Wealth Management News & Resources
July 30, 2018
First estimate of Q2 GDP: 4.1%
Not since the third quarter of 2014 has the economy grown at such a pace. In its report released Friday, the Bureau of Economic Analysis noted 4.0% growth in consumer outlays during the quarter, a 7.3% improvement in business spending, and 3.5% more federal government spending.
July 23, 2018
ANOTHER GOOD MONTH FOR RETAIL SALES
Americans are spending freely, as new Census Bureau data confirms. Retail sales advanced 0.5% last month, matching the consensus forecast of economists surveyed by Reuters, in the wake of a revised 1.3% May gain.
In this video, Michele Hassid, Eric Briese and Bruce Frankel explain how our clients benefit from integrated tax, accounting and wealth management services.
Bruce Frankel: One of the most common comments that we’ve been getting back from people is why isn’t the industry just like this?
In this video, Bruce Frankel, Michele Hassid and Eric Briese explain why EAC and EWM partnered to provide integrated tax, accounting and wealth management services for our clients.
Michele Hassid: I realized some years ago that, as a CPA firm, we needed to evolve from being compliance-oriented – focused on preparing tax returns, preparing financial statements – to being client-centric.
July 16, 2018
INFLATION NEARS 3%
The federal government’s Consumer Price Index rose 2.9% across the 12 months ending in June, a level of annualized inflation last seen in February 2012. Yearly inflation has now increased for five straight months (although the headline CPI went north only 0.1% last month).
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