July 31, 2021

The economy grew at a 6.5% annual rate for the quarter ended June 30, according to the Bureau of Economic Analysis release yesterday. It was slightly lower than expected but much stronger than the quarterly rate before the Covid pandemic. Read this week's weekly e-newsletter

 

July 23, 2021

Positive reports on corporate earnings, housing starts, and the index of leading economic indicators (LEI) drove stocks to close the week at a record high. Read this week's weekly e-newsletter

 

July 16, 2021

In the post-War era, major declines in stock prices are highly correlated with recessions, and stock prices generally bottomed months before the end of recessions. At present, no recession is on the horizon. Read this week's weekly e-newsletter

 

July 9, 2021

With purchasing manager survey data bolstering a bullish outlook and the Federal Reserve revealing a hike in interest rates is still far off, stocks closed at a record high for the third straight week. Read this week's weekly e-newsletter

 

July 4, 2021

The U.S. created 850,000 new jobs in June, considerably more than the 680,000 expected and confirming the labor market recovery from the pandemic is progressing in line with the Federal Reserve’s plan for economic growth. About 95,000 new jobs a month are required to keep up with population growth, so June’s 850,000 was very good news -- the largest gain in 10 months. Watch this week's video

 

June 19, 2021

What does the political standoff in Washington mean to you? -- not in terms of your politics but in terms of your bottom line - your after-tax income and your family's wealth. One layer of variables hinges on Congressional processes and timing, and another set of possible outcomes is posed by actual changes in the U.S. Code. And overlaying all of these variables are hard fiscal realities and politics. It is a bit of a mess! No matter your politics, however, you want to keep as much of your income and wealth as possible and pay as little tax as is legally allowed. So, keep your eye on four possibilities. Watch this week's video

 

June 11, 2021

With the Standard & Poor's 500 stock index breaking record highs lately, what do you expect from stocks for the rest of 2021? As a booming expansion begins and inflation uncertainty grows, here are three scenarios for how the rest of 2021 might look to investors. Watch this week's video

 

May 31, 2021

It's looking like the months ahead could be a real nail-biter for making financial decisions, with the rate of inflation that U.S. monetary policy is pegged against more than doubling in the past two months. Watch this week's video

 

May 16, 2021

The Federal Reserve says the current spike in inflation will be temporary, but some economists say the Fed is just winging it and could easily be wrong. Inflation-risk is likely to cloud the investment outlook for the rest of 2021 and into 2022. Watch our Video Series

 

6/17/21

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June 4, 2021

Todays jobs situation report confirmed the recovery is on track and stocks closed a fraction from their all-time high. Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined three-tenths of 1% to 5.8%, the U.S. Bureau of Labor Statistics reported today. Read this week's weekly e-newsletter

 

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Our Disclosure

Wealth Advisory solutions provided by subsidiaries of Percheron Asset Management Group, Inc.: Herold Advisors Inc. and Lantern Wealth Advisors, LLC., SEC registered investment advisors. Securities offered through Herold & Lantern Investments Inc., a registered broker dealer, Member FINRA, MSRB, SIPC.

Bernard Herold & Co., Inc.
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