Blog

In this week’s recap: Powell: Inflation heading in the right direction.

In this week’s recap: Earnings and data tell two different stories on near future. Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data.

Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.

Inflation cools, stocks warm up. Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes.

A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.

January 3, 2023 - Erratic holiday trading leaves stocks in doldrums.

Recession concerns, Fed talk keep stocks cold.

This week Dewey traveled to the Big Apple where he was invited to VanEck’s studio to talk all things cryptocurrency with Portfolio Manager of the Digital Assets Alpha Fund, Pranav Kanade. From the recent collapse of FTX to NFTs, Dewey and P

Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week. The Dow Jones Industrial Average dropped 2.77%, while the Standard & Poor’s 500 fell 3.37%. The Nasdaq Composite index lost 3.

Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market. The Dow Jones Industrial Average edged 0.24% higher, while the Standard & Poor’s

As the year comes to a close, it's important to take some time to reflect on where you’ve been and where you’d like to go financially. Before you flip the calendar to a new year and put a bow on 2022, join Dewey on this week's new episode..

In this week’s recap: Fed talks turkey on lower rates, boosting markets.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, November 28, 2022THE WEEK ON WALL STREETGrowing optimism that...

In this week’s recap: Markets down ahead of Thanksgiving holiday.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, November 21, 2022THE WEEK ON WALL STREETThe stock market edged lower last...

This week, Dewey is joined by TWO special guests, Molly and Ryan Stapelman from the Lucky Fin Project! Tune in to hear Molly & Ryan on this week's brand new episode as they discuss what started out as making limb difference bracelets in...

A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index rose 8.10%

In this week’s recap: Stocks slip after Powell comments.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, November 7, 2022THE WEEK ON WALL STREETHawkish comments by Fed Chair Jerome...

NEW EPISODE OF WDD?5 MONEY MOVES TO MAKE BEFORE YEAR END - Ep. 68Dear Great Lakes Wealth Clients, Family, & Friends,Happy WDD? Wednesday! We’re firmly in Q4 and the end of the year is near! What should you be doing to...

In this week’s recap: Plenty of treats for Wall Street this week.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, October 31, 2022THE WEEK ON WALL STREETStocks overcame poor earnings...

In this week’s recap: Wall Street flips the script, enjoys a rally.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, October 24, 2022THE WEEK ON WALL STREETA positive start to a new...

NEW EPISODE of WDD?WHAT TO EXPECT WHEN YOU'RE INVESTING - EP. 67Dear Great Lakes Wealth Clients, Family, & Friends,Happy WDD? Wednesday! Ups, downs, highs, lows, anxiety, and adrenalin are all common words used when discussing the...

In this week’s recap: Boost early in week keeps markets ahead.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, October 10, 2022THE WEEK ON WALL STREETA powerful two-day stock rebound...

NEW EPISODE of WDD?Rick Williams talks Building Brands, Designing Sneakers & Living the DISTINCT LIFE - Ep. 66Dear Great Lakes Wealth Clients, Family, & Friends,Founder and Creative Director of DISTINCT LIFE, Rick Williams, understands...

In this week’s recap: U.S. and U.K. see financial turbulence. WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, October 3, 2022THE WEEK ON WALL STREETRising recession fears and...

In this week’s recap: Fallout from Powell comments continues. WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, September 26, 2022THE WEEK ON WALL STREETLast week, Fed Chair...

NEW EPISODE of WDD? Q4 2022 Investing Playbook - Ep. 65Dear Great Lakes Wealth Clients, Family, & Friends,Happy WDD? Wednesday! As we prepare for Q4 2022, there is a lot to consider. Are we in a recession? How high will...

In this week’s recap: White hot inflation report alarms investorsWEEKLY MARKET UPDATEPresented by Great Lakes Wealth, September 20, 2022THE WEEK ON WALL STREETA hotter-than-expected...

In this week’s recap: Markets upbeat, despite gloomy inflation talk.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, September 12, 2022THE WEEK ON WALL STREETIn a holiday-shortened week of...

NEW EPISODE of WDD? - Peter Vanderkaay Talks About Bringing Home Olympic Gold and Diving Into Entrepreneurship - Ep. 64  Dear Great Lakes Wealth Clients, Family, & Friends,Happy WDD? Wednesday! 4-time Olympic...

In this week’s recap: Markets sag, job numbers soar.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, September 6, 2022THE WEEK ON WALL STREETThe overhang of Fed Chair Powell’s...

In this week’s recap: Powell comments spur sell-off on Wall Street.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, August 29, 2022THE WEEK ON WALL STREETA comprehensive sell-off on...

