• Release of Oil Reserves Hasn’t Reduced Gas Prices Much If Any

    The administration announced in November that it had authorized the release of 50 million barrels of oil from the strategic petroleum reserve (SPR) in order to help alleviate rising gasoline prices across the ...

    Published On: December 9, 2021Categories: Consumer Behavior, Economy

  • IRS Introduces New Tax Brackets & Standard Deductions For 2022

    Heading into the new year, the recent higher than expected inflation numbers will also be affecting tax rates for everyone. The IRS has adjusted 2022 tax brackets to reflect the most recent inflation ...

    Published On: December 9, 2021Categories: Taxes

  • How Inflation Might Ease

    The pandemic pulled forward or accelerated an enormous amount of consumer spending that was pent up for months during lock downs and closures. As a result, demand for automobiles, homes, furniture, and appliances ...

    Published On: December 8, 2021Categories: Consumer Behavior

  • Rates In Flux As Omicron Creates Uncertainty

    The renomination of Fed Chair Jerome Powell for another four years is not expected to result in any changes to monetary policy objectives. With the emergence of the new Covid variant, the Fed ...

    Published On: December 8, 2021Categories: Economy

  • Domestic Equities Diverge From International Equities

    Global equity markets pulled back at month end as heightened virus fears drove uncertainty. Energy sector stocks saw a reversal from ongoing appreciation throughout the year, yet still stand as the top performing ...

    Published On: December 8, 2021Categories: Economy, Industry

  • Year-End Tax Planning For Cryptocurrency Transactions

    As millions of investors dabbled in cryptocurrency this past year, the IRS has heightened its surveillance of transactions in order to tax gains. The pending infrastructure bill in Washington, Build Back Better, contains ...

    Published On: December 7, 2021Categories: Taxes

  • Macro Economic Overview – December 2021

    The onset of the most recent Covid variant, known as Omicron, stands to stall a global economic resurgence which has been gradual and fragile. The World Health Organization (WHO) reported that the new ...

    Published On: December 7, 2021Categories: Economy

  • Market Indexes / December 2021

    (all values as of 11.30.2021) Stock Indexes: Dow Jones 34,483 S&P 500 4,567 Nasdaq 15,537 Bond Sector Yields: 2 Yr Treasury 0.52% 10 Yr Treasury 1.43% 10 Yr Municipal 1.07% High Yield 4.82% ...

    Published On: December 7, 2021Categories: Market Index Returns

  • Wage Inflation Is Here

    With over 10 million open positions nationwide, companies are being forced to raise wages and pay incentives in order to attract qualified workers. Salaries and hourly wages in nearly every industry nationwide have ...

    Published On: November 12, 2021Categories: Economy

  • Social Security Benefits Going Up in 2022

    Social Security recipients are due to receive the largest increase in benefits since 1982, but for many recipients, the increase in payments will go towards higher Medicare costs. The Social Security Administration announced ...

    Published On: November 12, 2021Categories: Financial Planning