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The Tariffs Are a Big Deal and Risks Are Very High

Tariffs are here and in a big, big way, much bigger than anyone expected. And the levels shared by President Trump aren’t really reciprocal tariffs. The calculation of new tariff rates is based on the trade deficit the US has with each country and has nothing to do with actual tariffs other …

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Market Commentary: Retail Sales Jump as States Loosen Restrictions

Retail sales and food services jumped 17.7% in May, beating estimates of 8% growth. The strong rebound follows sharp declines the previous month created by social distancing. Even with the increase, sales are still 6.1% below where they were one year ago.

Is Your Business Worth as Much as You Think?

As a successful business owner, you know that your business has value. It likely supports you and your family’s lifestyle. It provides a paycheck and perhaps benefits to the people you employ. The products or services you provide are meaningful to your clients. But if someone asked you how …

Market Commentary: Fed Committed to Near-Zero Rates, S&P Dips

The S&P 500 dropped 4.7% last week on concerns the uptick in new coronavirus cases would persist and slow the economic rally. The surprising job growth reported two weeks ago suggested the economy was rallying more quickly than expected and boosted investor optimism. But the recent upti …

10 Ways to Prepare for Retirement

Are you prepared for retirement? Planning and preparing for your next chapter well in advance is the best way to be ready – financial security doesn’t just happen without careful thought. When you plan ahead, you: Have the luxury of deciding when and how you will retire Know more about your …

Market Commentary: Record Month of New Jobs, S&P 500 Continues Rise

The jobs market rallied back far sooner and stronger than expected. The U.S. economy created 2.5 million new jobs in May. Economists had projected a loss of 7 million jobs, so the surprise was massive. The gains are mainly attributable to workers who were temporarily laid off being called b …

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