Wealth Management News & Resources
Bruce Frankel of Eckhoff Wealth Management, LLC and Michele Hassid of Eckhoff and Company have been invited to participate in a dynamic seminar series entitled “What’s the Solution to Capital Gain Taxes in Real Estate?”
The series is hosted by Zephyr Real Estate and will be held at their Marin office, located at 350 Bon Air Center, Suite 100, Greenbrae, CA 94904.
April 16, 2018
CONSUMER SENTIMENT INDEX DESCENDS SLIGHTLY
In its initial April edition, the University of Michigan’s survey of household sentiment saw its index decline to 97.8 from its final March reading of 101.4. The survey’s chief economist, Richard Curtin, believed that “uncertainty surrounding the evolving [U.S.] trade policy” affected the reading, but he added that “confidence still remains relatively high.”1
A SURPRISE RETREAT FOR THE HEADLINE CPI
Economists polled by Briefing.com assumed the Consumer Price Index would rise 0.1% in March.
April 9, 2018
HIRING WEAKENED IN MARCH
Payrolls expanded by only 103,000 net new jobs last month, according to the latest employment report from the Department of Labor. Some economists wondered if harsh weather distorted the number (job growth was also poor in March 2015 and March 2017).
April 2, 2018
HAS CONSUMER SPENDING MAINTAINED ITS PACE?
A new Department of Commerce report states that consumer spending rose 0.2% in February as consumer incomes improved 0.4%. These numbers replicated January’s gains. Even so, the personal savings rate hit a 6-month peak of 3.4% in February, suggesting that spending may have leveled off in the first quarter.
March 26, 2018
TRADE WAR POSSIBILITY WEIGHS ON STOCKS
Last week, the U.S. imposed excise taxes on steel and aluminum imported from select countries and announced that up to $60 billion of Chinese imports would also soon face tariffs. These protectionist moves weakened bullish sentiment on Wall Street.
Subscribe to Our Wealth Management News Summary
Receive our occasional newsletter, and unsubscribe any time.