Argent Financial Group (Argent) is a leading, independent, fiduciary-based wealth management firm. Responsible for more than $65 billion in client assets, Argent provides individuals, families, businesses and institutions with a broad range of wealth management services, including trusts and estate planning, custody and escrow, investment management, retirement plan consulting and administration, employee stock ownership plans (ESOPs), funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management and other unique financial services. Headquartered in Ruston, Louisiana, Argent was formed in 1990 and traces its roots back to 1930.
An Oversold (and Confused) Market • In mid-July, 87% of the S&P stocks exceeded their 50-day moving average. By mid-August, the high point had fallen to 33%, and as of September’s close, the number of stocks still holding above their 50-day moving average slipped...
Same Song, Second (or Third or Fourth) Verse There’s a certain sameness to the current market environment. It seems that we’ve been facing a familiar dynamic tension for most of the past year: GDP is thankfully still positive — no recession yet, and the unemployment...
In this morning’s data, Personal Income grew 0.4% in August, as expected and higher than the previous month. Personal Spending grew 0.4% in August, slightly lower than expected and moderately lower than the previous month. Real Personal Spending, which accounts for...