The Week Ahead: June 14, 2021: Market Update, Family & Summer Savings Month, COVID-19 update, all this and more in The Week Ahead!
Article By Carson
CURRENT STATE OF THE MARKET
Weekly Market Commentary 06.14.2021
One-year Inflation Rate Accelerates and Job Openings Hit All-Time High
Published by The Carson Group, LLC
U.S. consumer prices continued to go up faster than normal. The Consumer Price Index (CPI) jumped 0.6% last month and has now increased 5.0% over last year (Figure 1). Used car and truck prices rose 7.3% last month and are 29.7% higher over the last year. New car prices increased 1.6%, and airline fares surged 7.0%…Read More
BIDEN TAX CHANGES
Let Taylor Financial Group Help you Prepare for Potential Tax Changes Ahead
Taylor Financial Group Announcement
With the SECURE Act signed into law at the end of 2019 and the Tax Cut and Jobs Act (TCJA) due to sunset in 2025, we have emphasized the importance of estate planning and acting now as we are likely in the lowest tax environment we will ever see (estate tax included). However, with a new administration, there are major tax changes being proposed that have the potential to affect high-income earners ($400,000+) and those with highly appreciated assets… Read More
SHORTAGES AND BOTTLENECKS EXPOSE WEAK LINKS IN U.S SUPPLY CHAINS
Shortages and Bottlenecks Expose Weak Links in T.S Supply Chains
Resource Provided by Taylor Financial Group
U.S. consumers won’t soon forget the troubling shortages of personal protective equipment during the early days of the pandemic, or when the first stay-at-home orders spurred panic buying and stress-inducing shortages of toilet paper, cleaning products, and food… Read More
JUNE IS FAMILY & SUMMER SAVINGS & YOUNG INVESTORS MONTH
What Issues Should I Consider When Buying a Home?
Checklist Provided by Taylor Financial Group, LLC
Buying a home is one of the biggest financial moves that your clients will ever make. There are a number of issues they should be aware of, including how the costs of purchasing and owning a home will impact your overall financial planning goals…Read More
20 Secrets No One Tells You About Becoming a Grandparent
Bestlife Article Provided by Taylor Financial Group, LLC
When you think of being a grandparent, you probably imagine hugs, cuddles, and kisses 24/7. And while all of these things are certainly part of what it’s like when your children have children, it’s not all fun and games. The restraint you have to exhibit and the reflection you end up doing on your own parenting—well, that’s harder to brace yourself for when becoming a grandparent…Read More
THIS THURSDAY: RESERVE YOUR VIRTUAL FRONT ROW SEAT WITH HAMILTON STAR, LESLIE ODOM, JR.!
In The Room with Hamilton Star, Leslie Odom, Jr.
Thursday, June 17th at 2:00 PM EST
Join us for an exclusive conversation and performance with Grammy and Tony Award-winning Hamilton star, Oscar-nominated actor, and author Leslie Odom, Jr.
On Thursday, June 17, you and your family are invited to join us for an invitation-only conversation and performance with a legend in the making: Leslie Odom, Jr.
Get your digital front-row seat as Leslie shares his journey to success in word and music. His journey was never inevitable, including many setbacks he writes about in his bestselling book Failing Up: How to Take Risks, Aim Higher, and Never Stop Learning.
If you saw Hamilton, the story of American Founding Father Alexander Hamilton, you know that this Grammy and Tony-winner, who played Aaron Burr, can shine on stage. Leslie is shining on the big screen now, with two Academy Award nominations for his role as the legendary Sam Cooke—one of the most influential soul artists of all time—in the movie, One Night in Miami.
Beyond his amazing talent, Leslie is a tremendous example of a person who has leaned on the advice and trust of others in order to break through and realize his potential. This event promises to be an unforgettable experience.
Second Quarter of 2021 Review and a Look at the Year Ahead!
**Due to the holiday we are moving from the first to the second Thursday of the month**
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
3 Methods to Not Run Out of Money
What's the #1 fear in retirement? Running out of money. Get our step-by-step guide to help ensure your assets last a lifetime.
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 …