The Week Ahead: August 2: Market Update, Mid-Year Checkup, College Funding Month, COVID-19 update, all this and more in The Week Ahead!
by Carson
Share Post:
CURRENT STATE OF THE MARKET
Weekly Market Commentary 08.2.2021
Market Commentary: Supply Chain Issues Negatively Affected GDP and Housing in Q2, June
Published by The Carson Group, LLC
Supply chain issues continued to constrain economic growth and housing. U.S. GDP grew 6.5% in the second quarter, falling 2.0% short of expectations. Strong consumer demand created a surge in purchases. Production didn’t match demand, and the corresponding drop in inventories robbed more than 1% of GDP growth. Housing demand slowed as well last month. Shortages of appliances along with higher interest rates and prices are pressuring demand for housing…Read More
MARKET MINUTE WITH DEBRA TAYLOR: THE CHILD CARE TAX CREDIT AND WHAT IT MEANS TO YOUR FAMILY
On Monday, July 26th Debra Taylor spoke about the child care tax care credit update and what you need to know..Watch Now
AUGUST IS COLLEGE FUNDING MONTH
FAFSA: Do it Soon, Do it Right
Article Provided by Taylor Financial Group
The FAFSA, which stands for the Free Application For Federal Student Aid, is the government application that millions and millions of parents fill out every year in order to qualify for federal and state college aid. The FAFSA gives families access to aid like federal parent and student loans and the Pell Grant, which is the major grant for middle- to lower-income families. There are also some minor grants from the federal government, for instance, for students who want to be a teacher in certain high-need subjects, or if a parent was killed in the Middle East conflict….Read More
6 Factors That Predict a Student’s College Success
Article Provided by Taylor Financial Group, LLC
With some schools now costing more than $300,000 for a single bachelor’s degree, it’s incredibly easy to overspend and think such an expenditure is absolutely essential. And this just isn’t true, even for the most highly ranked schools such as the Ivy League institutions and such vaunted institutions as Massachusetts Institute of Technology, Stanford University, and Duke University, which is now just a few hundred dollars shy of $80,000 for one year!…Read More
COVID-19 HEALTH AND WELLNESS
Vaccinated and Confused? Answers About Masks, the Delta Variant and Breakthrough Infections
The New York Times Article Provided by Taylor Financial Group
Vaccines protect against the variants, but conflicting advice from health authorities about masks has bewildered a worried public.
The World Health Organization wants everybody to wear masks, but the U.S. Centers for Disease Control and Prevention says vaccinated people often don’t need to wear them. So who do we listen to? Virus experts and epidemiologists also offer mixed advice, but largely agree on one point: Whether a fully vaccinated person needs to wear a mask really depends on the circumstances and what’s happening in your community…Read More
See How the Vaccine Rollout Is Going in Your County and State
The Centers for Disease Control and Prevention said on Friday, July 30th that about 190.5 million people have received at least one dose of a Covid-19 vaccine, including about 162.4 million people who have been fully vaccinated by Johnson & Johnson’s single-dose vaccine or the two-dose series made by Pfizer-BioNTech and Moderna.
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, For investors, it may feel like déjà vu all over again as inflation and the Fed dominate market headlines on a day-to-day basis. After all, the numerous market swings last year were driven by ever-changing expectations around the Fed – …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, If history tells us anything about investing, it’s that markets never rise in a straight line. As much as all investors would prefer calm periods of steady returns, this simply isn’t how markets work. Instead, investors need to n …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, The first month of 2023 is now behind us and it felt very different than 2022. In 2022, the S&P 500 and the Bloomberg U.S. Aggregate Bond Index (“Agg”) both fell, and there was much talk of the demise of the “60/40” portfolio (a portfoli …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, We often discuss how women’s wealth is growing fast and that we are seeing more and more women in our practice with “a seat at the table.” But, the facts are coming in to support these anecdotal observations. Indeed, according to a r …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, Now that we are able to close the books on 2022, January is a great time to review major processes and to create a plan for the new year. No question that 2022 was a challenging one for all of us. So here are the “Five must …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, Whether you reached your personal goals last year or faced challenges, a New Year brings new opportunities and a fresh start. The Setting Every Community Up for Retirement Enhancement Act of 2019, popularly known as the SECURE Act, was sig …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, SECURE Act 2.0, passed at the end of December, has been described as legislation that is designed to help the hard-working people of America to get their retirement savings back on track. Although it is unclear whether SECURE Act 2.0 will me …
By Debra Taylor, CPA/PFS, JD, CDFA™ Let’s take a brief backward glance at the S&P 500. The S&P 500’s performance in 2022 was its seventh worst since inception and the third worst since 2000. Looking forward, episodic volatlity, muted earnings growth, and a high cost of capital …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, As bad as 2022 has been, there is a silver lining: back-to-back declines in the S&P 500 are rarer than you may think. If you go all the way back to 1950, the only times that stocks fell in back-to-back years were during the vicio …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, Although we would like to forget, the S&P 500 and Index posted a double-digit decline in 2022; and history shows that is an important fact when considering how the Index may do in 2023. First, the S&P Index has only been down …