Last week saw a number of important economic data releases, with a focus on July’s inflation reports and a first look into consumer confidence in August. Consumer inflation slowed in July compared with data from June, but the overall level of inflation remains elevated. This will be another busy week for updates. Highlights will include reports on the housing sector as well as retail sales in July.
Commonwealth
The Stock Market and the Economy
In 2020, the U.S. GDP declined 3.4 percent, yet the S&P 500 was up 18.4 percent. In the first half of 2021, the U.S. GDP grew by 6.4 percent, and the S&P 500 was up by 15.25 percent.
Monthly Market Risk Update: August 2021
My colleague Sam Millette, manager, fixed income, on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk Update. Thanks for the assist, Sam!
Is Inflation Still Accelerating?
Over the past couple of weeks, I have gotten a number of questions on inflation. It seems to be one of the top-of-mind issues. Given that, and the fact that the most recent inflation data hit this morning, it seems appropriate to give an update.
Economic Risk Factor Update: August 2021
My colleague Sam Millette, senior investment research analyst on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam!
Monday Update: July Jobs Report Beats Forecasts
Last week saw a number of important economic data releases. Highlights included better-than-expected results for service sector confidence and hiring in July. This will be another busy week for updates, with a focus on July’s Consumer Price Index and Producer Price Index reports, as well as a first look at consumer confidence in August.
Olivia has joined Riverstone Wealth Partners providing knowledge gained from her 15 plus years in management. Olivia has provided services within the financial industry, mortgage industry, and in the non-profit sector. Olivia thrives on providing stellar customer service, accomplishing all goals set before her, and doing the right thing. Olivia’s degree in Business Management allowed her to take on roles that ultimately led her to Riverstone Wealth Partners. Olivia is currently pursuing another degree with an emphasizes in Human Resources, which she has learned over time… is her passion!
Director of Operations
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Alec joined Riverstone after starting out his post college career on the operations side of an international logistics company working as an account executive. Graduating with a BA in Economics from the University of Illinois at Urbana-Champaign, he quickly developed a strong interest in the financial world. A lifetime resident of the Chicagoland area, Alec is an avid fan of his hometown sports teams. He is also an enthusiast of outdoor activities like fishing, camping, and hiking whenever possible.
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor Assistant
Registered Relationship Assistant