The Week Ahead: July 6, 2021: Market Update, Investment and Portfolio Month, COVID-19 update, all this and more in The Week Ahead!
Article By Carson
MIDYEAR MARKET OUTLOOK
2021 Midyear Outlook
Cetera Investment Article Provided by Taylor Financial Group
With the economic recovery in full gear, inflation risks are rising. In our second-quarter Outlook, we considered the prospects of higher price levels and now we are seeing this firsthand. Inflation measures are heating up and the question is whether these price pressures will be temporary or more sustained. The U.S. Federal Reserve (the Fed) insists that it expects the effect will be temporary, and it may be. They don’t want to slow the recovery prematurely by overreacting to inflation that is temporary and could just be taking a wait-and-see approach…Read More
CURRENT STATE OF THE MARKET
Weekly Market Commentary 07.06.2021
Market Commentary: Restaurants, Hotels Lead Jump in Hiring; Stock Market Continues Surge
Published by The Carson Group, LLC
U.S. payrolls jumped 850,000 in June after two months of mediocre hiring (Figure 1). With these gains, the private sector has now reinstated 73% of the jobs lost during the pandemic. Restaurants and hotels led the hiring, as the leisure and hospitality industry added 343,000 new positions….Read More
UPCOMING WEBINAR THIS THURSDAY JULY 8TH AT 4:15 PM EST (NEW)
Second Quarter of 2021 Review and a Look at the Year Ahead!
Join us Thursday, July 8th at 4:15 pm EST!
Debra Taylor, Lead Wealth Advisor, will speak about the major themes in the financial markets from Q2 and how to help improve your wealth and investments in 2021 and beyond.
Here’s what Debbie will address:
2nd Quarter Review, current market trends and where they could take us in the coming months
Major tax changes under the Biden Administration and how they may impact your future planning
Investments to consider for 2021
Ways to help improve your wealth in 2021 and beyond
JULY IS INVESTING AND PORTFOLIO MONTH
Is a Cash Windfall in Your Future?
Resource provided by Taylor Financial Group, LLC
Never is financial advice more urgently needed than when you come into a large amount of cash. Complacency is no longer an option when you look at a check with several commas and realize that depositing it into an existing checking or savings account must be a temporary measure only…. Read More
Valuing Portfolios on an After Tax Basis
Resource provided by Taylor Financial Group, LLC
Estimating taxes is so difficult that we usually just work with the pretax value of investments in constructing portfolios or building retirement plans. But it’s a disservice to clients not to consider the tax bill when setting the allocation. The question becomes how?…Read More
DIAL INTO OUR VIRTUAL OFFICE HOURS
FOR CLIENTS, PROSPECTS, FRIENDS & FAMILY
Every Monday from 4:15pm – 5:00pm EST
Office hours will return again Monday, July 12th!
Our “Office Hours” are exclusive to clients, prospects, friends, and family who would like 1-on-1 access to Debra Taylor and her opinions on the current state of the markets and how that might impact you and your family!
Debra will begin each session by discussing the markets briefly and then open up the floor to questions from the audience. We hope for this to become a place for people to connect each week and discuss important financial topics on their minds!
Questions can be asked LIVE during office hours or sent to AnnMarie in advance!
TEE OFF WITH TAYLOR FINANCIAL GROUP
You are invited to “Tee Off” with Rob Taylor, Senior Wealth Advisor of TFG, at the Ramsey Golf & Country Club!
Each tee time is limited to 3 spots, so please let us know your availability soon so we can secure your spot!
Wednesday, July 28th
5:00 pm – 8:00 pm (estimated times and depending on the 10th hole)
Each Golf Outing offered is assigned on a first-come-first-serve basis so RSVP ASAP!
E-mail AnnMarie at [email protected] to reserve your Wednesday Tee Time with Rob Taylor!
DON’T KNOW HOW TO PLAY GOLF? NO PROBLEM! NOW OFFERING GOLF CLINIC DAYS (NEW)
Each Golf Clinic is assigned on a first-come-first-serve basis so RSVP ASAP! And don’t forget Happy Hour (Or some extra holes after the clinic – up to you!)
Wednesday, July 7th, 9:15 – 10:15 am (Driving Range) (1 spot left)
Wednesday, July 21st, 5:00 – 6:00 pm (Pitching)
Wednesday, August 4th, 8:45 – 9:45 am (Driving Range)
Wednesday, August 11th, 5:00 – 6:00 pm (Putting)
E-mail AnnMarie at [email protected] to reserve your Wednesday Clinic Tee Time with Rob or Debbie Taylor!
COVID-19 HEALTH AND WELLNESS
Why so many Covid-19 variants are showing up now
Vox Video provided by Taylor Financial Group
Like any virus, SARS-CoV-2 has been mutating constantly since the beginning of the pandemic. Until November 2020, though, that didn’t seem to matter. That’s when scientists in the United Kingdom noticed an alarming change: The virus had mutated in a way that made it more transmissible. Within a month, similar reports were emerging from places around the world. Suddenly, it seemed the virus was changing at an alarming rate…Watch Now
Determine how your retirement account compares to what you may need in retirement.
By Debra Taylor, CPA/PFS, JD, CDFA™ Investors cheered as the The S&P 500 was up >12.5% the past month. Previous big months have usually lead to better than average returns. Yes, during the tech bubble burst this didn’t work, but most other times the past 60 years have been rat …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, A historically weak quarter, six months, and year for both stocks & bonds, is now behind us. With stocks and bonds both showing weakness, even a well balanced portfolio didn’t stand a chance for positive returns. As most of …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, There is a lot of pessimism in the markets right now. We know the list of concerns is long and includes an aggressive Federal Reserve agenda with a not-so-soft approach to a soft landing. Stagflation, ongoing China lockdowns, disrupted suppl …
By Debra Taylor, CPA/PFS, JD, CDFA™ ear Friends, Summer is finally here, but 2022 is still shaping up to be one of the worst years for investors ever. That’s the bad news. The good news is, the year isn’t over and we have several reasons why we believe the bulls shouldn’t throw in th …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, The S&P 500 is in a bear market, after closing on Monday, June 13th, with a greater than 20% decline from its recent peak. A look back at past bear markets shows that there is good news and bad news once the large-cap index has cr …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, Stocks rallied hard the week of May 31st, as the S&P 500 Index broke a seven-week losing streak in resounding fashion. That strong week was followed by last week’s losses, creating a see-saw effect that has everyone wonderin …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, After a late-month rally, we can say goodbye to the month of May, which now opens the door to June. Here’s the bad news, June is historically a weak month and it is actually the worst month of the year during a midterm year, down 1.8% …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, It has been a historically bad year so far for stocks. However, the S&P 500 Index rose 6% last week, a welcome relief to all. With lots of “market chatter,” we wanted to discuss Six Things to know regarding bear market …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, When the markets correct, it can be confusing and even frustrating. There are, however, opportunities in every market, if you move boldly and with thought. With that being said, below we review the Nine Key Opportunities that could be …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, With the S&P 500 Index in correction territory (down more than 10% from the previous peak) investor anxiety levels are understandably elevated. The market faces a number of threats, including inflation, a hawkish Federal Reserve, …