In this week’s recap: Markets tap brakes, but hold fast against downbeat news.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, August 22, 2022THE WEEK ON WALL STREETStocks tumbled on...

In this week’s recap: Stocks have a warmer week as inflation cools.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, August 15, 2022THE WEEK ON WALL STREETAn improving inflation...

In this week’s recap: Mixed week for markets; jobs on the rise.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, August 8, 2022THE WEEK ON WALL STREETStocks turned in a mixed...

In this week’s recap: Markets rally; earnings better than expected.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, August 01, 2022THE WEEK ON WALL STREETUndaunted by another Fed rate hike and news of a contracting...

In this week’s recap: Friday rally stems week of losses.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, July 26, 2022THE WEEK ON WALL STREETStocks rallied last week as investor...

In this week’s recap: Friday rally stems week of losses.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, July 18, 2022THE WEEK ON WALL STREETA record-high inflation report, the...

News and Information for Current and Future Retirees Presented by Great Lakes Wealth - JULY 2022QUOTE OF THE MONTH“Often we don’t even realize who we’re meant to be because we’re so busy trying to live out...

In this week’s recap: Stocks rally despite mixed data.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, July 11, 2022THE WEEK ON WALL STREETIn a holiday-shortened trading week, stocks...

In this week’s recap: Pre-holiday markets see no rebound.WEEKLY MARKET UPDATEPresented by Great Lakes Wealth, July 6, 2022THE WEEK ON WALL STREETStocks turned lower as a quiet news week...

"What Dewey Do?"Season 2, Episode 21 (#63)  Season 2 Finale w/ LPGA Superstar, Jessica Korda!Dear Great Lakes Wealth Clients, Family, & Friends,Happy What Dewey Do? Wednesday! Jessica Korda played her first U.S....

In this week’s recap: Stocks rally, despite recession concerns.Weekly Market UpdatePresented by Great Lakes Wealth, June 27, 2022THE WEEK ON WALL STREETProspects of cooling inflation...

In this week’s recap: Fed rate hike triggers market dip.Weekly Market UpdatePresented by Great Lakes Wealth, June 20, 2022THE WEEK ON WALL STREETStocks moved lower last week as recession fears...

Monthly News and Information for Current and Future RetireesPresented by Great Lakes Wealth - JUNE 2022QUOTE OF THE MONTH“The question isn't at what age I want to retire, it's at what income.”GEORGE FOREMANHEALTH SAVINGS...

"What Dewey Do?"Season 2, Episode 20 (#62)  Dewey’s Top 11 Tips for Successful Investing in Summer 2022Dear Great Lakes Wealth Clients, Family, & Friends,Happy What Dewey Do Wednesday! Sell in May and go...

In this week’s recap: Stocks dip on inflation report.Weekly Market UpdatePresented by Great Lakes Wealth, June 13, 2022THE WEEK ON WALL STREETA higher-than-expected inflation report triggered a...

In this week’s recap: Stocks slip on mixed economic news.Weekly Market UpdatePresented by Great Lakes Wealth, June 6, 2022THE WEEK ON WALL STREETIn a holiday-shortened week of volatile trading, stocks surrendered some of...

"What Dewey Do?"Season 2, Episode 19 (#61)  How Dewey Built a Business and a Brand in 6 years and 60 Episodes!Dear Great Lakes Wealth Clients, Family, & Friends,Happy What Dewey Do Wednesday! Join us as we flip...

In this week’s recap: Confidence in Fed helps spark market rally.Weekly Market UpdatePresented by Great Lakes Wealth, May 31, 2022THE WEEK ON WALL STREETStocks posted solid gains for the week, buoyed by the release of Fed...

In this week’s recap: Tighter money policy; Market drops.

In this week's recap: Markets weigh a menu of uncertainty.

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 7 (#49): President of Atwater Brewery, Mark Rieth, Talks Beer, Business, Life Skills & More Happy “What Dewey...

In this week’s recap: COVID-19 variant clobbers markets. Weekly Economic Update Presented by Great Lakes Wealth, November 29, 2021 THE WEEK ON WALL STREET News of a new, highly virulent COVID variant triggered a market sell-off...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us A Thanksgiving Message & Holiday Office Hours It is almost time for Thanksgiving – a day to appreciate all that we have, and to celebrate the family and...

In this week’s recap: Markets react to growing COVID-19 infections and potential successor to Powell. Weekly Market Update Presented by Great Lakes Wealth, November 22, 2021 THE WEEK ON WALL STREET Stocks were mixed last week in...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 6 (#48): Inflation Hits New High – Yikes! What to Do Now to Beat it or Hedge it – or Both Happy...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us 2022 Contribution Limits Preparing for retirement just got a little more financial wiggle room. Just recently the Internal Revenue Service (IRS) announced new...

