Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, September 26, 2022 On Wednesday, the Federal Open Market Committee (FOMC) interest rate decision from the September 21–22 meeting was announced. The committee hiked the policy rate by 75 basis points (bps), bringing the upper limit of the target federal funds rate [...]
LifeTime publishes a quarterly newsletter with a compilation of topics, from happenings at LifeTime to market news and updates, from a client spotlight feature to client polls and trivia. It’s worth taking a look! Our third quarter newsletter features: LifeTime’s sponsorship and community involvement in several fall charity golf tournaments Matt Glova interviewed on Aging [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, August 29, 2022 Although August is an off month for Federal Open Market Committee (FOMC) meetings, Federal Reserve (Fed) Chair Jerome Powell still had an opportunity to provide forward guidance and steer the markets through his much-anticipated appearance at the annual Economic [...]
Student loan debt is a burden for many. Various repayment plans and tax-free public service loan forgiveness (PSLF) can help. Unfortunately, PSLF involves a maze of rules that can be challenging to navigate and often fail to result in loan forgiveness. The good news is that the limited PSLF waiver, available through October 31, 2022, [...]
Homeowners and Car Buyers can Save with New Energy Tax Credits as part of the New Inflation Reduction Act The Inflation Reduction Act was just signed into law on August 16, 2022. This sweeping law covers many areas, but one that we believe to be of interest to most Americans is how homeowners and car [...]
The gross domestic product (GDP), which is considered the first estimate of national economic growth, was reported this week at a decline of 0.9 percent from last quarter. This is the second consecutive decrease, although it’s an improvement over last quarter’s drop of 1.6 percent. By some definitions, a recession is identified by declines in [...]
Matt Glova was featured this week on Aging Matters with Transitions LifeCare. Matt & host Mary Lucas discuss financial planning, managing assets and avoiding scams. Be sure to take a listen here!
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, July 25, 2022 U.S. Treasury yields were down last week as expectations of a recession and a potential slowdown in rate increases from the Federal Reserve (Fed) were reflected in fixed income markets. Economic data releases suggested a slowing of the global [...]
As we enter the second half of the year, the outlook might appear grim at first glance. Covid-19 continues to spread, both here and worldwide. Inflation remains close to 40-year highs, and the Federal Reserve (Fed) is tightening monetary policy to fight rising prices. The war in Ukraine is ongoing, and it threatens to become [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, June 27, 2022 After the Federal Open Market Committee (FOMC) raised the federal funds rate 75 basis points (bps) at its June meeting, Federal Reserve (Fed) Chair Jerome Powell testified to Congress on the state and development of the U.S. economy. Last [...]