Below is a list of our most recent newsletters, if you would like to view any of our archived newsletters, please click here.
The first piece of news is to let you know that my daughter Elise M. Levy has joined us at Legacy Wealth Planning. Elise, Rose, and I have formed a partnership that will enhance what we can offer to our clients, and we will let you know about these upgrades as they evolve. Elise is […]
Wow, we have already passed the halfway point for 2021. It seemed a year ago that 2020 would never end and now the first six months of 2021 have flown by! Many of my clients and friends feel nervous these days. I’m not sure if it is the phone in all of our pockets letting […]
The big question today in the markets is about inflation. If inflation is real and prices on goods and services are rising, then the Federal Reserve (Fed) will back off its accommodative stance and interest rates will rise. Rising interest rates generally pressure stock prices to some degree as bonds with higher yields become an […]
The U.S. Economy’s recovery from the pandemic continues to surpass LPL Research’s expectations, aided by the accelerating vaccine distribution, massive stimulus, and America’s desire to resume some semblance of normal daily life. LPL Research raised its 2021 economic and earnings growth forecasts on February 8, and they are doing so again. They are raising – […]
First off, it is the time of year when I want to invite you to come into the office for an account review. To make an appointment, you simply go to our Legacy Wealth Planning website, click on the “Make an Appointment” tab and then click on Mark Levy. It will bring up my calendar […]
The New Year is here thank goodness. Everyone wants to put 2020 and COVID-19 behind us. The vaccine is being distributed (albeit slowly) and additional pharmaceutical manufacturers will be releasing more vaccines in the coming months. Hopefully, we will arrive at “herd immunity” soon (this summer?) and we can at that time return to somewhat […]
Well, the election is two weeks away with many voters making use of early voting and mail in Ballots. According to LPL, the stock market is more centered on COVID-19 cases and its effects on growth for the U.S. economy than on what happens in the election. Also, Speaker of the House Nancy Pelosi and […]
As of this morning, the Nasdaq Composite Index has made new highs recently, as has the S&P 500 Index. The Dow 30 Industrial Average is trading at 28,493, below its February high of 29,398. Looking ahead, LPL Research believes with the presidential election 2 months away that it is at this moment, a coin toss. […]
We are at the midpoint of 2020, and it would be an understatement to say it’s been a challenging year so far in the United States and around the world. We’ve faced health, social, and economic crises that continue to impact our communities and our economy. That’s why we’re looking ahead for new ways to […]
We are at the midpoint of 2020, and it would be an understatement to say it’s been a challenging year so far in the United States and around the world. We’ve faced health, social, and economic crises that continue to impact our communities and our economy. That’s why we’re looking ahead for new ways to […]
Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well, we’ve moved into what we might call the Great Disconnect. How can stocks have rebounded so strongly in the last month amid so much suffering and economic damage? […]
“We must live and function in the times we are in”. This is what I tell my friends and family, and it seems to help those who are close to me accept the Covid – 19 circumstances we are currently dealing with. Our Legacy Wealth Planning office has amended our normal hours to now be […]
The tough times that global markets were experiencing due to the spread of COVID-19 (coronavirus) worsened this past weekend as a price war between Saudi Arabia and Russia resulted in sharply declining oil prices. This combination of events is testing investors’ patience as we await a catalyst for a near-term recovery. We need to remember […]
Here is a newsletter written this morning by Burt White, Head of LPL Research, that brings into perspective what is happening now in the markets. Monday was a tough day in the stock market, with the S&P 500 Index down more than 3% as the number of coronavirus cases reported outside of China jumped. Monday’s […]
First, let me address a frequent question; “When will I receive my tax info from LPL”? The answer is the first batch of normal 1099’s will be sent out by LPL February 20th. If you own securities that generate foreign dividends as an example, that tax info can be expected in mid to later March […]
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