In the third quarter of 2021, we saw a bit of a pullback overall. This trend could be seen in markets at home and around the world. This followed a second quarter where we continued to see growth and expansion in the markets. There are some key reasons this may have happened, but first, here […]
What the Inflation Rate Increase Means for You
Inflation in 2021 was an expected response to the halted 2020 economy. There was a 5.4 percent increase in prices in June of this year, which is the highest inflation rate we’ve seen since 2008. That rate was also 5.4 percent in September, which was higher than anticipated. We knew the rise in inflation was […]
2021 Economic Update: Q2
Despite some bumps in the road, 2021 has mostly looked like a recovery for the U.S. economy. As life looked a little more normal, spending has ramped up and investor confidence has grown. In the first quarter of 2021, the S&P 500 recorded a 52% growth in earnings, which is higher than we’ve seen in […]
COVID-19 and the Wealth Gap: The Long-Term Impact
Major financial crises have a way of creating wealth divides. There was one after the 2008 housing crisis, The COVID-19 pandemic, which has had a significant impact on the economy, is certainly an example of that. The financial losses of this pandemic have been vastly different for everyone. For some – particularly white collar workers […]
Impacts of the Biden Tax Updates
Since taking office, President Biden has unveiled his new tax plan, which helps to fund the Build Back Better Program. There are three plans in this agenda: the American Rescue Plan, the American Jobs Plan and the American Families Plan. Each of these plans will have different impacts on taxes. As the tax changes roll […]
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