In this market update Steve discusses market performance, inflation, gas & food prices, interest rates, home sales and insider buying and selling.

If you are concerned whether your financial plan is still on the right track, schedule a free 30-minute consultation here:


Links to source articles below:

Luke Lango’s Hypergrowth Investing:

https://investorplace.com/hypergrowthinvesting/2022/05/smart-money-is-buying-the-dip-should-you/

Weekly Retail Gasoline and diesel prices from U.S. Energy Information Administration

https://www.eia.gov/dnav/pet/PET_PRI_GND_A_EPM0_PTE_DPGAL_M.htm

Monthly food costs in 2020

https://www.gobankingrates.com/saving-money/food/average-cost-of-groceries/

Monthly food costs in 2022 from USDA Food and Nutrition Service

https://www.fns.usda.gov/cnpp/usda-food-plans-cost-food-reports-monthly-reports

https://fns-prod.azureedge.us/sites/default/files/media/file/CostofFoodApr2022Thrifty.pdf

Dow’s longest losing streak since Depression from Business-Standar.com

https://www.business-standard.com/article/international/wall-street-suffers-longest-losing-streak-since-great-depression-122052100881_1.html#:~:text=The%20Dow%20slid%20as%20much,to%20Dow%20Jones%20Market%20Data.

Earnings for the market from Financial Express

https://www.financialexpress.com/investing-abroad/featured-stories/sp-500-first-quarter-earnings-season-are-growth-revenue-and-profit-taking-a-hit/2513148/

Bureau of Labor Statistics

https://www.bls.gov/opub/reports/consumer-expenditures/2020/home.htm

WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

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