Monthly News and Information for Current and Future Retirees Presented by Great Lakes Wealth - NOVEMBER 2021 QUOTE OF THE MONTH “The possible’s slow fuse is lit by the imagination.” EMILY DICKINSON IF THE SECURE ACT 2...

In this week’s recap: Stocks tap the brakes after signs of higher inflation. Weekly Economic Update Presented by Great Lakes Wealth, November 15, 2021 THE WEEK ON WALL STREET Stocks posted small declines last week as investors...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Happy Veteran's Day from Great Lakes Wealth Today, on November 11, we pay tribute to the brave men and women who have served in our armed forces. Veterans Day is...

In this week’s recap: Tapering news, profits, and other encouraging data lifts stocks. Weekly Economic Update Presented by Great Lakes Wealth, November 8, 2021 THE WEEK ON WALL STREET A Federal Reserve announcement on tapering, a...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 5 (#47) with Charlotte Alex, Director of Children’s Miracle Network at Beaumont Health Foundation Happy...

In this week’s recap: Earnings build while GDP slows. Weekly Economic Update Presented by Great Lakes Wealth, November 1, 2021 THE WEEK ON WALL STREET A fresh wave of positive corporate earnings surprises sent markets to new...

In this week’s recap: Strong week on Wall Street, despite concerns with inflation, supply chain, and other matters Weekly Economic Update Presented by Great Lakes Wealth, October 25, 2021 THE WEEK ON WALL STREET Stocks rallied...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 4 (#46) The Great Resignation – Explained! Happy “What Dewey Do?” Wednesday! A new episode of WDD...

In this week’s recap: The Fed unveils tapering plans; investor optimism rises. Weekly Economic Update Presented by Great Lakes Wealth, October 18, 2021 THE WEEK ON WALL STREET A strong opening to the third-quarter earnings season...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - OCTOBER 2021 QUOTE OF THE MONTH “The great thing about getting older is that you don't lose all the other ages you've been.”...

In this week’s recap: Debt ceiling raised until December; employment numbers paint confusing picture. Weekly Economic Update Presented by Great Lakes Wealth, October 11, 2021 THE WEEK ON WALL STREET The overhang of bumping...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 3 (#45) with Mike Valenti, 97.1 Radio Personality Happy “What Dewey Do?” Wednesday! The third episode of...

In this week’s recap: Stalemate in the Capitol; Powell says inflation may stay longer than expected. Weekly Economic Update Presented by Great Lakes Wealth, October 04, 2021 THE WEEK ON WALL STREET Higher bond yields and a...

In this week’s recap: Financial contagion concerns and a positive word from the Fed bookend a wild week. Weekly Economic Update Presented by Great Lakes Wealth, September 27, 2021 THE WEEK ON WALL STREET Stocks prices were...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2, Episode 2 (#44) Now Available Happy “What Dewey Do?” Wednesday! The second episode of Season 2 is now available...

In this week’s recap: Despite signs of a good economy, stocks have a lackluster week. Weekly Economic Update Presented by Great Lakes Wealth, September 20, 2021 THE WEEK ON WALL STREET Stocks weakened ahead of this week’s...

Monthly News and Information for Current and Future Retirees Presented by Great Lakes Wealth - SEPTEMBER 2021 QUOTE OF THE MONTH “Every laugh line, every scar, is a badge I wear to show I've been present, the inner rings of my...

In this week’s recap: Delta variant continues to concern the markets; labor market shows positive signs. Weekly Economic Update Presented by Great Lakes Wealth, September 13, 2021 THE WEEK ON WALL STREET In a quiet week of news,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Kicking Off Season 2 of “What Dewey Do?” with Kevin O’Leary Happy “What Dewey Do?” Wednesday! We are thrilled to finally kick off...

In this week’s recap: Stocks mixed as U.S. copes with economic data and Delta variant. Weekly Economic Update Presented by Great Lakes Wealth, September 6, 2021 THE WEEK ON WALL STREET Stocks were mixed last week amid conflicting...

Wall Street Solution with Main Street Values! www.greatlakeswealth.us Happy Labor Day & Updated Holiday Office Hours Dear Great Lakes Wealth Clients, Family & Friends, Before summer ends, there’s one more wonderful weekend on the...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2 Launches Next Wednesday with Mr. Wonderful Dear Great Lakes Wealth Clients, Family, & Friends, Happy “What Dewey...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us “What Dewey Do?” Season 2 Launches Next Wednesday with Mr. Wonderful Dear Great Lakes Wealth Clients, Family, & Friends, Happy “What Dewey...

