Welcome to the Website
Experienced Financial Advice for Clients from a Wealth Management Professional:
INVESTMENT
RETIREMENT
LEGACY
Helping Clients Plan and Manage:
*Investment Objectives
*Retirement Plans
*Legacy Goals
Macro: The U.S. Economy
FED 4th Quarter 2020 GDP Growth Forecast: +7.5%
BEA 3rd Quarter 2020 GDP Growth Estimate: +33.4%
* FED GDPNow model forecast of real GDP growth annualized as of 1/21/21.
** BEA 3rd estimate of 3rd quarter real GDP growth annualized as of 12/22/20.
Open the Economy:
Yes to vaccines.
Yes to masks.
Yes to social distancing.
Yes to travel restrictions.
No to lockdowns.
No to closings.
No to surveillance.
Recent Economic Data is Mainly Positive:
1/22/2021 Existing Home Sales Increased 0.7% in December
1/21/2021 Housing Starts Increased 5.8% in December
1/15/2021 Industrial Production Increased 1.6% in December
1/15/2021 The Producer Price Index (PPI) Rose 0.3% in December
1/15/2021 Retail Sales Declined 0.7% in December
1/13/2021 The Consumer Price Index (CPI) Rose 0.4% in December
1/8/2021 Nonfarm Payrolls Fell 140,000 in December
1/7/2021 Trade Deficit in Goods & Services was $68.1 Billion in November
1/7/2021 The ISM Non-Manufacturing Index Rose to 57.2 in December
1/5/2021 ISM Manufacturing Index Rose to 60.7 in December
***2021***
12/23/2020 New Orders for Durable Goods Increased 0.9% in November
12/23/2020 Personal Income Declined 1.1% in November
12/23/2020 New Single-Family Home Sales Declined 11.0% in November
12/22/2020 Q3 Real GDP Growth Revised Upward to 33.4% Annual Rate
12/22/2020 Existing Home Sales Declined 2.5% in November
12/17/2020 Housing Starts Increased 1.2% in November
12/16/2020 Retail Sales Declined 1.1% in November
12/15/2020 Industrial Production Increased 0.4% in November
12/11/2020 The Producer Price Index (PPI) Rose 0.1% in November
12/10/2020 The Consumer Price Index Rose 0.2% in November
12/4/2020 Nonfarm Payrolls Rose 245,000 in November
12/4/2020 The Trade Deficit in Goods and Services Came in at $63.1 billion in October
12/3/2020 ISM Non-Manufacturing Index Declined to 55.9 in November
12/1/2020 The ISM Manufacturing Index Declined to 57.5 in November
11/25/2020 Real GDP Unrevised at a 33.1% Annual Growth Rate in Q3
11/25/2020 New Single-Family Home Sales Declined 0.3% in October
11/25/2020 New Orders for Durable Goods Increased 1.3% in October
11/19/2020 Existing Home Sales Increased 4.3% in October
11/18/2020 Housing starts increased 4.9% in October
11/17/2020 Retail Sales Rose 0.3% in October
11/17/2020 Industrial Production Increased 1.1% in October
11/13/2020 The Producer Price Index Rose 0.3% in October
11/12/2020 The Consumer Price Index was Unchanged in October
11/6/2020 Nonfarm Payrolls Rose 638,000 in October
11/5/2020 Nonfarm Productivity Increased at a 4.9% Annual Rate in the Third Quarter
11/4/2020 Trade Deficit in Goods and Services Came in at $63.9 Billion in September
11/4/2020 ISM Non-Manufacturing Index Declined to 56.6 in October
11/2/2020 ISM Manufacturing Index Rose to 59.3 in October
10/30/2020 Personal Income Rose 0.9% in September
10/29/2020 First Estimate for Q3 Real GDP Growth is 33.1% at an Annual Rate
10/27/2020 New Orders for Durable Goods Increased 1.9% in September
10/26/2020 New Single-Family Home Sales Declined 3.5% in September
10/22/2020 Existing Home Sales Increased 9.4% in September
10/20/2020 Housing Starts Increased 1.9% in September
10/16/2020 Retail Sales Rose 1.9% in September
10/16/2020 Industrial Production Declined 0.6% in September
10/14/2020 The Producer Price Index Rose 0.4% in September
10/13/2020 The Consumer Price Index Rose 0.2% in September
10/6/2020 Trade Deficit in Goods and Services Came in at $67.1 Billion in August
10/5/2020 ISM Non-Manufacturing Index Rose to 57.8 in September
10/2/2020 Nonfarm Payrolls Rose 661,000 in September
10/1/2020 Personal income declined 2.7% in August
10/1/2020 The ISM Manufacturing Index Declined to 55.4 in September