At Rhame & Gorrell Wealth Management The Woodlands, we have built a firm for the future of financial planning, with the tools, research, resources, and talent that so many firms lack.

RGWM Market Thoughts & Portfolio Update – June 17, 2019

The last two weeks have seen some significant developments to global equity markets.  Fed Chairman Jerome Powell suggested the central bank was prepared to act to sustain the economy if the trade war weakened the growth outlook.  A Friday evening Tweet from President Trump indicated that a deal with Mexico had been reached that would indefinitely suspend potential tariffs from
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RGWM Market Thoughts – May 31, 2019

The month of May saw a stark reversal of the upward trend in the markets we have seen year to date.  While the market remains up over 10% YTD, the S&P 500 is 6% lower than the all-time high reached in April. In our previous newsletter we outlined the incentives in place that made the reaching of a trade agreement
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RGWM Market Thoughts – May 10, 2019

On Sunday, President Trump sent an afternoon tweet that the current 10% tariffs on $200 billion worth of Chinese goods will rise 25% on this Friday; he also threatened to place another 25% on an additional $325 billion of Chinese goods “shortly”. As one would expect, the stock market did not act kindly to this news. Monday saw the market
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