The Wealth Blog
Exhale – November 9, 2020
Stocks surged as investors breathed a sigh of relief that the darkest predictions of election-day chaos didn’t materialize. From the narrow vantage point of the…
Election 2020 – November 4, 2020
Saying that 2020 has been a difficult year is an understatement. We are grappling with Covid, economic upheaval, racial tensions, wildfires, hurricanes, and a polarized…
Record Setting GDP Report Confirms Explosive Third Quarter – November 2, 2020
The U.S. BEA reported Gross Domestic Product (GDP), which is the broadest measure of the value of goods and services for the economy, expanded at…
Blockbuster GDP Report – October 29, 2020
First quarter Gross Domestic Product (GDP) fell at an annualized pace of 5%, which was followed by a 31.4% decline in Q2, the worst ever…
Housing’s Check Mark Recovery – October 26, 2020
Economists like to use letters of the alphabet to describe an economic recovery. A sharp rebound would be termed a V-shaped recovery. A U-shaped recovery…
4 Financial Tax Planning Tips You Can Implement Today
The end of the year is fast approaching. But there is still time to put your financial house in order and save money. Can you…
Mixed Economic Data Paints Mixed Picture – October 19, 2020
Over time, economic reports tend to move in the same direction. If the economy is expanding, the news is good. In a recession, the opposite…
November Rain – Election time – October 12, 2020
Winston Churchill once said, “No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of…
5 Reasons a Financial Plan Isn’t Just for the Super Wealthy – October 7, 2020
Much like a roadmap charts a path from point A to point B, a financial plan is the roadmap that helps get you to your…
Pace of Job Growth Slows, Trump Tests Positive for Covid – October 5, 2020
Employers are bringing back furloughed workers. But the initial surge of reopenings, which sharply boosted employment in the summer, is beginning to fade. The low-hanging…
A Rocky September – October 2, 2020
September has historically been a tough month for stocks. On average going back to 1970, September is the only month that registers a negative return…
Stocks Run into Turbulence – September 28, 2020
Stocks have been on a five-month run, with monthly gains for the S&P 500 Index running between 1.8% (June) and 12.7% (April). August’s return of…