We do not want any of our clients to think we are not taking a resurgence in inflation seriously – we are. Runaway inflation would damage the economy and the stock and bond markets.
On April 28th the Biden Administration released details of the American Families Plan which he tagged as an investment in our kids, our families, and our economic future. President Biden believes it is not enough to restore where we were prior to the pandemic, but that we need to build a stronger economy that does not leave anyone behind –to build back better.
We often talk about history not exactly repeating, but rhyming. It is hard to escape the parallels between the 2020’s and the 1920’s.
Last post our goal was to let clients know how the American Rescue Plan, which included $1.9 trillion dollars of stimulus and relief in response to COVID-19, would impact them as individuals. Today we will provide our take on how this bill could impact the economy, interest rates, and inflation.
As we work through the content and complexity of the American Rescue Plan Act passed on Wednesday, March 10th, we decided to break our communication into two parts. Today will be about what this means to individuals and our states and local governments, focusing on what is applicable to our clients. There is a link at the end if you would like to read more about the details.
On March 15th we will celebrate a dubious anniversary at Bond&Devick. It will be one year since we had our last in-person client meeting in the office. For a group of extroverts whose favorite part of our job is meeting with clients, giving hugs, and sharing stories, this has been a challenging twelve months to say the least. We are grateful that our team and fa
The Long and Short of it
We are still in a bit of shock as we look back over the events of 2020. The virus warrants top mention, of course, but there were so many other moments that would have been extraordinary in any other year. The never-ending wildfires in the western part of America, the murder of George Floyd and the international awakening around racial justice issues and the most contentious Preside
The Georgia Election and The Markets
What It Is All About