Market Commentary: More New Highs and a Jobs Surprise
What a first half it was, as the S&P 500 was down close to 20% at the April lows and incredibly have come back to new highs already, one of the fastest recoveries ever.
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Market Commentary: Restaurants, Hotels Lead Jump in Hiring; Stock Market Continues Surge
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.
3 Succession Planning Strategies for Business Owners Who Want to Protect Their Legacy
If you’re a business owner, you have far more than money invested in your work. You may be the first to open the door in the morning and walk in on a floor that you’ve mopped yourself.
Leveraging the Right Life Insurance for Your Situation
Watch this webinar hosted by Carson’s Managing Partner of Wealth Solutions, Jamie Hopkins, and Vice President of Insurance, Matt Lewis, to learn more about leveraging the right life insurance for your situation.
Market Commentary: Home sales dip, wages rise as June jobs report looms
The challenge of higher prices is starting to weigh on home sales. New and existing home sales both dipped last month while the median price of existing homes sold topped $350,000 for the first time. Vacation home sales jumped 57.2% over the last year.
Market Commentary: Higher-Than-Expected Inflation Rates Cause Consumer Spending to Slow; Fed Adjusts Forecasts For Future Hikes
The Federal Reserve raised its inflation forecast 1.0% for this year to 3.4% and indicated inflation will stay near its target of 2.0% in coming years. Based on a more rapid recovery and higher-than-expected inflation in recent months, Fed officials estimate the Fed will raise interest rate …
How Financial Scams Work, and How to Keep Yourself Safe No Matter Your Level of Wealth
Editor’s Note: This article was updated in June 2021. In the late 1920s, an enterprising Bostonian started selling subdivisions in the sunny ‘burbs of Florida. Promising orange trees in the backyard and rolling waves out the front door, he sold plots – sometimes 23 an acre! – near bustling …
