This month Jason Weaver discusses the Fed Policy, inflation components and asset class correlation. The Fed has been the primary driver of asset prices in 2019. The basic mandate is price stability (measured in inflation) and full employment. So, what is going on with the Fed? If you look back to July of 2018, the economy was doing very well. Inflation moved up to about 2.5-3.5% by October.
Weaver Consulting Group is a local, family owned, Registered Investment Advisory practice in Huntington Beach, California. We have been providing our expertise and sharing our experiences for the last 22 years.
$1 Million sounds like a lot, doesn’t it? That is because it is. That many one dollar bills tacked on top of one another would reach 358 feet tall. or the height of a 35 story building. It is a lot of money. However, it does not buy what it used to.
This month, Jason Weaver discusses demographics, GDP and debt levels. He also gives an update on the business cycle. If you look at real GDP in the United States, the real GDP is net of inflation. This peaked around the 70's and 80's, with the baby boom generation.
It is our mission to create a community of confident, informed, and inspired retirees, and as we looked around last night, we were really grateful to see the Weaver Community embodying just that. Thank you to all of you who came, and shared your Thursday evening with us.
For some, retirement is an end to a chapter of your working life. The rules behind retiring have changed in recent years. People are starting to see retirement as an opportunity to enjoy life after careers. Retirement could be a chance to pursue a life long passion or a completely new venture.
This month, Jason Weaver discusses late cycle, market capitalization and dividends. Late cycle breaks down into four phases: early cycle, late cycle, mid cycle and recession. Generally speaking, the wall street consensus is that the U.S. Economy is in late cycle. Characteristics are economic growth, profit margins, sales and high stock market multiples.
Tonight I hosted the 6th official call. We had 8 students on the line so we got right into the economic data. On Wednesday, the FOMC announced it’s monetary policy and they kept the Federal Funds rate steady @ 2.25-2.50%. Their dovish comments sent bond yields diving.