The Week Ahead: May 17 , 2021: Market Update, In The News, COVID-19 update, all this and more in The Week Ahead!
Article By Carson
CURRENT STATE OF THE MARKET (NEW)
Weekly Market Commentary 05.17.21
A Muddled Economic Picture, Volatile Markets and Rising Inflation
Published by The Carson Group, LLC
The U.S. economic picture is looking more muddled than expected. The Consumer Price Index rose 0.8% last week. Used automobile prices rose quickly in response to the semiconductor shortage limiting new car production and demographic trends boosting demand. Retail sales were expected to build on last month’s stimulus-led surge but instead were flat. Industrial production remained a bright spot, adding 0.7% last month as manufacturing demand remained strong….Read More
GOLDMAN SACHS MARKET UPDATE (NEW)
Goldman Sachs Asset Management Resource Provided by Taylor Financial Group, LLC
Although COVID-19 may mean that this year’s delayed Olympic Games in Tokyo will be like none that has gone before, one constant will be the Olympic motto: Faster, Higher, Stronger. It is a motto that is also opposite for current market conditions…Read More
DIAL INTO OUR VIRTUAL OFFICE HOURS
FOR CLIENTS, PROSPECTS, FRIENDS & FAMILY (NEW)
Every Monday from 4:15pm – 5:00pm EST
Monday, May 24th
This is 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!
RESERVE YOUR DIGITAL FRONT ROW SEAT WITH HAMILTON STAR, LESLIE ODOM, JR.! (NEW)
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.
TEE OFF WITH TAYLOR FINANCIAL GROUP (NEW)
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, June 2nd
Wednesday, June 16th
Wednesday, June 30th
12 pm-5 pm (estimated times and depending on the “19th 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!
MAY IS CREDIT AND CYBERSECURITY MONTH! (NEW)
How to Pick the Perfect Credit Card
Kiplinger Article provided by Taylor Financial Group, LLC
Since they were first introduced in the 1950s, credit cards have grown to become a key part of the financial lives of millions of Americans – according to the Consumer Financial
Protection Bureau, 66% of the 255 million adults in the United States had at least one credit card account in their name by the end of 2018….Read More
All The Ways Facebook Tracks You and How To Stop It
Forbes Article Provided by Taylor Financial Group, LLC
Is Facebook listening to everything you say via your smartphone microphone? It’s an age-old question, but you may still be curious as to whether the social network can hear your conversations.
It has happened to all of us at some point, and it sure is uncanny when you are talking about something and then open your Facebook app to find that exact item staring back at you….Read More
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™ 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, …