend.…

Heritage Financial Advisory

1
Heritage Market Minute | October 11th, 2021 3:37

4 years ago3:37

3:37

Welcome to the Heritage Market Minute for Monday October 11th! Markets are starting the week lower as the bond market is closed for Columbus Day. It's a busy week for the markets as earning season kicks off later this week, starting with the big banks. Earnings are always a critical part of our evaluation process as corporate profits are one of the main drivers of equity markets. Markets are just a few days away from entering the best 7 month stretch of the year and hopefully breaking away from some of the weak seasonality we have seen as of late. Join Mike Desepoli as he breaks down the action the team is watching.…

Heritage Financial Advisory

1
Heritage Market Minute | October 4th, 2021 7:38

4 years ago7:38

7:38

Welcome to the Heritage Market Minute for Monday October 4th! Markets have been ugly as of late, so we are taking some extra time this week to discuss market corrections and the role they play in extending the longevity of a bull market. Anytime the markets drop, investors first reaction is to ask "what's wrong with the market?", but it is important to remember that market corrections are a feature of the market...…not a malfunction in the market. Join Mike Desepoli as he shares our thoughts and reinforces our view that this market heads higher from here.…

Heritage Financial Advisory

1
Heritage Market Minute | September 27th, 2021 3:57

4 years ago3:57

3:57

Welcome to the Heritage Market Minute for Monday September 27th, 2021. Markets are starting the week off on a mixed note as the Dow Jones is higher and the Nasdaq is lower in Monday's session. Concerns about rising treasury yields have the market feeling uneasy, but our advisors think the market is mis-reading the fed statement from last week by anticipating any sudden changes to policy. With only a few days left in September, investors will be looking forward to the 4th quarter and more favorable seasonal trends in the market.…

Heritage Financial Advisory

1
Heritage Market Minute | September 20th, 2021 5:33

4 years ago5:33

5:33

Welcome to the Heritage Market Minute for Monday September 20th! Markets are starting the week sharply lower as concerns about China's real estate contagion grip global markets. Couple that with the fact that Congress is locked in a heated debate over the approaching debt ceiling and you have a recipe for a sell off. Join Mike Desepoli as he discusses the action and lays out the game plan for week ahead.…

Heritage Financial Advisory

1
Heritage Market Minute | September 13th, 2021 4:14

4 years ago4:14

4:14

Welcome to the Heritage Market Minute for Monday September 13th! Markets look to shrug off a two week losing streak and build momentum into the end of the 3rd quarter. There's been a repeating pattern of higher opens and lower closes in the market the last two week, a sign of a very anxious market. Even though markets sit just a few percentage points away from all time highs, investor sentiment remains very uneasy. Join Mike Desepoli as he discusses this and more in the Heritage Market Minute.…

Heritage Financial Advisory

1
Heritage Market Minute | September 7th, 2021 4:09

4 years ago4:09

4:09

Welcome to the Heritage Market Minute for Tuesday September 7th! Markets are kicking off the holiday shortened trading week in mixed fashion, with the Nasdaq higher and the Dow Jones lower on the day. The disappointing jobs report from Friday continues to hang over market, although it's not all bad news. Join Mike Desepoli as he discusses what the team is keeping an eye on this week.…

Heritage Financial Advisory

1
Heritage Market Pulse | Friday September 3rd, 2021 4:56

4 years ago4:56

4:56

Welcome to the Heritage Market Pulse for Friday September 3rd! It's the last trading day before Labor Day weekend and the markets are relatively flat in a very subdued session. The big news we discuss today is the monthly jobs report covering the labor markets for August, as the actual number of jobs created came in well below economist expectations. This likely puts the Federal Reserve policy on hold for now, as they will await further progress in the jobs market before making any meaningful changes. Join Mike Desepoli as he discusses the news and wraps up this weeks activity in the markets. Have a Happy Labor Day!…

Heritage Financial Advisory

1
Heritage Market Minute | August 30th, 2021 4:20

4 years ago4:20

4:20

Welcome to the Heritage Market Minute for Monday August 30th! Markets are building on their gains from last week after the Fed announced they would leave monetary policy unchanged for the time being. We will get a glimpse into the labor market recovery later this week with the big jobs report this coming Friday. Join Mike Desepoli as he discusses what to watch for in this week's market minute. Have a great Monday.…

Heritage Financial Advisory

1
Heritage Market Minute | August 23rd, 2021 4:56

4 years ago4:56

4:56

Welcome to the Heritage Market Minute for Monday August 23rd! Markets are sharply higher to start the week, building on top of Friday's robust gains. Hurricane Henri turned into Tropical Storm Henri and left the East coast largely unscathed this weekend, and for that there is much to be thankful for. Join Mike Desepoli as he discusses some key market events unfolding this week, as we move towards to end of the seasonally weak month of August.…

