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Economic News

Video: A New Option for Leftover 529 Funds

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Q1 Market Review: May Update

May Update  Despite volatility along the way, markets gained so far for the year 2023. Markets rallied in January with hopes that the Fed would soon halt interest rate hikes. The Fed raised rates by 25 basis points in February and again in March, taking the federal funds rate to 4.75% – 5%. Data indicates…

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Planning for Inflation

For years, the Fed took measured steps to successfully control inflation.  Then the pandemic struck, causing a global economic crisis.  As economies reopened, inflation spiked to levels not seen in 13 years.  This dramatic increase has been due to a surge in spending at a time of massive disruptions in the global supply chain and…

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Buckle Up for a Continued Semiconductor Chip Shortage

If you’ve driven by a car lot recently, you have probably noticed that inventory looks a bit sparse.  Inventory of new cars in the U.S. is 30% of pre-pandemic levels.1 And as a result of low inventory, new and used car sales have seen a spike in prices.  This is due to a global semiconductor…

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Health Care Costs and the American Rescue Plan

On March 11, 2021 the American Rescue Plan (ARP) was signed into law to offer financial assistance and economic stimulus for those effected by the Covid-19 pandemic.  Some of the many elements of the plan address health care costs for 2021 and 2022.  Following is a summary of some of the health care cost savings…

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American Rescue Plan Act of 2021

The American Rescue Plan Act of 2021 (“Plan”) is an enormous piece of legislation designed to promote economic recovery and provide assistance to millions of Americans who have been impacted by the COVID-19 pandemic.  The Plan has a special focus on fighting poverty with several provisions that help low-income families, people who have lost their…

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Market Segment Cyclicality and the Rise of Small Caps

As we surpass the one year anniversary of the Covid-19 pandemic and accompanying market sell off, it is worth looking back on the ensuing market cycles that resulted. From the middle of February to the middle of March 2020 the Russell 2000, the small-cap index, plunged more than 40% while the S&P 500, the large-cap…

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Investing Long Term? Don't Overlook the Inflation Factor!

Inflation can eat away at your savings. This report explains how you can defend against inflation.

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Global Market Update Event

Harbor event

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How Safe are our Jobs?

Occupations ranked based on their vulnerability to being replaced by increasingly powerful, increasingly inexpensive computer technology.

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