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From monthly archives: February 2018

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Hilltop Market Update, February 2018

Hilltop Market Update, February 2018
  The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. Indexes are unmanaged and do not incur management fees, costs, or expenses.  It is not possible to invest directly in an index.    Video Transcript: Chris: Hi there. Welcome to the Hilltop Wealth Advisors’ Market Update and Outlook for the first quarter of 2018. I’m Chris Hostetler and with me today is Rusty Eriksen. Thanks for being with me Rusty. Rusty: Glad to be here, Chris. Chris: So, we were just wrapping up our quarterly investment outlook meeting a couple of weeks ago and remarking that we have seen a pretty good run in the markets lately. Fixed income investments were somewhat flat in 2017 but stock markets in both the U.S. and abroad had a pretty good run. It was a good year across the board, wasn’t it? Rusty: It was and when we were talking with the different economists and ...

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Durham’s Legacy as “Black Wall Street” Continues to Shape Lives Today

Durham’s Legacy as “Black Wall Street” Continues to Shape Lives Today
By: Mya Reeves (with Chris Hostetler and Kali Whitaker)   A diverse, growing city with great food and inspiring arts, Durham, North Carolina, has a proud heritage as an economic powerhouse for black-owned businesses.  Many of the institutions and traditions that took root more than a hundred years ago are still shaping business activity and lives, including mine.  “Black Wall Street,” a term coined by Booker T. Washington, describes the vast business developments on Parrish Street in the early 1900s. Located north of the Hayti Community, one of Durham’s largest African-American communities, Black Wall Street became a center of black life in Durham.  John Merrick, one of the primary founders of NC Mutual Life Insurance Co. What we know of Durham today is a mosaic of institutions that sprung from the innovation and entrepreneurship of Black Wall Street’s leaders, many of whom were born as slaves.  At a time when most black people struggled to r ...

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