In this week’s recap: Federal Reserve says tapering likely in 2021, but no interest rate hikes for now. Weekly Economic Update Presented by Great Lakes Wealth, August 30, 2021 THE WEEK ON WALL STREET The stock market powered to...

In this week’s recap: A Fed taper may loom; economic data mixed. Weekly Economic Update Presented by Great Lakes Wealth, August 23, 2021 THE WEEK ON WALL STREET Stocks turned lower last week amid the increasing probability of a...

In this week’s recap: Passage of infrastructure bill in Senate boosts DJIA and S&P; Nasdaq stays flat. Weekly Market Update Presented by Great Lakes Wealth, August 16, 2021 THE WEEK ON WALL STREET Looking past inflation figures...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - AUGUST 2021 QUOTE OF THE MONTH “Getting old is like climbing a mountain; you get a little out of breath, but the view is much...

In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. Weekly Economic Update Presented by Great Lakes Wealth, August 9, 2021 THE WEEK ON WALL STREET Overcoming jitters about the...

In this week’s recap: Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP. Weekly Market Update Presented by Great Lakes Wealth, August 2, 2021 THE WEEK ON WALL STREET The stock market...

In this week’s recap: Markets overcome reaction to latest Delta variant news. Weekly Economic Update Presented by Great Lakes Wealth, July 26, 2021 THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - JULY 2021 QUOTE OF THE MONTH “Do something wonderful, people may imitate it.” ALBERT SCHWEITZER IS FINANCIAL HEALTH A FACTOR IN...

In this week’s recap: Stocks retreat as inflation advances. Weekly Market Update Presented by Great Lakes Wealth, July 19, 2021 THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Great Lakes Wealth Celebrated Five Years in Business! Great Lakes Wealth celebrated its five-year anniversary in business on July 1! We’re proud of how far we...

In this week’s recap: Stocks edge higher in short week. Weekly Economic Update Presented by Great Lakes Wealth, July 12, 2021 THE WEEK ON WALL STREET Stocks managed small gains as investors wrestled with concerns over economic...

In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. Weekly Market Update Presented by Great Lakes Wealth, July 5, 2021 THE WEEK ON WALL STREET Strong employment reports and...

Wall Street Solution with Main Street Values! www.greatlakeswealth.us Happy Fourth of July! Dear Great Lakes Wealth Clients, Family & Friends, You know summer is in full swing when Independence Day comes around! As we enjoy the fun,...

In this week’s recap: Stocks reach all-time highs and the housing market showed significant improvement. Weekly Market Update Presented by Great Lakes Wealth, June 28, 2021 THE WEEK ON WALL STREET Stocks reached new all-time...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - JUNE 2021 QUOTE OF THE MONTH “Carry out a random act of kindness, with no expectation of reward, safe in the knowledge that one day...

In this week’s recap: The Fed signals interest rate hikes. Weekly Economic Update Presented by Great Lakes Wealth, June 21, 2021 THE WEEK ON WALL STREET New messaging from the Federal Reserve on interest rates and inflation last...

In this week’s recap: Stocks kept cool, even as inflation came in hot. Weekly Market Update Presented by Great Lakes Wealth, June 14, 2021 THE WEEK ON WALL STREET Stocks ended the week mixed as investors appeared to shrug off a...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 42: Wrapping Up Season One of WDD Happy “What Dewey Do?” Wednesday! In Episode 42, Dewey and Bogey wrap up Season One of the...

In this week’s recap: Positive labor numbers lead stocks to a modest gain. Weekly Economic Update Presented by Great Lakes Wealth, June 7, 2021 THE WEEK ON WALL STREET A strong, but not too strong, employment report sparked a...

In this week’s recap: Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day. Weekly Economic Update Presented by Great Lakes Wealth, May 31, 2021 THE WEEK ON WALL STREET Optimism over the economic...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 41: What’s Up with Wall Street Bets and the Cryptocurrency Craze? Happy “What Dewey Do?” Wednesday! Episode 41 highlights...

In this week’s recap: Inflation concerns continue as the Fed weighs scaling back of bond purchases. Weekly Economic Update Presented by Great Lakes Wealth, May 24, 2021 THE WEEK ON WALL STREET Stock prices fluctuated amid...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - MAY 2021 QUOTE OF THE MONTH “Embrace the glorious mess that you are.” ELIZABETH GILBERT PANDEMIC ECONOMY OR NOT, SOME ARE...

In this week’s recap: As consumer prices take a big step up, stocks take a step in the other direction. Weekly Market Update Presented by Great Lakes Wealth, May 17, 2021 THE WEEK ON WALL STREET A surge in consumer inflation...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 40: Getting to Know Lorron James, CEO of James International Group Happy “What Dewey Do?” Wednesday! Episode 40 is available now...

