Schedule a no-obligation appointment by calling (602) 242-4000

Posts by Marcus F. Johnson, CFPⓇ

Weekly Market Commentary – 01/15/2018

The Markets The three major indexes posted record gains Friday. Following the Monday holiday, the three benchmarks enjoyed their strongest first four trading days of a year for more than a decade. For the week, the Dow rose 2.37 percent to close at 25,295.87. The S&P gained 2.63 percent to finish at 2,743.15, and the…

Read More

Weekly Market Commentary – 01/08/2018

The Markets The three major indexes posted record gains Friday. Following the Monday holiday, the three benchmarks enjoyed their strongest first four trading days of a year for more than a decade. For the week, the Dow rose 2.37 percent to close at 25,295.87. The S&P gained 2.63 percent to finish at 2,743.15, and the…

Read More

Weekly Market Commentary – 01/02/2018

The Markets Last week, Wall Street closed a year that brought a series of record highs. The three major indexes achieved their best yearly performance since 2013. But there was little celebration Friday with stocks ending lower, thanks to losses in financial and technology stocks. For the week, the Dow fell 0.14 to close at…

Read More

Weekly Market Commentary – 12/26/2017

The Markets The three major indexes slipped Friday in light holiday trading, but they all ended the week higher. The S&P has increased around 20 percent this year. For the week, the Dow rose 0.42 percent to close at 24,754.06. The S&P gained 0.30 percent to finish at 2,683.34, and the NASDAQ rose 0.34 percent…

Read More

Weekly Market Commentary – 12/18/2017

The Markets The prospect of lower corporate tax rates have helped stocks reach record levels this year. With the passage of the long-awaited tax bill looking likely on Friday, the three major indexes closed at record highs. For the week, the Dow rose 1.34 percent to close at 24,651.74. The S&P gained 0.95 percent to…

Read More

Arizona Tax Credits for 2017

Taxpayers often wish they had greater control over how their tax dollars are allocated.  The Arizona State Tax Credit program gives you the opportunity to direct how your money is spent by choosing which of the approved organizations you contribute to.  (If you live outside Arizona, check with your state to see what programs they…

Read More

Weekly Market Commentary – 12/11/2017

The Markets A positive November jobs report boosted the major indexes Friday. The S&P 500 and the Dow Jones Industrial Average closed at record highs. For the week, the Dow rose 0.46 percent to close at 24,329.16. The S&P gained 0.39 percent to finish at 2,651.50, and the NASDAQ fell 0.11 percent to end the…

Read More

Ending Life on a Sweet Note

Phyllis Johnson (Phil’s mom and Marcus’ grandmother) passed away on October 17, 2017, at the age of 92.  She was a colorful woman—inside and out—known for her red hair and lipstick.  Above all, she loved her family and she was the matriarch of 11 grandchildren and 49 great-grandchildren. We have been responsible for overseeing her…

Read More

Market Commentary for the Week of December 4, 2017

The Markets Stocks fell Friday following ABC’s report that former National Security Adviser Michael Flynn would testify he was told to contact Russians during the 2016 presidential campaign. Stocks regained ground after Senator Mitch McConnell told reporters the Senate had enough votes to pass the tax bill. For the week, the Dow rose 3.00 percent…

Read More