Blog

  • 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

    0
  • Weekly Economic Update – March 13, 2017

    Posted on March 13, 2017

    COMPANIES HIRED READILY IN FEBRUARY U.S. firms added 235,000 net new jobs last month, and the latest Department of Labor employment report showed the largest growth occurring in the construction and education/health care sectors. The DoL also revised January’s job gains upward by 11,000 to 238,000. Payroll expansion has averaged 209,000 per month since December. The headline (U-3) jobless rate

    0
  • Weekly Economic Update – March 6, 2017

    Posted on March 6, 2017

    YELLEN: RATE MOVE MAY HAPPEN THIS MONTH In Chicago Friday, Federal Reserve chair Janet Yellen said that if hiring and inflation indicators continue to meet the central bank’s expectations, an interest rate hike “would likely be appropriate” at its March policy meeting. She also noted that, barring unforeseen events, the pace of tightening in the near term “likely will not

    0
  • Weekly Economic Update – February 27, 2017

    Posted on March 2, 2017

    A LITTLE LESS OPTIMISM AMONG CONSUMERS February’s final University of Michigan consumer sentiment index came in at 96.3, down from its January mark of 98.5, but well above the 91.7 reading of a year earlier. Despite the descent, the index just had its best three months since early 2004.1 FED MINUTES SUGGEST RATE MOVE MAY BE NEAR At the last

    0
  • Weekly Economic Update – February 20, 2017

    Posted on February 20, 2017

    RETAIL SALES ROSE 0.4% in JANUARY Consumer spending on household electronics and appliances powered this gain. Analysts polled by Reuters had expected a 0.1% advance. Core retail purchases also rose 0.4% last month. The Department of Commerce revised the December increase for retail sales upward to 1.0%. Across the 12 months ending in January, retail sales advanced 5.6%.1 INFLATION PRESSURE

    0
  • Weekly Economic Update – February 13, 2017

    Posted on February 13, 2017

    CONSUMER SENTIMENT SLIPS A BIT The University of Michigan’s preliminary February index of consumer sentiment came in at a reading of 95.7 Friday, compared with a final January mark of 98.5 (which was a 13-year peak). Economists polled by Bloomberg had expected a slight decline to 98.0. While this was the index’s lowest level in three months, it still topped

    0
  • TrueWealth Named a 2017 Top 10 Financial Advisor in Atlanta by AdvisoryHQ

    Posted on February 13, 2017

    ATLANTA (February 13, 2017) – TrueWealth, LLC, a leading provider of wealth management services, has been recognized for a second year in a row by AdvisoryHQ as one of the top 10 financial advisors in Atlanta. The list is the result of independent research, review and ranking of financial firms using a complex rubric of methodologies including transparency, performance, team excellence

    0
  • Show Me the Money

    Posted on February 9, 2017

    2017 Travel Tips – Part 2 By Roger Ward, CPA/PFS, CFP® In my last blog post, Travel Tips for the 2017 Travel Season, I covered the importance of an up-to-date passport. This week, I’ll share the best ways to pay for goods and services while traveling abroad and the best way to obtain the local currency. When my wife and

    0
  • Weekly Economic Update – February 6, 2017

    Posted on February 6, 2017

    POSITIVES & NEGATIVES IN JANUARY’s JOB DATA The Department of Labor’s latest jobs report showed 227,000 net new hires last month. Unfortunately, wages grew just 0.1% in January as the headline jobless rate rose slightly to 4.8%. The U-6 rate, counting the underemployed, rose 0.2% to 9.4%.1 STRONG CONSUMER CONFIDENCE & SPENDING While the Conference Board’s monthly consumer confidence index

    0
  • Travel Tips for the 2017 Travel Season

    Posted on February 2, 2017

    By Roger Ward, CPA/PFS, CFP® It may be blustery and cold now, but travel season will be here before you know it. To help you prepare for your summer adventures, I want to share a few tips to help you navigate around some avoidable travel obstacles — starting with a few passport reminders. Passports – Don’t Wait to Apply or

    0