Magnolia Wealth Advisors

Another great FTT in the books! 📚

Jeanette and Elizabeth had a great time attending Advisors Excel's November Foundational Team Training in Kansas this week. We're always excited to see our team members continue learning and growing!

What a fun Halloween weekend! 🎃

We had the best time at the Southwest Montgomery County Chamber of Commerce's 2026 Fall Fest, spending the day with our community, handing out treats, and seeing all the creative costumes.

Thank you to everyone who stopped by to say hi and spin our trick-or-treat wheel!

📊 **Weekly Market Recap | October 18–24, 2026**

📈 **Strong Earnings Meet Market Uncertainty**
Despite strong corporate earnings, markets continued to experience volatility as investors weighed rising interest rates, elevated energy prices and concerns surrounding AI spending. S&P 500 earnings growth remains strong, with third-quarter earnings currently tracking nearly 30% higher year over year.

💰 **Rising Costs Keep Affordability in Focus**
Higher energy prices, inflation and borrowing costs continue to put pressure on household budgets. With mortgage rates and other lending costs remaining elevated, affordability has become an important economic concern for consumers and businesses alike.

🏦 **All Eyes on the Federal Reserve**
The Federal Reserve is set to meet this week, with markets largely expecting interest rates to remain unchanged. Investors will be watching closely for clues about future rate decisions, particularly as inflation remains elevated and economic growth shows signs of improvement.

🔍 **Looking Ahead:**
• Federal Reserve Interest Rate Decision
• Case-Shiller Home Price Index
• New Home Sales & Consumer Confidence
• MBA Mortgage Applications
• Third-Quarter GDP Report
• PCE Inflation Report
• Weekly Unemployment Claims
• Third-Quarter Corporate Earnings

While strong corporate earnings provide an encouraging foundation, inflation, interest rates and geopolitical uncertainty continue to influence market sentiment. Staying focused on long-term financial goals remains important as markets navigate these short-term challenges.

📊 Weekly Market Recap | October 11–17, 2026

📈 Inflation Rises, Putting Pressure on Markets
September inflation came in higher than expected, with the Consumer Price Index (CPI) rising to 3.7% year over year, up from 3.4% in August. Producer prices also increased sharply, raising concerns that higher business costs could eventually be passed along to consumers.

🏦 The Fed Faces a Difficult Decision
With inflation remaining elevated and economic growth showing signs of slowing, the Federal Reserve faces a challenging balancing act. Raising interest rates could help control inflation but may also increase borrowing costs and put additional pressure on the economy.

📉 Stocks Retreat as Investors Weigh Inflation Concerns
Markets experienced renewed volatility following the inflation reports, with the Nasdaq falling 2% on Friday. Meanwhile, Treasury yields declined as investors sought the relative safety of bonds. Attention is also turning to third-quarter earnings, where early results have shown encouraging growth.

🔍 Looking Ahead:
• Housing Starts & Pending Home Sales
• MBA Mortgage Applications
• Leading Economic Indicators
• Weekly Unemployment Claims
• University of Michigan Consumer Survey
• Third-Quarter Corporate Earnings

With inflation concerns resurfacing and earnings season underway, investors will be watching closely for signs of economic strength and clues about the Fed’s next move. Maintaining a long-term perspective remains important as markets navigate short-term uncertainty.

Andrew and Jamie had the opportunity to play a round of golf at the iconic Greenbrier resort in White Sulphur Springs, West Virginia! ⛳

They know their way around a financial plan, but how's their golf game? Any guesses on who had the better round?

We’re Hiring!

Magnolia Wealth is looking for a CPA – Tax & Wealth Planning Advisor to join our growing team!

This is a great opportunity for an experienced CPA who wants to go beyond traditional tax preparation and help individuals, families, and business owners make smarter financial decisions through proactive tax planning.

📍 Spring, TX

Know someone who might be a great fit? We’d love for you to share this opportunity.

🔗 Learn more and apply: https://jobs.gusto.com/postings/magnolia-wealth-tax-advisor-wealth-management-cpa-or-enrolled-agent-c72f53b7-9ead-4c89-9d56-13a47f9f0d9e

📊 **Weekly Market Recap | September 27–October 3, 2026**

📈 **Treasury Yields Continue to Climb**
Bond yields remained a major market driver last week, with the 10-year Treasury briefly topping 5.3%—its highest level in nearly 25 years. Mortgage rates also moved above 7.3%, keeping borrowing costs elevated for consumers.

🛢️ **Oil Prices Ease, but Other Concerns Remain**
Oil prices fell below $90 per barrel as traffic through the Strait of Hormuz increased. Despite some relief in energy prices, Treasury yields remained elevated as investors continued to weigh inflation, government debt and the federal budget deficit.

💼 **Jobs Report Falls Short, Markets Rally**
The U.S. added 29,000 jobs in September, below expectations, while unemployment edged up to 4.2%. The weaker report reduced expectations for another near-term Fed rate hike, helping stocks rebound on Friday and Treasury yields ease slightly.

🔍 **Looking Ahead:**
• U.S. Services PMI
• ISM Services PMI
• U.S. Trade Balance
• MBA Mortgage Applications
• Federal Reserve Meeting Minutes
• Weekly Unemployment Claims
• Fed Member Speeches
• University of Michigan Consumer Survey

With Treasury yields remaining elevated and signs of a softer labor market emerging, investors will continue watching interest rates and economic data closely. Maintaining a long-term perspective remains important as markets navigate these shifting conditions.

📊 **Weekly Market Recap | September 20–26, 2026**

📈 **Treasury Yields Push Above 5%**
The 10-year Treasury yield climbed above 5% last week as investors weighed persistent inflation, higher energy prices and concerns surrounding government debt. Rising yields put pressure on stocks, particularly more rate-sensitive areas of the market.

🛢️ **Higher Oil Prices Keep Inflation in Focus**
WTI crude oil moved above $105 per barrel as geopolitical tensions continued to impact energy markets. Higher gasoline and diesel prices have helped keep inflation elevated, adding another layer of uncertainty for consumers, businesses and investors.

🏦 **What Comes Next for the Fed?**
Following its first rate hike since 2023, the Federal Reserve faces a challenging balance between controlling inflation and supporting economic growth. With inflation above the Fed’s 2% target while economic growth remains modest, upcoming employment and inflation data could play an important role in shaping expectations for future rate decisions.

🔍 **Looking Ahead:**
• JOLTS Job Openings Report
• Consumer Confidence
• ADP Employment Report
• Final Q2 GDP Reading
• Personal Income & Spending
• PCE Inflation
• Weekly Unemployment Claims
• September Employment Report & Hourly Earnings

With interest rates, inflation and energy prices all in focus, markets will be watching this week’s economic data closely for signs of where the economy may be headed. Maintaining a long-term perspective remains important as investors navigate short-term uncertainty.

Last week, Jamie and Andrew had the opportunity to visit the Advisors Excel headquarters in Topeka, Kansas to attend Sandler sales training!

Another great opportunity to learn, sharpen their skills, and bring new ideas back to the team.

We had a great time on the course last week for the first Klein Oak FFA Booster Club Golf Tournament Fundraiser! ⛳️

Our advisors came out to play, and Magnolia Wealth was proud to sponsor Hole 15. It was a hot one, but that didn’t stop the team from having a great time and supporting a great cause.

Thanks to Klein Oak FFA Booster Club for having us!