Taper Tantrum Part Deux?

How are you doing? Are you making plans for fall or taking a step back to reassess? Can you hit reply and let me know? There’s a lot to weigh right now, so I’m curious to hear your thoughts. One big thing you may have heard about in the headlines is the Federal Reserve’s hint […]

Antitrust Crackdown Aims To Increase Competition

The executive order targets industries in which heavy market concentration is believed to be driving up prices. In July, the president issued an executive order intended to “combat excessive consolidation of industry, abuses of market power, and the harmful effects of monopoly.” More than a dozen federal agencies were directed to begin working on 72 […]

Should You Be Concerned About Inflation?

The next few months may indicate whether inflation is slowing down or changes in monetary policy are necessary. If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, […]

Rising Inflation: Where Will It Go from Here?

Though all economists expect inflation numbers to rise in the near term, there are different views on the potential long-term effects. In March 2021, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6%, the largest one-month increase since August 2012. Over the previous 12 months, the increase was 2.6%, the highest year-over-year inflation […]

High-Frequency Indicators: Where to Look for Signs of Recovery

Technology companies rolled out tools to help public health officials and policymakers around the world monitor mobility trends with data collected from smartphone apps. Since the pandemic began, disruptions in business activity have varied greatly from region to region, and often from one week to the next, according to the severity of local COVID-19 outbreaks. […]

GameStop, Reddit, and Market Mania: What You Need To Know

At the heart of this story are two very different sets of investors: professional managers of multibillion-dollar hedge funds and a small army of individual investors connected through social media.   Over the course of 11 trading days from January 13 to January 28, 2021, the stock of GameStop, a struggling brick-and-mortar video game retailer, […]

First Trust COVID-19 Tracker

Fight For COVID-19 Freedom Update Despite rising cases, recent data suggests the U.S. is responding well to the pandemic. As of Mid-July the number reporting Covid-19 positive was starting to fall and hospitals were operating around the 66% occupancy level. The death rate as a share of hospitalizations has increased a bit, but it remains close […]

First Trust COVID-19 TRACKER

First Trust Portfolios has done an excellent job of providing many additional data points regarding the progress we have made in the fight against COVID-19. We hope this helps in your understanding of the economic and market recovery underway. Click on the image below for addition detail.

2019 IRA Contribution Deadline Has Been Extended

Due to the coronavirus tax filing extension, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019). For most taxpayers, the contribution deadline for […]