Weekly Update:

Good morning!

Spring has arrived here in Michigan, which is wonderful.  It was an exciting weekend of basketball, as March Madness is coming to a close.  Michigan State had a good run, but Texas Tech was able to match them out.

The stock market has enjoyed the Federal Open Market Committee’s comments in the last few weeks.  The S&P 500 average is now within 1.3% of its all-time high value.  Bank stocks are still quite a bit lower over the past year, with a negative 4.65% return, according to the KBW Bank Index.

Contact your MFA advisor to discuss ways to grow profitability in this changing bond market.  All of us at McQueen Financial are dedicated to your long-term success.

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