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Weekly Summary: August 23 – 27, 2021 Key Observations: Post peak economic growth can still be very favorable...
As economic growth rates have slowed, rates of inflation have increased. Hopefully, in the words of singer Marvin Gaye, we “can see what’s going on” presently with the Delta variant’s infections and their effect on economies, inflation and financial markets.
The Delta variant experience of India, which has a very low vaccination rate and the U.K., which has a relatively high vaccination rate, both show that Delta variant infections tend to rise quickly but also seem to dissipate rather quickly. Higher vaccination countries like the U.S. should see only a relatively slight delay in its economy more fully reopening.
We view the words that the Beatles first sang in their breakthrough album “Rubber Soul” as very apropos to investors’ current task at hand. We are all trying to “look through” the current data and forecast what lies ahead. But investors’ forecasts are very often “not the same.”
House Democrats have circulated initial proposals around tax policy changes that they want to include within the Build Back America Act, the massive tax-and-spending budget reconciliation bill that party leaders hope to move through the chamber in the coming weeks. Many of the proposals within the bill are what was expected in one form or another, but there are a few new wrinkles.
Did you know? 70% of wealthy families lose their entire wealth by the second generation, and a stunning 90% by the third, according to The Williams Group.
What can you do to prevent this…to extend your legacy?
Hosted by Jeff Kobernick, the panelists reviewed the burgeoning non-fungible token (“NFT”) market, the “red-hot” market for new and used watches, and the world of new and used collectible cars.
Hosted by Rob Sechan, panelists Jamie Dinan and Marc Lasry discussed markets, the uneven reopening of the economy,...
In general, estate planning is not what people wake up and want to chat about. However, this year there is plenty of news around the changes to tax policy that should be motivating you to start the dialogue and/or get educated on how the changes may impact you and your family.
Hosted by Rob Sechan, panelists Tom Lee and Anthony Scaramucci discussed an overview of the cryptocurrency market, the outlook for the market in 2021 and the future, as well as insights on how individual investors can gain exposure to this burgeoning asset class within their own portfolio.
A key focus of President Biden’s address to Congress last night was his proposed “American Families Plan.” Among many things, the plan includes new spending on what the administration describes as “human infrastructure” priorities.