Economy

All Blog Posts from Economy

  • Focus on Investments

    Our Outlook

    What is Driving this Market? Can anything stop this market?  Slowing growth and a recession certainly could, but are they anywhere on the horizon? A host of COVID specific federal unemployment benefits are set to expire on September 6th 2021.  Among the expiring emergency benefits is an extra $300 per week of unemployment income. Federal […]

  • Infrastructure & Budget Legislation

    US Senate Spending Bills On August 10, 2021, the US Senate passed a bi-partisan infrastructure funding bill worth $1.1 trillion (see more here).  The Senate bill allocates about 10% toward roads & bridges and smaller amounts for rails, ports, airports, and EV charging stations. According to Statista, in 2018, the US spent 0.52% of its […]

  • Bond Rates Are Declining, Why?

    Our Outlook

    What are Lower Yields Telling Us? On March 19, 2021, the benchmark ten-year US Treasury bond closed yielding 1.74%. By the first trading day in August the bond’s yield had dropped to 1.20%. With all of headlines and talk about rising inflation, why have bond yields dropped so significantly since March? The bond market and […]

  • Why My Property Tax Increased & Yours May Too

    Our Outlook

    A Rising Home Value is Good Right? Yes, but in a way it’s a double edged sword.  Have you looked at your mortgage escrow statement recently?  I did and my jaw dropped. My real estate taxes just jumped 31%. It must have been a mistake I thought. Then I called my county auditors office and […]

  • Market Quick Stats – July 2021

    Our Outlook

    Back to Normal?  Not So Fast… Just as most restaurants and business in cities with the most stringent COVID precautions/restrictions started to re-open, some of those locations are introducing new COVID precaution/restriction measures. For example New York City mayor Bill de Blasio recently announced mandatory vaccinations for all newly hired NYC government employees and for […]

  • How to Look at Market Valuations

    Our Outlook

    What is a “Fair” Price for Stock Before you buy or invest in stock, you’ll want to answer the question: Are stocks valued appropriately for the current level of economic activity or expected level of activity over the next twelve months? You can think about stock valuations a little like you might think about a […]

  • Is 2021 Back to Normal Yet?

    Our Outlook

    (Re) Open For Business Here we are halfway through 2021. Restaurants and business throughout the nation are re-opening. How is this return to normal playing out in the economy and stock and bond markets? As of June 30th, according to S&P Dow Jones Indices, the S&P 500 index of US stocks is up 15.2% year-to-date (YTD). […]

  • Focus on Personal Finances

    Our Outlook

    High Debt Levels Higher levels of corporate, government, and personal debt may be creating a more fragile economic environment. In past decades, low debt was considered prudent and desirable. Today, fiscal policies pursued by the US Federal government have pushed our national debt over $28 trillion, and zero interest rate (ZIRP) monetary policies of the US […]

  • What About Bitcoin?

    Our Outlook

    Crypto Curiosity Record breaking prices propelled Bitcoin into the mainstream news this spring. We have fielded more and more questions about cryptocurrencies in general and Bitcoin specifically. It appears likely that blockchain technology and maybe some cryptocurrencies may survive. Ultimately, how they are regulated and how widely they will be used as currency or for […]

  • Taxes & Energy Policy

    Our Outlook

    Individual Tax Rates The current US government administration is considering raising taxes for individuals & families, corporations and even estates.  A recent CNBC article discussed how the Biden administration is looking to raise the top marginal tax bracket to 39.6% from 37.0%.  Coupled with this is the likelihood of lower income thresholds for each tax […]

  • Inflation and the Economy – 1st Half 2021

    Our Outlook

    Inflation – Persistent or Transitory? One of the biggest financial news themes this year has been inflation. There is no question that price inflation is on the rise.  Is it here to stay, or will recent increases be short-lived and transitory? Each month, a US government agency called the Bureau of Labor Statistics (BLS) measures […]

  • September 2020 Non-Farm Payroll Employment (NFP)

    Our Outlook

    On October 2nd, 2020 the Bureau of Labor Statistics (BLS) reported that September Non-Farm Payroll Employment rose by 661,000 new jobs and the unemployment rate fell by 0.5% to 7.9% (see full release here). The unemployment rate dropped below the key 8% level although job gains were below estimates forecasted by Marketwatch at 810,000. September represents […]

  • August 2020 Non-Farm Payroll Employment (NFP)

    On September 4th, 2020 the Bureau of Labor Statistics (BLS) reported that August Non-Farm Payroll Employment rose by 1.4 million new jobs and the unemployment rate fell by 1.4.% to 8.4% (see full release here). The unemployment rate drop was better than forecast and total job gains where about in-line with estimates. August represents the […]

  • July 2020 Non-Farm Payroll Employment (NFP)

    On August 7th 2020 the Bureau of Labor Statistics (BLS) reported that July Non-Farm Payroll Employment rose by 1.763 million new jobs and the unemployment rate fell by 0.9% to 10.2% (see full release here). Both the job gains and the unemployment rate drop were better than forecasted. July represents the third 1 million+ job […]

  • A Look at Tax Increase Proposals

    Our Outlook

    Taking a look at the recently proposed 3% wealth tax and raising the top marginal income tax rate to 70%.

  • Much Ado About Tariffs

    Our Outlook

    Recently announced tariffs on steel & aluminum imports has created an economic commentary uproar. Should you be concerned?

  • Commentary – August 22, 2017

    Our Outlook

    TD Ameritrade Economic research discusses the upcoming need for congress to pass a budget and raise the debt ceiling. Humanitarian aid and rebuilding from the devastation left by Hurricane Harvey on the Gulf Coast is a critical need that congress will also have to address.