• Weekly Economic Update – April 24, 2017

    Posted on April 24, 2017

    EXISTING HOME SALES HIT A 10-YEAR PEAK Rising 4.4% for March, resales surpassed expectations – analysts polled by Reuters projected a gain of 2.5%. The National Association of Realtors said that sales were 5.9% improved from a year before, and that put them at their best level since February 2007, even with existing home inventory 6.6% slimmer than in March

  • TrueWealth’s 1st Quarter 2017 Market Commentary

    Posted on April 19, 2017

    Markets Amid a backdrop of domestic and international political turmoil, the markets notched some nice returns for the quarter. Virtually all asset classes posted positive returns, U.S. REITS and Global Bonds, being the exceptions. Value and Small Cap are areas of the market we overweight because of the evidence of higher average returns historically. But they are not evident all the

  • Weekly Economic Update – April 17, 2017

    Posted on April 17, 2017

    PRICES DECLINE IN MARCH In March, the Consumer Price Index retreated for the first time in 13 months. Its 0.3% dip left annualized consumer inflation at a moderate 2.4%. Fuels, autos, and groceries have all become less expensive recently, according to Bureau of Labor Statistics data. Core consumer prices were up 2.0% in the year ending in March. The Producer

  • TrueWealth’s Q1 2017 Quarterly Market Review

    Posted on April 12, 2017

    This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. This report also illustrates the performance of globally diversified portfolios and features a topic of the quarter. Full Report: TrueWealth Quarterly Market Review

  • Weekly Economic Update – April 10, 2017

    Posted on April 10, 2017

    COMPANIES ADDED FEWER WORKERS IN MARCH Just 98,000 net new jobs were created last month, and some analysts think Winter Storm Stella may have held hiring back. Even so, the Department of Labor’s latest employment report showed the U-3 jobless rate decreasing 0.2% to 4.5%; the broader U-6 rate fell 0.3% to 8.9%. The big factor in both declines: 326,000

  • Different Year, Same IRS Dirty Dozen

    Posted on April 5, 2017

    The IRS compiles annually a list of its “Dirty Dozen,” the twelve most notorious scams that we typically encounter as taxpayers during peak tax season. 2017 IRS Dirty Dozen Phishing: A common scam that involves unsolicited calls, texts, emails and/or websites that pose as legitimate sites, such as banks, and lure you to provide personal and financial information. Read more

  • Weekly Economic Update – April 03, 2017

    Posted on April 3, 2017

    PERSONAL SPENDING SLOWS Consumers apparently chose saving over spending in the second month of the year. Last week, a Department of Commerce report noted only a 0.1% gain for personal spending in February. That happened even with personal incomes rising 0.4%, nearly matching the 0.5% January advance. In other news concerning personal spending, the Bureau of Economic Analysis raised its

  • Understanding the Fiduciary Standard 

    Posted on March 29, 2017

    Which designations identify a financial professional as a fiduciary?  The fiduciary standard of care requires that an advisor act solely in the client’s best interest when offering personalized financial advice. As an independent, fee-only Registered Investment Advisor (RIA), TrueWealth has a fiduciary responsibility to act in our clients’ best interests at all times. We do not accept any fees or

  • Weekly Economic Update – March 27, 2017

    Posted on March 27, 2017

    NEW HOME SALES GO ONE WAY, RESALES ANOTHER Rising 6.1% in February, new home sales reached a 7-month peak. The Census Bureau said that this gain occurred with just 5.4 months of inventory on the market, less than half that available in 2006 during the height of the last residential real estate boom. In contrast, the National Association of Realtors

  • Weekly Economic Update – March 20, 2017

    Posted on March 20, 2017

    FED HIKES, LEAVES 2017 FORECAST UNCHANGED As expected, the Federal Reserve raised the target range for the federal funds rate by a quarter-point last week to 0.75-1.00%. “The simple message is, the economy is doing well,” Fed chair Janet Yellen explained to the media following the move. The central bank’s dot-plot table still projects two more rate increases during the