The government reported another monthly increase in employment and a much better-than-expected drop in the unemployment rate in August.
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Stordahl Capital Management has been selected for Financial Advisor magazine’s 2020 survey and ranking of Registered Investment Advisory firms.
Read MoreIn selecting or retaining a financial advisor, how do you know if you’re making a wise choice?
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The Federal Reserve announced a new policy regarding how it will handle inflation, which could keep interest rates low for a long time.
Read MoreYou have an important decision to make when you receive an early retirement offer from your company. Here are financial points to consider.
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The unemployment rate is above 10% (U.S. Bureau of Labor Statistics). Though declining, layoffs remain at elevated levels (Dept. of Labor) amid the lingering pain caused by the COVID recession.
Read MoreAnnuities sound attractive, and you may be tempted to include one in your retirement income plan. But read these annuity downsides before you decide.
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There are many indicators that can be used to measure economic activity. Today, the number of jobs being generated is probably the most important.
Read MoreHow do you know when an investment recommendation is worth heeding? Red tape and legal jargon aside, it’s about finding an advisor who exemplifies a few simple ideals.
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Historic Drop in GDP: On Thursday, the U.S. Bureau of Economic Analysis (BEA) reported that Q2 GDP fell at an annualized rate of 32.9%, the largest decline since quarterly records began in 1947.
Read MoreIf you’re concerned that the COVID-19 pandemic has hurt your retirement plan, here are financial areas to reassess as you get your retirement goals back on track.
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Aided by massive stimulus from the Federal Reserve, the major indexes have mounted an impressive rally this year.
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Let’s review two important economic reports: retail sales and industrial production.
Read MoreIf you are considering an early retirement due to the effects of COVID-19, here are factors to help determine whether you are financially ready.
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Q2 earnings season unofficially gets underway this week, and investors are bracing for a steep decline in profits.
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Nonfarm payrolls surged a record 4.8 million in June, which is on top of the 2.7 million increase in May per the U.S. Bureau of Labor Statistics.
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COVID Flare-ups: The rise in cases has created renewed volatility in stocks because it may slow economic progress. But it has yet to create the kind of instability we saw in the early days of the pandemic.
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Reopening of State Economies Boosts Sales; Job Losses Remain High. We’re far from reclaiming the economic highs of pre-COVID America, but activity is rising, and it is evident in consumer spending.
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“We're Not Even Thinking About Thinking About Raising Rates”. That statement came from Fed Chief Jerome Powell after the Federal Reserve kept interest rates unchanged last Wednesday.
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Astounding jobs report! Analysts had expected the unemployment rate to rise from 14.7% in April to 19.8% in May. Instead, the unemployment rate fell to 13.3%.
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