In this week’s recap: Mixed market results as labor numbers cope with uncertainty. Weekly Market Update Presented by Great Lakes Wealth, May 10, 2021 THE WEEK ON WALL STREET Stocks closed mixed last week as signs of continued...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us A Mother’s Day Message from Great Lakes Wealth Dear Great Lakes Wealth Clients, Family & Friends, A special day for moms everywhere arrives this Sunday, May 9...

In this week’s recap: Stocks struggle to find their way amid several noteworthy earnings reports from corporations. Weekly Market Update Presented by Great Lakes Wealth, May 3, 2021 THE WEEK ON WALL STREET Stocks meandered around...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 39: An Introduction to Investing in Real Estate Happy “What Dewey Do?” Wednesday! A new episode is now available anywhere you...

In this week’s recap: Mixed signals lead to a choppy week. Weekly Market Update Presented by Great Lakes Wealth, April 26. 2021 THE WEEK ON WALL STREET The crosscurrents of strong corporate earnings, rising global cases of...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - APRIL 2021 QUOTE OF THE MONTH “Pretending is not just play. Pretending is imagined possibility. Pretending, or acting, is a very...

In this week’s recap: Good indicators for earnings season and other economic data lead to record highs for stocks. Weekly Market Update Presented by Great Lakes Wealth, April 19, 2021 THE WEEK ON WALL STREET Stocks reached record...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 38: Special Guests Mike Sullivan & Kyle Bogey of Metro Detroit Golfers Happy “What Dewey Do?” Wednesday! A new episode is now...

In this week's recap: Tech stocks and strong indicators lead a week of economic advancement. Weekly Market Update Presented by Great Lakes Wealth, April 12, 2021 THE WEEK ON WALL STREET Strong economic data and a resurgent technology...

In this week’s recap: Markets react positively to infrastructure proposals; S&P 500 rises above 4,000 for the first time. Weekly Market Update Presented by Great Lakes Wealth, April 5, 2021 THE WEEK ON WALL STREET Overcoming a...

Wall Street Solution with Main Street Values! www.greatlakeswealth.us Good Friday Office Hours & Happy Easter Dear Great Lakes Wealth Clients, Family & Friends, Spring is in the air, and with it comes Easter – a fun-filled,...

In this week’s recap: Weakness in tech and high-growth stocks leads to a rocky week; Yellen and Powell signal optimism. Weekly Economic Update Presented by Great Lakes Wealth, March 29, 2021 THE WEEK ON WALL STREET A rocky week...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 37: 11 Things You Need to Know About Investing in Cannabis in 2021 Did you know cannabis is the fastest growing industry on the planet?...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Spring Clean Your Portfolio with Riskalyze It’s officially Spring-Cleaning Week, so what better time to reevaluate your finances? Just like your home, your...

In this week’s recap: A week of ups and downs leaves modest losses at week’s end. Weekly Market Update Presented by Great Lakes Wealth, March 22, 2021 THE WEEK ON WALL STREET Rising bond yields and improving economic...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - March 2021 QUOTE OF THE MONTH “The life you have led doesn't need to be the only life you have.” ANNA QUINDLEN NEED CASH? AVOID...

Wall Street Solution with Main Street Values! www.greatlakeswealth.us Happy St. Patrick’s Day from GLW! St. Patrick’s Day is here – March 17 is the day to celebrate Irish and Irish-American culture. Today the world...

In this week’s recap: The White House signs COVID-19 fiscal relief bill into law; the economy reacted positively. Weekly Market Update Presented by Great Lakes Wealth, March 15, 2021 THE WEEK ON WALL STREET Stocks touched new...

Wall Street solutions with Main Street values! www.greatlakeswealth.us What Dewey Do? Episode 36: The Jimmy John’s & Tomey Experience We’re excited to share our third guest episode of the year! We have not one, but two...

In this week’s recap: Stocks have a mixed reaction to rising bond yields and increasing inflation. Weekly Market Update Presented by Great Lakes Wealth, March 8, 2021 THE WEEK ON WALL STREET Stocks were mixed last week as rising...

In this week’s recap: Rising bond yields deliver a blow to stocks; Fed Chair affirms commitment to current money policy. Weekly Market Update Presented by Great Lakes Wealth, March 1, 2021 THE WEEK ON WALL STREET Stocks dropped...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 35: An Introduction to International Investing Episode 35 of the What Dewey Do? podcast is now available! This week, Dewey and Bogey discuss...

