Economy

Everything seemed to be rolling along. Here we are $31 trillion in debt with banks failing left and right. No concerns, no need to have any question about what is transpiring… Times like these emphasize the importance of having a long-term financial plan and an emergency fund that will support your living expenses for 6-9…

July and August CPI have confirmed that the inflation problem is not going away. The question on everyone’s mind now is when will interest rates stop moving to the upside, which also seems to be an indefinite trend. With the continuing rise in interest rates, expanding costs, and the shortage of labor due to COVID…

The brief newsletter below summarizes our response to the questions clients have been asking us lately. If you have a question you’d like us to address next month, please send us a note! The Inflation Reduction Act was passed by the 117th Congress in July. In a nutshell, this act looks to garner higher revenue…

They say that October is the witching hour in the markets. In this newsletter we’ll talk about whether or not we believe this is likely to be the case this time around. Record stimulus to come into play Stimulus has reached all time highs, propping up demand artificially and leading market participants to believe a…

It seems like you can’t read an economic briefing today without seeing headlines about inflation. There are many confounding views and in this newsletter we’re going to clarify the major points you need to know. CPI and what it means The CPI, or Consumer Price Index, is a measure of inflationary pressure. It tracks the average…

In April 2021, President Biden proposed to increase capital gains tax rates in an effort to fund the American Families Plan, a change that would be retroactive to the date of announcement. In this article we’ll discuss what the move would entail, and its possible impact on the American public. What are the proposed tax…

The media is abuzz with talk of possible inflation due to the release of pent up demand now that the recovery is underway. Treasury Secretary Janet Yellen’s comments about a possible rise in interest rates has only added fuel to the fire of concerns about the economy overheating. Here are some reasons we’re not completely…

As more and more of America becomes vaccinated, we can all shop at the grocery store without having to worry about the person behind us in the checkout line staying six feet away. The question is, are we back to normal? I’m not going imply that I’ll miss the hassle and stress, as well as…

As more and more people become vaccinated and America “reopens”, I’m hearing a lot of economists speak optimistically, painting a rosy picture of the growth we’re likely to see as the recovery unfolds. Did you support the local businesses? I can’t help but want to take pause and ask one simple question. What happened to…

Now that the presidential election is over, we would like to congratulate all of you who participated. We had the greatest turn out in American history, so kudos to the country! Just like in 2000 when Al Gore asked for a recount, Donald Trump is doing the same. This time the variables are quite different.…