August 27, 2021
Federal Reserve Chairman Jerome Powell today said the United States has made progress in managing inflation as well as employment, marking the start of a new phase
August 7, 2021
In this era of economic and investment volatility, fortunes are being made. AND LOST! Whether you just won the lottery or earned a huge bonus for performing more procedures than any of your partners last year, here’s important information about what to do next. Watch this week's video
August 14, 2021
The manufacturing purchasing managers index ticked lower in July but is not far off from a record high, while the more important service purchasing management index shot higher to a record high. Read this week's weekly e-newsletter
July 26, 2021
Everyone has their own personal reactions to life’s risks, and financial crisis planning is personal to everyone. As financial professionals, we urge you not to wait for a financial crisis that keeps you awake at night. Watch this week's video
August 6, 2021
The total number of U.S. employees grew by 943,000 in July, a blockbuster number, and the risk of the Covid variant stopping the economic recovery grew less ominous this past week. Read this week's weekly e-newsletter
August 2, 2021
Although some may argue that the coronavirus disease of 2019...commonly referred to as Covid-19...now is in our past, the fact is that less than one-half of the world's inhabitants have received even their first vaccination. As stated by one of the leading developers of virus antidotes, keeping this disease (and its variants) under control will continue to be a health need for many years to come. Read this quarter's newsletter
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