The Wealth Blog

It’s been one year since Covid was declared a pandemic. What have we learned? Time-tested financial principles have served us well. You must have a…

This has been a recession like no other. Lockdowns battered economic activity in March and April, while the reopening of the economy and government relief…

The major stock market indexes hit bottom on March 23, 2020. Data points The S&P 500 Index2 had peaked just one month prior. The decline…

One theme that stood out from the Fed’s meeting last week and Fed Chief Powell’s press conference which followed the meeting—the Fed is in no…

Last week the president signed the American Rescue Plan, which pumps another $1.9 trillion into the economy. That’s on top of the $900 billion passed…

One year ago, the World Health Organization declared the Covid outbreak a pandemic. Americans were beginning to stock up on staples, strict lockdowns were in…

Hiring accelerated last month as restaurants and other firms in the leisure and hospitality industry reopened amid a drop in daily Covid cases. The U.S….

The economy is off to a strong start in 2021. According to a closely followed GDP tracking model, GDP is tracking at a 10.0% annualized…

Longer-term Treasury bond yields have been rising, with the yield on the 10-year Treasury hitting a one-year high last week (US Treasury Dept. data). It…

The Federal Reserve has pledged to hold its key lending rate, the fed funds rate, at near zero for an extended period. Short-term interest rates…

After languishing near the end of last year, the economy is showing tentative signs that growth is beginning to pick up. Economic forecasting is sometimes…

U.S. Gross Domestic Product (GDP) is the largest measure of economic activity. It expanded at a record 33.4% annualized pace in Q3 and a slower…