The three horsemen of the retirement apocalypse. Dramatic, yes. Accurate, yes. Scary, maybe. I consider the most significant risks to a healthy and well-planned retirement: Low-Interest Rates Inflation Healthcare Costs The 2nd quarter of 2021 was marked with expansive growth in both GDP and, more importantly, inflation. As communicated in the Quarterly Economic Update, “According Read the full article…
investment
KROST Wealth Management Monthly Economic Update: July 2021
In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.Presented by Philip Clark, CFP®, CPWA®, July 2021 U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but Read the full article…
KROST Wealth Management Monthly Economic Update: June 2021
In this month’s recap: Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure.Presented by Philip Clark, CFP®, CPWA®, June 2021 U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Read the full article…
KROST Wealth Management Monthly Economic Update: May 2021
In this month’s recap: Stocks notched a solid gain, fueled by a succession of positive economic reports and a strong start to the first-quarter earnings season. Presented by Philip Clark, CFP®, CPWA®, May 2021 U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally Read the full article…
Quarterly Client Letter – Q1 2021
Many times, I sit down and write these letters with a clear understanding of what items I want to cover because they are newsworthy or something remarkable has happened. This is not one of those times. Compared to last year at this time, this letter would be about as boring as they get. No massive Read the full article…
KROST Wealth Management Monthly Economic Update: April 2021
In this month’s recap: Stocks posted solid gains due to improving economic conditions and widening vaccination programs. However, tech and high-growth stocks played a limited role in the rally. Presented by Philip Clark, CFP®, CPWA®, April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields Read the full article…
KROST Wealth Monthly Economic Update: March 2021
In this month’s recap: The burgeoning economic recovery and decreasing number of COVID-19 infections lifted stocks. Presented by Philip Clark, CFP®, CPWA®, March 2021 U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 Read the full article…
KROST Wealth Monthly Economic Update: February 2021
In this month’s recap: As the month came to a close, stocks were mixed as attention shifted to unprecedented activity around a handful of companies with short-interest positions. Presented by Philip Clark, CFP®, CPWA®, February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, Read the full article…
Quarterly Client Letter – Q4 2020
COVID-19 vaccine prospects should make 2021 a year of Global Economic Recovery. As I sit here in my home office in early January, thinking about topics to add to this 2020 review and quarterly letter, my monitor is a constant reminder of how our world has changed, as I would normally be writing this letter Read the full article…
KROST Wealth Monthly Economic Update: January 2021
In this month’s recap: Stocks closed the year with a solid rally, fueled by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. Presented by Philip Clark, CFP®, January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of Read the full article…