Monthly Economic Update September 2021

September 8, 2021 Blog
In this month’s recap: Stocks rallied, fueled by an improving labor market, strong corporate earnings, and clarity on Fed tapering plans. U.S. Markets Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August. The Dow Jones Industrial Average
Continue Reading...

Monthly Economic Update August 2021

August 10, 2021 Blog
In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases. U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. The Dow Jones Industrial Average picked up 1.25 percent, while the Standard &
Continue Reading...

Monthly Economic Update July 2021

July 16, 2021 Blog
In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. T I P   O F   T H E   M O N T H Cancel monthly charges for services or products you really don’t use or need. If you decide you do need them, you can
Continue Reading...

Monthly Economic Update June 2021

June 21, 2021 Blog
In this month’s recap: Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure. T I P   O F   T H E   M O N T H Before signing on as a franchisee, double-check the amount of cash available to dedicate to the business. If you need financing, look
Continue Reading...

Monthly Economic Update May 2021

May 25, 2021 Blog
In this month’s recap: Stocks notched a solid gain, fueled by a succession of positive economic reports and a strong start to the first-quarter earnings season. T I P   O F   T H E   M O N T H Do you need several credit cards? Maybe not, especially if you don’t use some of them.
Continue Reading...

Monthly Economic Update April 2019

April 8, 2021 Blog
In this month’s recap: the Federal Reserve sees no rate hikes in 2019, investors watch Treasury yields with interest, hiring suddenly weakens, home sales pick up, and the price of oil tops $60.  T I P   O F   T H E   M O N T H In view of possible extended care needs, you may
Continue Reading...

Monthly Economic Update March 2021

March 18, 2021 Blog
In this month’s recap: The burgeoning economic recovery and decreasing number of COVID-19 infections lifted stocks. T I P   O F   T H E   M O N T H Too many people put a majority of their assets into a single stock (usually a company stock). Remember the merits of diversification. Diversification is an approach
Continue Reading...

Monthly Economic Update February 2021

February 15, 2021 Blog
In this month’s recap: As the month came to a close, stocks were mixed as attention shifted to unprecedented activity around a handful of companies with short-interest positions. T I P   O F   T H E   M O N T H At a 4% rate of inflation, expenses will double every 18 years. That’s a
Continue Reading...

Monthly Economic Update January 2021

January 6, 2021 Blog
In this month’s recap: Stocks closed the year with a solid rally, fueled by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. T I P   O F   T H E   M O N T H Check your credit report annually for errors. Under federal law, you are entitled
Continue Reading...

Monthly Economic Update December 2020

December 10, 2020 Blog
In this month’s recap: Stock prices powered higher and energized investors thanks to a month-long succession of positive news events. T I P   O F   T H E   M O N T H Some small business owners don’t have succession plans. If you haven’t created one, now is as good a time as any to
Continue Reading...