brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 Retail sales rose a substantial 1.4% in March – the largest monthly increase in more than two years – easily surpassing the median forecast (1.2%) and February’s figure (0.2%), which was revised higher. Sales of autos (5.3%) and building materials (3.3%) led category […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 The Consumer Price Index (CPI), a gauge for inflation, came in below expectations for the month of March in spite of tariffs being implemented. Although the latest report does not include the April 2nd tariffs, it does include the initial round of tariffs […]
brought to you by Philip Blancato, Osaic's Chief Market Strategist ECONOMIC REVIEW1 The Institute for Supply Management’s (ISM) Manufacturing Index came in at 49.0, which was below February’s reading of 50.3 and below consensus expectations of 49.5. A reading above 50 represents expansion, while a reading below 50 indicates contraction. Prices paid moved higher while […]
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 […]