Archive for the ‘Mark Levy’s Newsletters’ Category

Mark Levy’s Economic Update – Wednesday, March 14, 2018

April 3rd, 2018 by Legacy Wealth Planning

We have been told that all of LPL Financials tax documents will be mailed by tomorrow’s close of business. Only a few 1099’s remain to be mailed tomorrow because of reporting delays. The vast majority of clients have already received their tax reporting documents from us. The February employment report crushed expectations for the number […]

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Mark Levy’s Economic Update-Thursday, February 08, 2018

February 21st, 2018 by Legacy Wealth Planning

In last July’s newsletter I began writing about the possibility of an equity market correction. Looks like I was early by 6 months or so, but a correction has finally occurred, and it is still ongoing. Last month’s newsletter expressed that the only looming negative on the horizon was the possibility of the economy doing […]

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Mark Levy’s Economic Update – Tuesday, January 9, 2018

February 8th, 2018 by Legacy Wealth Planning

First, let me apologize for not sending a letter these last two months. We have been very busy at Legacy Wealth Planning creating our new Hybrid Registered Investment Advisor structure. We have almost completed this effort and we thank all our clients that were involved in this conversion. 2017 is behind us, but let’s look […]

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Mark Levy’s Economic Update – Thursday, September 21, 2017

September 26th, 2017 by Legacy Wealth Planning

In the next few months some of you (advisory clients) will be getting notifications of a change at Legacy Wealth Planning regarding our business structure. In order to adapt to this ever-changing world, we are creating our own Registered Investment Advisor (RIA) to our business model. Of course, LPL Financial will remain our broker dealer, […]

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Mark Levy’s Economic Update – Wednesday, July 12, 2017

July 21st, 2017 by Legacy Wealth Planning

The equity markets are rallying today due to comments of “gradual interest rate increases” by Federal Reserve Chairwomen Janet Yellen. The equity markets like this thinking because it implies slow increases in rates rather than swift, so thereby a lower chance of the economy slowing due to aggressive interest rate hikes by the Fed. LPL […]

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Mark Levy’s Economic Update – Thursday, June 8, 2017

June 14th, 2017 by Legacy Wealth Planning

The drama of the day is the testimony of Jim Comey, former director of the FBI, before the Senate’s Intelligence Committee. The Stock market is up today, but equities are not trading with the possible volatility that some traders were anticipating with today’s testimony regarding Mr. Comey and his interactions with President Trump. Another earnings […]

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Mark Levy’s Economic Update – Tuesday, April 18, 2017

April 24th, 2017 by Legacy Wealth Planning

The Dow 30 Industrial Average is currently trading at 20,515, down from its absolute closing high of 21,115 posted March 1st 2017. After the impressive rally in equity prices post-election, it appears as this newsletter has said in recent months that the markets are looking for the realities of Mr. Trumps promises and not just […]

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Mark Levy’s Economic Update-Wednesday, March 1, 2017

March 7th, 2017 by Legacy Wealth Planning

As I write this letter, the Dow 30 Industrial Average is up 300 points today and is trading over 21,000. The last few months have seen a historic rally in equity prices. Last night President Trump addressed Congress and today the concepts of lower taxes, less regulation, stronger military and fairness in trade is being […]

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Mark Levy’s Economic Update-Wednesday, January 25, 2017

January 30th, 2017 by Legacy Wealth Planning

At the time of this writing, the Dow 30 industrial Average today is trading above 20,000 for the first time in history. When I started in this business in 1986, I recall when the Dow 30 was trading above 1,500 for the first time. As I tell many clients in my office meetings, there will […]

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Mark Levy’s Economic Update- Wednesday November 9, 2016

November 14th, 2016 by Legacy Wealth Planning

Last night’s national election was like watching the World Series! It certainly went to the 10th inning of game seven just like the Cubs and Indians last month! I had to ultimately go to sleep last night and wake up at 2am to see who won. I know this is very emotional for many voters […]

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