brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 January’s Personal Consumption Expenditures (PCE) report came in at +0.3% month-over-month (MoM) and +2.5% year-over-year (YoY), in line with estimates, driven by increases in service costs. Higher prices in housing, utilities and healthcare services contributed to the overall rise, while goods inflation remained […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 Minutes from the January Federal Reserve (Fed) meeting and housing data highlighted a short and otherwise quiet week for economic data domestically. Abroad, however, a number of important geopolitical events – including a meeting between US and Russian officials in Saudi Arabia discussing […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 January’s headline Consumer Price Index (CPI) reading increased 0.5% month-over-month (MoM) and rose 3.0% year-over-year (YoY). Both MoM and YoY headline data came in above expectations, driven higher by energy and food prices. Energy prices, which were largely deflationary last year, have risen […]
For Immediate Release Leesburg, VA – Angela Bender, managing partner at AMJ Financial Wealth Management, completed her semiannual training with America’s IRA Experts at Ed Slott and Company, LLC by participating in a workshop that took place October 24-25, 2024. The invite-only workshop, attended by members of Ed Slott’s Master Elite IRA Advisor GroupSM, offered […]
Identity theft - Criminals have been using other people’s personal information (Social Security numbers, names, addresses, birth dates, etc.) to obtain money or credit for many years. Recently, scammers have also been filing false tax returns. The IRS has implemented measures that appear to be effective. Regardless of the progress that has been made, the IRS […]
WHO’S YOUR BENEFICIARY? Beneficiaries are the people who will inherit your assets –savings and investment accounts, life insurance policies, homes, cars, and other possessions. In general, there are two ways to name beneficiaries. You can: Designate a beneficiary on an account. For example, when you signed up for a retirement plan at work, you were probably […]