If you aren't familiar with the 'January Barometer', today's Peek of the Week describes it like this: as goes January, so goes the year. . . As we know, people do not make perfect financial decisions and the predictive values associated with the January Barometer aren't perfect, either. So what's going on? Last week we saw U.S. stock indices move lower because of inflation, the pandemic and Federal Reserve policy. One thing is very clear: the global economy stays resilient, requiring new and innovative adaptations around the world.
Read MoreIs the economy doing well, or not? The answer doesn't come easy these days. Today we posted a brand new Peek of the Week that attempts to answer this question. Last week, the focus was on retail sales for the month of December 2021 being down 1.9 percent compared to November 2021. There are more factors and timeframes to consider than the month-to-month data, and Barron's reported the "the slowdown is expected to be short-lived."
Read MoreThe Fed's minutes from their December meeting were released last week and investors found themselves surprised by "the change in tone" for future outlooks. Our Peek of the Week tells the story of the Federal Reserve and how 2020 forced our country to make adjustments to avoid a deep recession or depression, and how we continue to pivot going forward.
Read MoreWhile circumstances beyond our control took the wheel over the nearly past two years, 2022 might be the year where we can be more in control of what we write into the chapters of our year. We hope 2022 is a wonderful year full of good luck and prosperity. If you need help developing a plan for financial prosperity, please get in touch.
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