Will the Inflation Reduction Act Reduce Inflation?  How to Take Advantage of the New Law

The Inflation Reduction Act (IRA) just passed in both the House and Senate and is expected to reach President Biden’s desk for final ratification this week.  The description of the bill from the democrats in the Senate is: “The Inflation Reduction Act of 2022 will make a historic down payment on deficit reduction to fight …

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Updates on the Economy, Stocks, Inflation, and Interest Rates

The stock market, as measured by the S&P 500, is currently down for its 8th week in a row, falling close to 20% year-to-date.  The main reason for the decline is that investors are nervous about whether the economy is heading into a recession.  Specifically, they are worried that the Federal Reserve, in its fight …

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April 2022 Economic Commentary:  Geopolitical Conflict & Higher Interest Rates Galore

Those hoping the world would return to relative normalcy following the omicron variant’s peak in January were left disappointed, as Russia invaded Ukraine in February.  In addition to stirring geopolitical tensions, the invasion strained global oil supplies, which added to the existing forces causing the highest inflation in forty years. Source:  St. Louis Federal Reserve …

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The J-Curve – How Today’s Financial Decisions Define Tomorrow’s Success

A central theme to WELLth’s culture is our focus on making small, positive changes to better financial futures.  These small changes, like using a credit card with a rewards program instead of a debit card, add up over a long time period to make a significantly positive difference in your overall net worth.  This post …

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