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 […]

How a European War could affect the U.S. economy

Russian Ukrain crisis

As we know, Russia has amassed 100,000 soldiers equipped with military tanks, fighter jets and missile launchers along the Northern and Eastern border of Ukraine, signaling a multi-pronged attack on Ukraine might be in the near future. Russian President Vladimir Putin denies plans for an invasion, but has simultaneously outlined terms from the West to […]

2021 Market Recap and 2022 Outlook

2021 Market Recap and 2022 Outlook

Many have joked that 2022 feels like Groundhog Day, or a repeat of 2020.  The silver lining is we get to cycle through a comfy selection of sweatpants while staying at home to limit unnecessary COVID exposure.

Will Omicron Sicken Our Economic Recovery?

Will Omicron Sicken Our Economic Recovery?

Many of us were still enjoying an overdue Thanksgiving gathering when we heard the news of the latest COVID variant, Omicron. Two weeks later, some of us are still trying to figure out how to pronounce the new variant.

Charitable Gifting to Lower Your Taxes

Gifting Taxes

As we head towards the end of the year, many consider charitable gifting to support their favorite organizations around the holidays. These meaningful gifts can also provide the donor with tax benefits in the forms of reduced taxable income or increased itemized deductions, ultimately lowering their tax expenses. Direct Gifting Provision Under the Tax Cuts […]

Q2 Market Recap

The U.S. stock market continued to climb though the first half of 2021, despite the spread of the new Delta COVID variant globally. In fact, this June accounted for the fifth positive quarter of consecutive gains for the U.S. investment market. Every sector of a diversified investment portfolio did well in the most recent quarter. […]

Tokyo Olympics in Limbo

In recent weeks, there has been a standoff between the International Olympic Committee (IOC) and the Japanese public as to whether the Tokyo Games should be held. After being postponed for a year due to COVID, the summer Olympic Games of 2020 are rescheduled to begin on July 23, 2021 in and around Tokyo, Japan. […]