June ended on a strong note for stocks, as the banking sector led the S&P 500 to a record high, making it the 33rd time this year that the index reached a new record. This was the fifth straight month of gains for the S&P, which has already gained 14% on the year. Stocks were […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-07-07 05:27:002021-07-08 09:34:14ON THE STREET MONTHLY - S&P 500 HITS A RECORD HIGH
President Joe Biden announced his plans for a $6 trillion US budget in the coming year. This would represent a one-third boost to federal spending compared to pre-coronavirus levels, and would be the highest sustained federal spending level since World War II. His plan is also expected to raise government spending to $8.2 trillion by […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-06-02 13:16:022021-06-04 11:21:23ON THE STREET MONTHLY - BIDEN PROPOSES A NEW BUDGET
The Federal Open Market Committee decided in April that now is not the time to raise interest rates. The FOMC cited the need to continue helping in the coronavirus economic recovery along with low levels of inflation as reasons for their decision. However, Federal Reserve chairman Jerome Powell and the committee were optimistic as to […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-05-04 13:16:502021-05-04 13:16:52ON THE STREET MONTHLY - INTEREST RATES TO REMAIN CONSTANT
Lake Street co-founder and managing partner, Justin Terzo, has been named to the 2021 Forbes “Best-In-State Wealth Advisors” list. Justin is honored and humbled to receive such national recognition two years in a row. This award encompasses the highest quality advisors across the country who strive to make a positive, long-lasting impact on the lives […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-04-21 12:05:132021-04-21 12:05:14Justin Terzo Recognized In 2021 Forbes “Best-In-State Wealth Advisors” List
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 […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-04-06 09:32:022021-04-12 15:51:27ON THE STREET MONTHLY - INFLATION STARTS TO HIT EUROPE
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 […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-03-04 11:39:432021-03-04 11:39:46ON THE STREET MONTHLY - INTEREST RATES ARE ON THE MOVE
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 […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2021-02-02 15:33:452021-02-02 15:35:32ON THE STREET MONTHLY - A BATTLE FOR MORE ECONOMIC STIMULUS
ON THE STREET MONTHLY – S&P 500 HITS A RECORD HIGH
June ended on a strong note for stocks, as the banking sector led the S&P 500 to a record high, making it the 33rd time this year that the index reached a new record. This was the fifth straight month of gains for the S&P, which has already gained 14% on the year. Stocks were […]
ON THE STREET MONTHLY – BIDEN PROPOSES A NEW BUDGET
President Joe Biden announced his plans for a $6 trillion US budget in the coming year. This would represent a one-third boost to federal spending compared to pre-coronavirus levels, and would be the highest sustained federal spending level since World War II. His plan is also expected to raise government spending to $8.2 trillion by […]
ON THE STREET MONTHLY – INTEREST RATES TO REMAIN CONSTANT
The Federal Open Market Committee decided in April that now is not the time to raise interest rates. The FOMC cited the need to continue helping in the coronavirus economic recovery along with low levels of inflation as reasons for their decision. However, Federal Reserve chairman Jerome Powell and the committee were optimistic as to […]
Justin Terzo Recognized In 2021 Forbes “Best-In-State Wealth Advisors” List
Lake Street co-founder and managing partner, Justin Terzo, has been named to the 2021 Forbes “Best-In-State Wealth Advisors” list. Justin is honored and humbled to receive such national recognition two years in a row. This award encompasses the highest quality advisors across the country who strive to make a positive, long-lasting impact on the lives […]
ON THE STREET MONTHLY – INFLATION STARTS TO HIT EUROPE
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 […]
ON THE STREET MONTHLY – INTEREST RATES ARE ON THE MOVE
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 […]
ON THE STREET MONTHLY – A BATTLE FOR MORE ECONOMIC STIMULUS
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 […]