In this week’s recap: Accommodative Fed policies lead to inflation concerns. Weekly Market Update Presented by Great Lakes Wealth, February 22, 2021 THE WEEK ON WALL STREET Rising bond yields dampened investor enthusiasm for...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - FEBRUARY 2021 QUOTE OF THE MONTH “If you're brave enough to say goodbye, life will reward you with a new hello.” PAULO COELHO...

In this week’s recap: Vaccinations and declining case numbers result in economic optimism; Fed Chair says no change for now. Weekly Market Update Presented by Great Lakes Wealth, February 15, 2021 THE WEEK ON WALL STREET Stock...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 34: CMO of Quicken Loans, Casey Hurbis, Talks Super Bowl Commercials, Rocket Mortgage Classic & More! We’re incredibly excited to share...

In this week’s recap: The markets went back to basics this week, showing optimism for positive COVID-19 news. Weekly Market Update Presented by Great Lakes Wealth, February 8, 2021 THE WEEK ON WALL STREET Stocks notched strong...

In this week’s recap: After setting new highs, market rattled by unexpected trading phenomenon. Weekly Market Update Presented by Great Lakes Wealth, February 1, 2021 THE WEEK ON WALL STREET Despite strong corporate earnings,...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - JANUARY 2021 QUOTE OF THE MONTH “Vulnerability is the birthplace of innovation, creativity, and change.” BRENE BROWN TO RETIRE,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 33: Darren McCarty Talks Red Wings Career, Life Post-Hockey & His Current Business Ventures We’re incredibly excited to share What...

In this week’s recap: A streak of optimism on fiscal stimulus and vaccines boosts the markets; Yellen tells Congress to “act big.” Weekly Market Update Presented by Great Lakes Wealth, January 25, 2021 THE WEEK ON...

In this week’s recap: Mixed news elicits a mixed reaction from the markets; incoming Biden Administration outlines stimulus plan. Weekly Market Update Presented by Great Lakes Wealth, January 18, 2021 THE WEEK ON WALL STREET...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 32: Start of Year Financial Planning The latest episode of the What Dewey Do? podcast series is now available on all streaming services! Here...

In this week’s recap: Despite continued COVID-19 woes and unrest in Washington D.C., the stock market starts 2021 on a high. Weekly Market Update Presented by Great Lakes Wealth, January 11, 2021 SIGN UP TODAY: 2021 Outlook -...

In this week’s recap: Happy New Year! Stocks hit record highs and have varied reactions on stimulus checks and another potential vaccine. Weekly Market Update Presented by Great Lakes Wealth, January 4, 2021 THE WEEK ON WALL...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 31: Year-End Announcements & Financial Resolutions for the New Year The latest episode of the What Dewey Do? podcast series is now available...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 30: Christmas Edition! The latest episode of the What Dewey Do? podcast series is now available on all streaming services! Here is a direct...

In this week’s recap: A rollout for a COVID-19 vaccine led to a positive reaction from the markets; stimulus talks continue. Weekly Market Update Presented by Great Lakes Wealth, December 21, 2020 THE WEEK ON WALL STREET Stocks...

Monthly News and Information for Current and Future Retirees Presented by Great Lakes Wealth - December 2020 QUOTE OF THE MONTH “If you don't like the road you're walking, start paving another one.” DOLLY PARTON THIS YEAR,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 29: Investing in Healthcare, BioTech, and the Impact of the COVID-19 Vaccine The latest episode of the What Dewey Do? podcast series is now...

In this week’s recap: Rising number of COVID-19 cases and no progress on a stimulus bill lead to a bumpy week on Wall Street; U.K. anticipates “No-Deal” for Brexit. Weekly Market Update Presented by Great Lakes Wealth...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 28: A November to Remember The latest episode of the What Dewey Do? podcast series is now available on all streaming services! Here is a...

In this week’s recap: Promising signs of a fiscal stimulus package inspire an upward week for stocks; retailers’ extended “Black Friday” sales produce mixed results. Weekly Market Update Presented by Great Lakes...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 27: Estate Planning Basics The latest episode of the What Dewey Do? podcast series is now available on all streaming services! Here is a...

In this week’s recap: Dow Jones Industrial Average hits 30,000 milestone in response to promising vaccine news and lessening political uncertainty; former Fed chair Janet Yellen nominated as Secretary of the Treasury. Weekly...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 26: Fun Financial Facts on the Biggest Shopping Weekend of the Year! The latest episode of the What Dewey Do? podcast series is now available...

