What follows is a hypothetical conversation in response to the question, “When will the markets go back up?” “Are we there yet?” No. “Do you mean we aren’t at the bottom yet?” Quite possibly. “Or that we aren’t ready for the next turnaround?” That, too. “How long will the bear market last?” That depends, but […]
Humor me while I repeat myself. There are some points worth making more than once. Especially when it comes to inflation, recession, and the stock market. In my May 2, 2022 Blog, What’s Up with Current Market Volatility, I referenced the following: The Federal Reserve oversees the control of inflation. The key tools the Fed […]
When my clients ask me for my 2021 Market Outlook, I gently laugh and say, “Well, let’s hope it is more accurate than last year’s.” On January 6, 2020 I noted that the upcoming year would likely be a “decent one” for the US economy. At the time, that statement seemed like a pretty safe […]
One of the shining spots in the US economy right now is the housing market. Between seeing it firsthand in my own neighborhood and hearing the experiences of clients buying and selling homes, the housing market appears to be as hot as it was in 2006-2007. “For Sale” signs are popping up one week, and […]
Clients often ask me what one can do to best prepare for buying a house, especially for the first time. If you are considering making such a purchase, there are some things you can do to ensure you are best positioned to act when opportunity strikes. Review and Improve Your Credit Score Having a strong […]
You will often hear, “so goes the consumer, so goes the United States economy.” This is a phenomenon that has grown during my lifetime, as we shifted away from a manufacturing economy to a more service-based economy. Look below at the chart and you will see that consumer spending does make up almost 70% of […]
Following yesterday’s sell off we wanted to share some thoughts and facts about the economy and the market. Lost in a new cycle filled with bad news, last Friday’s payroll report was the 113th month in a row with positive job growth here in the US. (The next closest record time period is 48 months!) […]
New year, new budget! The holidays are over, the new year has arrived, and we’ve begun a new year to meet your financial goals. Don’t let unexpected expenses derail your plans for the new year. The start of a new year is the perfect time to clear off your kitchen table and take an in-depth […]
Over the summer there was an interesting IRS ruling that was spurred by a single company trying to provide a unique perk to their employees. Record low unemployment has resulted in a challenge for companies to find and keep qualified candidates, especially recent graduates. In an effort to attract and retain these folks, one company […]
As the calendar turns to 2014, many folks use the month of January to review their retirement balances and see how their accounts have grown. Whether it’s the cold weather that makes people pay more attention or a derivative of a new year’s…
