The emergence of the COVID-19 Omicron variant triggered a market selloff in the days following Thanksgiving and offered an unpleasant reminder that the pandemic is not over. The economy and financial markets remain somewhat reliant on the medical community and research developments. Additionally, Chairman Jerome Powell and the Federal Reserve did an about face on their … Continued
The economy continues to strengthen COVID-19 trends are greatly improving, and this still relatively young bull market is alive and well. As the leaves turn colors and begin to fall to the ground, we have many reasons to be thankful. The economy slowed considerably in the third quarter due to the COVID-19 Delta Variant (as … Continued
Change in life is constant, and during the past year and a half, we have experienced more change than any of us bargained for. Change is disruptive—change also brings opportunity. As investors, there is no shortage of change to think about, and those changes may set the stage for the next leg higher for this … Continued
Six months and counting. That is the current monthly winning streak for the S&P 500 Index. To take that a step further, this key equity benchmark has posted gains in 13 of the last 16 months—dating back to the March 2020 low. With stocks nearly at a double from those lows, it has indeed been … Continued
Ryan Olson, MBA, CFP®, an independent LPL Financial advisor at Mustang Private Wealth with offices in San Luis Obispo and Orcutt, CA today announced his inclusion in LPL’s Patriot’s Club. This elite award is presented to less than 9% of the firm’s more than 17,000 financial advisors nationwide*. “On behalf of LPL, I congratulate Ryan … Continued
As we move into June, a path to normalcy is coming quickly with stadiums allowing full capacity, restaurants filling up, and summer vacations in full swing. Meanwhile, the U.S. economy continues to recover and the stock market is near all-time highs. A lot of this good news is likely already priced into stocks. Companies are … Continued
It’s now been over a year since the COVID-19 pandemic officially began. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago. Here’s a snapshot of where we are today: Over the past two months, COVID-19 cases and hospitalizations have … Continued
INDIVIDUAL ASSISTANCE Recovery Rebates Provides all U.S. residents with an adjusted gross income of $75,000 or less $1,200 for singles and heads of households ($2,400 for married couples filing joint returns and an adjusted gross income of $150,000 or less). The rebate is phased out by $5 for every $100 over $75,000 that an individual … Continued
New growth is beginning… This is a hard time to be an investor. It has been easy for a long time, long enough that many people have become complacent and forget that investing isn’t all rainbows and sunshine. And this moment in time, when uncertainty seems to be highest, is exactly the time to commit … Continued
“The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February brought a historic stock market sell-off, with the S&P 500 Index moving from an all-time high to a 10% correction in … Continued
