Rocky Road Ahead

In January 2022, Fed Chairman, Jerome Powell, acknowledged that the Federal Open Market Committee (FOMC) was behind in addressing inflation. Therefore, they set a plan to tackle inflation by raising interest rates eight quarter-points or 2.0% in the year 2022. By July of this year, the Fed had exceeded its original target, raising interest rates […]

Is the Recession Officially Here?

This week, the U.S. Federal Reserve Board increased interest rates for the fourth time this year with another three-quarter point, or 75 Basis Points (BPS). This is the fastest pace at which the Fed has raised interest rates in decades. This week’s action by the Federal Open Market Committee (FOMC) brings the Federal Funds target […]

Using Volatility to Your Benefit

Using Volatility to Your Benefit

The stock market is not for the faint of heart! However, those who have been through the Dot-Com bubble burst, the Great Recession, and the COVID blip know that this too shall pass. Now that we’ve acknowledged our emotional right-brain, your left-brain might be asking for some logical analysis of conditions. Volatility presents some opportunities […]

Mid-Year Review

Mid-Year Review

June was a tough month for the stock market! The U.S. Federal Reserve Board surprised many with a three quarter point interest rate increase – the largest increase since 1994.[i] The Fed’s move shocked investors and economists alike, sending the unprepared stock market down into official bear market territory, or a decline of 20% from […]

Mixed Market News

Mixed Market News

May was a hard month to digest. We saw stocks drop over 9% from peak to bottom in two-weeks, with a sudden rebound in the last week that nearly wiped out all of May’s losses. Unfortunately, many predict this roller-coaster market will remain through the latter half of 2022 as we juggle inflation, continued supply […]

Bear Market Investment Strategies

Bear Market Investment Strategies

As of this week, the Dow Jones Industrial Average (DJIA), a stock market index that tracks 30 large publicly traded companies, was down approximately 13% from its high in December 2021. The broader S&P 500 Index of 500 publicly traded companies in the U.S. was down roughly 16% over the same period and the tech […]

Recession Looming?

Inflations

Inflation in the U.S. accelerated to 8.5% in March 2022, as compared to the same month a year ago. We have not seen inflation this high in four decades. The consumer price index (CPI), which measures the cost of goods and services across the economy, noted the biggest contributors to inflation in the last 12-months […]

Inflation Echoes 1982

Inflation Echoes 1982

Inflation in the U.S. reached 7.9% as of February 2022, echoing a rate we have not seen since January of 1982. The consumer price index (CPI), which measures the cost of goods and services across the economy, noted the biggest contributors were automobiles – up 41.2%, gasoline – up 38% and energy – up 25.6% […]

2022 Medicare Part B Premium Increases

Medicare Part B

Many retirees switch from employer sponsored health care insurance to Medicare coverage when they are eligible at age 65, or upon retirement. Medicare Part B insurance helps pay for doctors’ visits, outpatient care, labs (x-rays and blood work), and medical equipment. To the surprise of many, Medicare Part B premiums went up from $148.50 a […]