For months many have wondered if inflation will start to become a problem. And while the United States has yet to see inflation become a real problem yet, over in Europe, inflation has become a real issue. In March, the Eurozone saw its highest inflation since the start of the pandemic. Consumer prices across the […]
Interest rates have taken a beating over the past few years, but in February, rates started to show signs of life. The 10-year treasury yield hit 1.614% at the end of the month, the highest rate since the coronavirus pandemic began last Spring. It appears that a combination of positive news from mass vaccinations, economic […]
Now that there is a new administration in the White House, analysts are beginning to get a sense of what is to come for the US economy. President Biden unveiled a $1.9 trillion stimulus package that includes more direct payments to Americans, increasing unemployment benefits, and help with coronavirus vaccine rollouts across the country. Republicans […]
It appears that President-elect Joe Biden is planning to enact legislation that many democrats have been pushing for in recent years: student loan forgiveness. This could be huge news for anyone still paying off student loans, who stand to see financial relief as a result. While Biden’s loan forgiveness plan is still not completely clear, […]
2020 was a year filled with uncertainty and chaos, but the stock market ended the year on a bright note. Major indices hit all-time highs before retreating slightly to close out December, and leave investors feeling confident heading into 2021. The beginning stages of a coronavirus vaccine rollout furthered the belief that the pandemic is […]
Want to better understand where your money is going? Use a budgeting app to help you get a holistic view of your finances. With a budgeting app in-hand, you can track and categorize your expenses, see your income, and get an idea of where you can cut back on spending. You might even learn a […]
While President-elect Joe Biden beat out incumbent Donald Trump in the Presidential election, the political picture is still as murky as ever. The Democratic party was able to maintain their majority in the House of Representatives, albeit losing several seats in the process with several races yet to be called. The Senate is much closer, […]
It’s Election Time Buckle your safety belts, the election is upon us. And no matter which candidate you support, it’s sure to be a bumpy ride. At this late stage in the process, most polls are pointing to a sizable lead for Democratic nominee Joe Biden, but one can help see flashbacks to similar positive […]
Lake Street is excited to welcome Ryan N. Todd, CFP® to the team! “Ryan joins us from a familiar background at Merrill and brings extensive industry experience in financial services to the firm,” says Joe Stock, managing partner. “As we continue to expand our advisor base, he will be a tremendous asset to the clients […]
Even as the stock market saw a pullback in September, it’s clear that stocks as a whole are operating on a different level than the rest of the economy. While small businesses remain shuttered or at lessened capacity, the market has maintained growth. This might seem like a fluke, but it actually makes sense when […]