In this week’s recap: New COVID-19 infections drive market anxieties, despite anticipated vaccines; Fed Chair Powell warns that continued infections may limit economic activity for months. Weekly Market Update Presented by Great...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us GLW CEO, Dewey D. Steffen, Shares How to Prepare for Financial Success in 2021 & Beyond on WDIV’s “Live In the D” Dear Great Lakes Wealth Clients,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 24: GLW’s Post-Election Outlook The latest episode of the What Dewey Do? podcast series is now available on all streaming services!...

In this week’s recap: A COVID-19 vaccine spurs a stock market rally, even as more cases are reported and some areas renew lockdowns. Weekly Economic Update Presented by Great Lakes Wealth, November 16, 2020 THE WEEK ON WALL...

Monthly News and Information for Current and Future Retirees Presented by Great Lakes Wealth - NOVEMBER 2020 QUOTE OF THE MONTH “In a time of drastic change, it is the learners who inherit the future.” ERIC HOFFER MOST...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 24: GLW’s Post-Election Outlook The latest episode of the What Dewey Do? podcast series is now available on all streaming services!...

In this week’s recap: Markets react positively to the election, seeing promise in a divided government; unemployment rate falls. Weekly Market Update Presented by Great Lakes Wealth, November 9, 2020 THE WEEK ON WALL STREET...

October is Over – Time to Rotate and Rebalance Dear Great Lakes Wealth Clients & Friends, The market through October continued to make the case for a steady approach to investing, especially as we find ourselves in a historically...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 23: It’s Election Day! Dewey Shares The “Presidential Predictor” And Tests Bogey’s Financial Literacy The latest...

In this week’s recap: With no fiscal stimulus anticipated and election around the corner, stocks slumped through a difficult week. Weekly Market Update Presented by Great Lakes Wealth, November 2, 2020 THE WEEK ON WALL STREET...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 22: Are Options Scary? Halloween Edition The latest episode of the What Dewey Do? podcast series is now available on all streaming services!...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Great Lakes Wealth is Expanding! Dear Great Lakes Wealth Clients and Friends, We are excited to announce the continued growth of our firm with the hiring of the...

In this week’s recap: Stocks lagged after another week with no fiscal stimulus; the labor market seemed to improve despite a rise in COVID-19 cases. Weekly Economic Update Presented by Great Lakes Wealth, October 26, 2020 THE...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 21: What is the Dow Jones Industrial Average? The latest episode of the What Dewey Do? podcast series is now available on all streaming...

In this week’s recap: A difficult week for stocks, reacting to delayed stimulus, little good news on COVID-19 treatment, and jobless claims. Weekly Market Update Presented by Great Lakes Wealth , October 19, 2020 THE WEEK ON WALL...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 20: The Pros & Cons of Cryptocurrency - Part 1 The latest episode of the What Dewey Do? podcast series is now available on all streaming...

In this week’s recap: Stocks soar, despite mixed messages on fiscal stimulus. Weekly Market Update Presented by Great Lakes Wealth, October 12, 2020 THE WEEK ON WALL STREET Stocks staged a powerful rally last week, riding a wave...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 19: Q3 Market Review & Mike Sullivan Joins Us to Discuss Professional Athletes Saving Their Millions The latest episode of the What Dewey...

In this week’s recap: Stocks advance with hopes of a new stimulus, end the week up, despite no new deal and President Trump’s illness. Weekly Market Update Presented by Great Lakes Wealth, October 5, 2020 THE WEEK ON WALL...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 18: Cash is King – Or is it? Dewey & Bogey Discuss Cash Alternatives Dear Great Lakes Wealth Clients, Family, & Friends, The latest...

In this week’s recap: Stocks have a mixed reaction to ongoing uncertainty; additional fiscal stimulus on hold. Weekly Market Update Presented by Great Lakes Wealth, September 28, 2020 THE WEEK ON WALL STREET Stocks were mixed...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Equities pullback from early September highs Dear Great Lakes Wealth Clients & Friends, Investors have had a lot to process over the past week: domestic equity...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 17: How Much Should You Actually Be Saving For Retirement? Dear Great Lakes Wealth Clients, Family, & Friends, The latest episode of the What...

In this week’s recap: The tech sector slip continues for stocks; the Federal Reserve signals that interest rates will not be increased for some time. Weekly Market Update Presented by Great Lakes Wealth, September 21, 2020 THE...

Monthly News and Information for Current and Future Retirees Presented by GREAT LAKES WEALTH - September 2020 QUOTE OF THE MONTH “Elegance is not about being noticed. It's about being remembered.” GIORGIO ARMANI COULD YOU...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 16: Our 2020 National Election Special! Dewey’s Professional Outlook on What’s to Come for the Markets Dear Great Lakes Wealth...