Heritage Financial Advisory

1
Heritage Market Minute | August 16th, 2021 5:42

4 years ago5:42

5:42

The pictures all over the news were disheartening this weekend with the Taliban increasingly taking control of Afghanistan as city after city, including Kabul, surrenders to the militant group at a pace that foreign policy ‘experts’ could never have imagined. The Taliban has gained control of the country’s borders, so the only way out now is the Kabul airport which has been flooded with people seeking to exit, including the US embassy. What ultimately unfolds in the country is anyone’s guess at this point, but after nearly 20 years of involvement, it doesn’t look like the US has much to show for its efforts. From a market perspective, this weekend’s events are certainly having some impact this morning, and while there may be long-term macro implications down the road, these kind of immediate reactions are usually short-lived. Join Mike Desepoli as he discusses.…

Heritage Financial Advisory

1
Heritage Market Pulse | August 13th, 2021 2:59

4 years ago2:59

2:59

Welcome to the Heritage Market Pulse for Friday August 13th! Markets are flat on the day and coming off all time highs yet again yesterday. The big economic news of the day is the consumer sentiment survey monthly reading plunged to it's lowest level in 5 months as investors grow concerned that the delta variant may dent the global economic recovery. Join Mike Desepoli as he discusses, have a great weekend!…

Heritage Financial Advisory

1
Heritage Market Minute | August 9th, 2021 4:18

4 years ago4:18

4:18

Welcome to the Heritage Market Minute for Monday August 9th! Markets kick off the week on a mixed note as the jobs report from last Friday came in well above expectations. Earnings season for Q2 is starting to wind down and the results have been strong. August tends to be a seasonally weak month, but that doesn't mean it's time to run for the exits. Join Mike Desepoli as he discusses.…

Heritage Financial Advisory

1
Heritage Market Minute | August 2nd, 2021 2:54

4 years ago2:54

2:54

Welcome to the Heritage Market Minute for Monday August 2nd! Markets are looking to start the month of August on a positive note, as the S&P500 looks to build on a streak of 6 consecutive months of gains. Earnings reports continue to roll in, and we will get an update on the labor markets later this week. The delta variant continues to dominate the news, but the markets seem unbothered for now. Join Mike Desepoli as he discusses.…

Heritage Financial Advisory

1
Heritage Insider Weekly | July 27th, 2021 2:44

4 years ago2:44

2:44

The major markets returned to its record setting ways as the domestic markets closed higher once again last week. The Nasdaq, Dow Jones, S&P 500, and even the MSCI World Index saw new all-time highs by the end of the week. This left the Emerging Market index as the notable exception sitting in negative territory for the week and almost flat on the year. The turnabout was surprising given how the week began. The S&P 500 closed with a loss over 1.5% on Monday. This marked the largest daily loss since May. However, the turnabout was quick with every other day last week closing higher. The gains were fairly consistent as only Utilities and Energy closed lower. Communication Services led the pack with the gain of three and a quarter percent. This was followed closely by Consumer Discretionary and Information Technology. But the gains were not limited to the equity markets. Bonds managed to add to the positive performance with gains in the Bloomberg Barclays US Aggregate Bond Index. This takes the Year-to-Date return to a slight loss of three quarters of a percent. In Economic News, Thursday’s Weekly Initial Jobless Claims rose unexpectedly to 419,000 after testing a post-pandemic era low of 368,000 the prior week. Digging deeper, we see that according to the Department of Labor, the Total Continued Claimed Filed for UI Benefits in All Programs dropped by over 1.26 million as of July 3rd. As the Wall Street Journal recently highlighted, a number of states have opted to cut benefits prior to the September federal expiration which have consequently seen drops in their respective state’s unemployment rolls. Yet, the timing of the end of the unemployment benefits has been seen as political. In both Indiana and Maryland, judges have issued temporary injunctions to block the termination of the additional unemployment benefits. This week, the markets will be looking at a number of housing related reports early in the week followed by the midweek FOMC Meeting which will conclude with a Press conference by Fed Chair Jerome Powell. Finally, the week will end with the release of the Core Inflation report and the University of Michigan Consumer Sentiment Index.…

Heritage Financial Advisory

1
Heritage Market Minute | July 26th, 2021 2:34

4 years ago2:34

2:34

Welcome to the Heritage Market Minute for Monday July 26th! Markets are higher to start the week as they shake off the Delta variant fears that plagued the market last week. This is a big week for earnings season as many large market components will report their 2nd quarter results. Tune in to here Mike's take on the action this week. Have a great day!…

Heritage Financial Advisory

1
Heritage Market Outlook | July 2021 | Lou Desepoli 15:24

4 years ago15:24

15:24

Welcome to the Heritage Market Outlook for the 3rd quarter of 2021. We hope this email finds you enjoying yourself this summer. As part of our process, we are back with another quarterly update to bring you up to speed on our view of the markets, the economy, strategic changes we are making, and our outlook for Q3. There were many challenges for the market to overcome in the second quarter, but we still managed to post positive results. Join us as we lay out our expectations moving forward. Check out Heritage Market Outlook below as we discuss the following: Recap of 2nd quarter returns. An update on the economy and review of important economic data. An update on the Fed and Monetary Policy Key Market Themes Update on our portfolio strategy.…

Heritage Financial Advisory

4 years ago3:51