Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management On March 31, 2021, President Biden introduced the American Jobs Plan, a proposal designed to improve the country’s aging infrastructure. In total, the plan will invest more than $2 trillion over the next decade. The specific provisions of the proposal [...]
Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management Solid Month Caps Positive Quarter for Markets U.S. stock markets saw gains for the month and quarter, but not all stocks did well. Higher interest rates led to some volatility, especially for growth and technology companies. The Nasdaq Composite gained [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, March 22, 2021 Rates continued to rise last week. On Monday morning, the 10-year Treasury yield opened just below 1.71 percent, an increase of 8.5 basis points from last week’s open of 1.63 percent. The 30-year opened just above 2.41 percent, up [...]
On Thursday, March 11, 2021, the American Rescue Plan Act of 2021 (ARPA 2021) was signed into law. This is a $1.9 trillion emergency relief package that includes payments to individuals and funding for federal programs, vaccines and testing, state and local governments, and schools. It is intended to assist individuals and businesses during the [...]
This information only applies to you if you have accounts held at NFS. Investor360°® Below are the most common tax documents, followed by a description that will help you better understand the purpose of the forms and the online posting dates (i.e., the dates that your tax form will be made available online in Investor360°®). [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, January 25, 2021 There was minimal flattening in the yield curve during the holiday-shortened week. The 10-year Treasury yield opened at 1.09 percent and closed at 1.05 percent. This morning, the 10-year yield opened just below 1.07 percent—a loss of approximately 2 [...]
Click here to view our 2021 Key Numbers report (PDF).
U.S. retail sales suffered in the spring of 2020 due to safety concerns, government-mandated lockdowns, and economic uncertainty wrought by the coronavirus pandemic. Sales — including purchases at stores, restaurants, and online — plunged from $483.95 billion in March to $412.77 billion in April, a record 16.4% drop.1 Fortunately, retail sales rebounded sharply after the [...]
On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here, as [...]
Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Strong December caps off solid year for markets Markets continued to rally in the final month of 2020. The Nasdaq Composite led the way with a 5.71 percent gain for the month. The S&P 500 gained 3.84 percent, and the [...]