In this week’s recap: Stocks continued a downward slide in response to continued uncertainty; fiscal stimulus still delayed. Weekly Market Update Presented by Great Lakes Wealth, September 14, 2020 THE WEEK ON WALL STREET Stocks...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 15: Revisiting “Sell in May & Go Away,” and, Discussing the “Big 5” of the S&P 500 Dear Great Lakes Wealth Clients,...

In this week’s recap: Stocks stall late in the week, thanks to tech markets slide. The jobs recovery makes continued progress. Weekly Market Update Presented by Great Lakes Wealth, September 7, 2020 THE WEEK ON WALL STREET A late...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Dewey D. Steffen Featured in WealthManagement.com’s 2020 Midyear Outlook Dear Great Lakes Wealth Clients, Family & Friends, We’re excited to share that...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 14: Stocks Split, the DOW Adds & Removes Three Stocks Dear Great Lakes Wealth Clients, Family, & Friends, The latest episode of the What...

In this week’s recap: Stocks power higher, while the Dow makes a few changes. Weekly Market Update Presented by Great Lakes Wealth, August 31, 2020 THE WEEK ON WALL STREET Stocks advanced relentlessly last week on positive...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What Dewey Do? Episode 13: Getting to Know Great Lakes Wealth Dear Great Lakes Wealth Clients, Family, & Friends, The latest episode of the What Dewey Do? podcast...

In this week’s recap: Stocks reached new highs, erasing steep losses from February and March. Weekly Market Update Presented by Great Lakes Wealth, August 24, 2020 THE WEEK ON WALL STREET Stocks powered to another week of gains...

In this week’s recap: stocks rise, and consumer prices jump; COVID-19 cases slow; Congressional talks stall. Weekly Market Update Presented by Great Lakes Wealth, August 17, 2020 THE WEEK ON WALL STREET Stock prices drifted...

In this week’s recap: Stocks rise as earnings season winds to an end; no results in fiscal stimulus talks. Weekly Market Update Presented by Great Lakes Wealth, August 10, 2020 THE WEEK ON WALL STREET Overlooking stalled efforts...

In this week’s recap: stocks have a mixed reaction to earnings, economic data, and a potential stimulus. Weekly Market Update Presented by Great Lakes Wealth, August 3, 2020 THE WEEK ON WALL STREET Stocks were mixed last week...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us THANKFUL FOR FOUR YEARS Dear Great Lakes Wealth Clients, Family, and Friends, I am proud to announce that Great Lakes Wealth is celebrating its fourth anniversary...

June 12, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Volatility Reemerges After “Too Far, Too Fast” Stock Gains Dear Great Lakes Wealth Clients & Friends, We hope you and your loved ones are...

June 2, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Tune into the First Episode of What Dewey Do? Dear Great Lakes Wealth Clients, Family, & Friends, We’re thrilled to announce that the first...

May 27, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Happy 529 National College Savings Day Dear Great Lakes Wealth Clients & Friends, May 29 is 529 Day! As you save for your children’s and...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us GLW’s 11 Tips to Be a Successful Financial Investor For many people, investing in the financial markets is a mystery that is both complex and intimidating....

Dear Great Lakes Wealth Clients, Family, & Friends, I’m proud to share that GLW teamed up with Crazy Gringo Mexican Cantina (Clinton Township), and Sunflour Bakehaus (Downtown Farmington) to deliver 100 meals and cookies to the...

April 26, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Dear Great Lakes Wealth Clients, Family, & Friends, We know it has been a difficult time for our entire community due to the COVID-19 pandemic. There...

April 19, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Market Update – Stocks continue rally, await reopening of U.S. economy Dear Great Lakes Wealth Clients & Friends, Each day brings more news...

April 9, 2020 Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Happy Easter - Here to Help With Wellness Resources, Too Dear Great Lakes Wealth Clients, Friends & Family, As the COVID-19 situation continues to...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us CARES Act Passes Dear Great Lakes Wealth Clients & Friends, From rebate checks to small business support, there’s a lot packed into the Coronavirus Aid,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Stocks Are Breaking Records, but Not the Kind Investors Want Dear Great Lakes Wealth Clients & Friends, Truth be told, each day feels like an unprecedented,...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us Market Update – What To Do Now? Dear Great Lakes Wealth Clients and Friends, I trust all is well and that you and your family are hanging in there as best you...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us What the Current Market Correction Means for You Dear Great Lakes Wealth Clients & Friends, Market volatility remains exceptionally elevated as fears around the...

Wall Street Solutions with Main Street Values! www.greatlakeswealth.us The impact of the coronavirus has hit the markets hard, plunging the DOW -1,900 points over the last two days. First and foremost, 2019-nCov (known as coronavirus)...