Economy

Macro Economic Overview
Inflationary pressures have taken hold throughout the economy, as raw materials required for most every consumer product from bread to automobiles have increased in cost due to short supply and growing demand. Commodities ...

Published On: May 10, 2021Categories: Economy
Yields Continue To Move Upward – Fixed Income Update
Yields rose across all fixed income sectors, with the 10-year Treasury yield reaching 1.74% as of March 31st, the highest level since January 2020. The onslaught of rising yields has been in conjunction ...

Published On: April 17, 2021Categories: Bond Market, Economy
Markets Gained On Optimism – Equity Overview
Optimism deriving from continuing fiscal and monetary stimulus efforts in addition to vaccination progress, drove equites higher in the first quarter. Major equity indexes moved higher with the energy, financial and industrial sectors ...

Published On: April 16, 2021Categories: Economy
What The Top 1% Really Owns – Demographics
Wealth, as measured by assets owned by individuals among all income brackets, surprisingly is not as perceived by most. Federal Reserve data show that the top 1% hold just over 11% in real ...

Published On: April 16, 2021Categories: Economy
Stimulus Bill Provisions For Individuals – American Rescue Plan Act of 2021
Economic Impact Payment (EIP) of $1400 per individual with an Adjusted Gross Income (AGI) of up to $75,000 based on 2019 tax returns or 2020 returns if already filed. EIPs for qualifying dependents ...

Published On: April 13, 2021Categories: Economy, Government/Municipal, Taxes
Macro Economic Overview
The prospect of resurgent inflation has developed into a growing concern for markets globally. Some believe that current inflationary pressures may be transitory and not lasting, while others contend that higher prices may ...

Published On: April 9, 2021Categories: Economy
Food Prices On The Rise – Consumer Inflation
The price of food, from oranges to eggs to meat, increased at an annual rate of 3.9% in 2020 according to the Bureau of Labor Statistics. Prices are projected to increase 2-3% in ...

Published On: March 18, 2021Categories: Consumer Behavior, Economy
Labor Market Overveiw
Data from the U.S. Department of Labor covering 38 years show that the average annual percentage of workers earning minimum wage is 6%. The data reveals that the trend is a decreasing percentage ...

Published On: March 15, 2021Categories: Economy
Fed Continues To Stabilize Interest Rates By Buying Bonds – Fixed Income Overview
The Federal Reserve signaled that it would continue its ambitious program of buying $120 billion of treasury and mortgage bonds each month. The bond buying is meant to provide economic stimulus and stabilize ...

Published On: March 15, 2021Categories: Economy
How Stimulus Payments Are Treated For Tax Purposes
With over 160 million stimulus payments sent with the first round of pandemic relief efforts, many in receipt of the payments are asking whether the payments are taxable or not. The IRS has ...

Published On: March 12, 2021Categories: Economy, Government/Municipal, Taxes