August 2021

Happy August! The long days of summer are here, but it continues to be quiet in the markets. Inflation increased 6.1% at an annualized rate for the 2nd quarter of 2021, but the debate still continues if this will be “transitory.” Meanwhile, S&P 500 earnings are estimated to increase 82% year-over-year compared to 2nd quarter 2020 earnings which declined 32%. This provides a strong tailwind for higher markets, or at least quiet markets as the S&P 500 absorbs record earnings into stock prices. Of course, risks remain, including tax increases, fiscal expansion, and the COVID variant. But for now, we see mostly clear skies.


How Long Do Workers Stay with Their Employers?

Stock Market Risks in the Spotlight

Child Tax Credit for 2021: Will You Get More?

Signs of a Scam and How to Resist It

Click To Read GWM Newsletter – August 2021