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 [...]
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 [...]
Whether you’ve seen the prices at the pump, clicked on the headlines, or overheard discussions in the grocery store, you know the rising cost of gas has everyone talking. At the start of the summer driving season, the average price of regular gasoline in the U.S. reached an all-time high, surpassing $4.50 per gallon. Inflationary [...]
Two great articles taking a closer look at current market conditions: Why is the Stock Market Going Down? The economy seems to be doing well, with job growth still at high levels, consumer spending still healthy, and businesses continuing to invest. But the stock market—which is supposedly a barometer of that economy—is acting very differently. [...]
After over a year of studying and taking the four required exams, Rebecca Crumpler can now proudly display the CPA designation behind her name. LifeTime is extremely proud of Rebecca's dedication to her continued education and expansion of her knowledge and skills. Rebecca obtained her CERTIFIED FINANCIAL PLANNER(TM) designation in late 2019, which then sparked [...]