Monthly Market Update- First Quarter 2021 Investment Commentary
April 2021 Market Recap Global stock markets celebrated the one-year anniversary of the pandemic-induced bear market low (March 23, 2020) with another strong quarter of returns. The S&P 500 Index gained 6.2%, developed international stocks rose 3.5%, and...
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The Morning View: February 10, 2021
In this morning’s data, the Consumer Price Index increased 0.3% in January, as expected, and is 1.4% higher on annual basis. Prices for Gasoline were higher for the month, encapsulating most of the increase in the headline figure, while prices for Used Cars and...
Argent Employee Spotlight – Drew Davis
Meet Drew Davis, who is with Argent Trust in Shreveport and has been with us for 5 1/2 years. Q. What led you to Argent and what makes it unique? A. I was led to Argent on a recommendation by a friend, they said they thought I would fit in very well at Argent...
Worried about Passing Down a Big IRA? Consider a CRT
Charitable remainder trusts give you more options and more control on how your heirs inherit now that the “stretch” IRA is a thing of the past. Originally published on Kiplinger.com February 8, 2021 Since the mid-1970s, saving in a tax-deferred employer- sponsored...
The Morning View: February 5, 2021
Announced this morning, the economy added only 49,000 jobs in January, less than expected and only a slight improvement from last month’s negative result. The Leisure and Hospitality industry was weak, losing 61,000 jobs in the month which follows a revised 536,000...
Retirement Times February 2021 Newsletter
February 2021 This month's Retirement Times discusses Continuity, Coronavirus, ERISA, Stimulus Package, and Common Fiduciary Errors. Download the Retirement Times February newsletter here.
Monthly Market Update
February 2021 The S&P 500 ended January with an uneventful loss of 1%. However, it was anything but an uneventful month. With everyone happy to put 2020 in the rearview mirror, the new year didn’t offer much reprieve when the U.S. Capitol was stormed by rioters....
The Morning View: January 29, 2021
In this morning’s data, Personal Income increased 0.6% in December, more than expected. Personal Spending decreased -0.2% in December, also better than expected, but still negative. Meanwhile, earlier this week the first reading of GDP in the 4th quarter 2020...
The Morning View: January 21, 2020
Announced this morning, Initial Jobless Claims were 900,000 for the week ending January 16th, and Continuing Claims were 5,054,000 for the week ending January 9th. Both were decreases from the previous week, but levels remain elevated. Meanwhile, the European...
4 Ways President Biden’s Proposed Tax Changes May Impact You
With the election results in Georgia now certified, we now know the ultimate effect of the 2020 elections, with Democrats gaining control of the White House, maintaining control of the House of Representatives by a slim margin and forging a 50-50 split in the Senate....