Welcome

Experienced Wealth Management Professional
Working with Clients to Help Them Personalize, Plan, and Manage Their:
*Investment Objectives
*Retirement Plans
*Legacy Goals
Macro: The U.S. Economy
FED 1st Quarter 2021 GDP Growth Estimate: +8.3%
BEA 4th Quarter 2020 GDP Growth Estimate: +4.3%
* FED GDPNow model estimate of Q1 2021 real GDP growth annualized as of 04/16/21.
** BEA 3rd estimate of Q4 2020 real GDP growth annualized as of 03/25/21.
Tax Day for Individuals Extended to May 17
IRS extends filing and payment date for 2020 taxes until May 17, 2021, from April 15, 20210
For those that might receive checks, spend it because its value would be decreasing as you read this: #FED #M2 #CPI #PPI
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:
4/16/2021 Housing Starts Increased 19.4% in March
4/15/2021 Industrial Production Increased 1.4% in March
4/15/2021 Retail Sales Rose 9.8% in March
4/13/2021 The Consumer Price Index (CPI) Increased 0.6% in March
4/9/2021 The Producer Price Index (PPI) Rose 1.0% in March
4/7/2021 The Trade Deficit in Goods and Services Came in at $71.1 Billion in February
4/5/2021 The ISM Non-Manufacturing Index Rose to 63.7 in March
4/1/2021 The ISM Manufacturing Index Rose to 64.7 in March
3/26/2021 Personal Income Declined 7.1% in February
3/25/2021 Real GDP Growth in Q4 was Revised to a 4.3% Annual Rate
3/24/2021 New Orders for Durable Goods Declined 1.1% in February
3/23/2021 New Single-Family Home Sales Declined 18.2% in February
3/22/2021 Existing Home Sales Declined 6.6% in February
3/17/2021 Housing Starts Declined 10.3% in February
3/16/2021 Industrial Production Declined 2.2% in February
3/16/2021 Retail Sales Declined 3.0% in February
3/12/2021 The Producer Price Index (PPI) Rose 0.5% in February
3/10/2021 The Consumer Price Index (CPI) Rose 0.4% in February
3/5/2021 Nonfarm Payrolls Increased 379,000 in February
3/5/2021 The Trade Deficit in Goods and Services Came in at $68.2 billion in January
3/3/2021 The ISM Non-Manufacturing Index Declined to 55.3 in February
3/1/2021 The ISM Manufacturing Index Rose to 60.8 in February
2/26/2021 Personal Income Surged 10.0% in January
2/25/2021 Real GDP Growth in Q4 was Revised Up to a 4.1% Annual Rate
2/25/2021 New Orders for Durable Goods Increased 3.4% in January
2/24/2021 New Single-Family Home Sales Increased 4.3% in January
2/19/2021 Existing Home Sales Increased 0.6% in January
2/18/2021 Housing Starts Declined 6.0% in January
2/17/2021 Industrial Production Increased 0.9% in January
2/17/2021 Retail Sales Rose 5.3% in January
2/17/2021 The Producer Price Index (PPI) Rose 1.3% in January
2/10/2021 The Consumer Price Index (CPI) Rose 0.3% in January
2/5/2021 Trade Deficit in Goods and Services Came in at $66.6 Billion in December
2/5/2021 Nonfarm Payrolls Increased 49,000 in January
2/4/2021 Nonfarm Productivity Declined at a 4.8% Annual Rate in the Fourth Quarter
2/3/2021 The ISM Non-Manufacturing Index Rose to 58.7 in January
2/1/2021 Construction Spending Increased 1.0% in December; 4.7% Annual Increase
1/28/2021 Real GDP Grew at a 4.0% Annual Rate in Q4 2020
1/28/2021 New Single-Family Home Sales Increased 1.6% in December
1/27/2021 New Orders for Durable Goods Increased 0.2% in December
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