S. Sid Ean

Statistics can be misleading and I always take issue with how statistics is presented. For example, the topic of inflation. We as consumers know and feel how cost of things have increased. Yet the report is inflation easing or come down. But has it?

Just did a quick calculation using bls.gov (https://data.bls.gov/cgi-bin/cpicalc.pl) October to October what $100 in [year] would you be able to buy today (buying power):
2003 (20Yrs): $60.13
2008 (15 Yrs): $70.39
2013 (10 Yrs): $75.91
2018 (5 Yrs): $82.20
2020 (3 Yrs): $84.63

Key takeaways:
-Over the course of 20 years inflation has increased 2.58% annually (October to October). It is higher than the Federal Reserve’s 2% annual target.

-Over the past 3 years it was 5.72% annualized, and year-over-year rate of 3.24%.

-We can argue why, the fact of the matter is the combination of policy and circumstances has created higher inflation, but if you exclude the last 3 years the annualized 20 year inflation rate was 2.04% (October 2000 to October 2023).

So the question is do think inflation is down? In absolute terms it’s a clear NO. Year-over-year is also NO as prices continue to increase albeit at a lower rate.

Lastly, how do you invest in this investment enviroment? Great question! It dependes on your personal risk, financial circumstances and goals not some cookie cutter portfolio model.

U.S. Bureau of Labor Statistics The Bureau of Labor Statistics is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics.

Focus is LPL’s annual national conference, which attracts over 10,000 advisors and staff from around the country. After two years of virtual conferences, our team is excited to be back in person for this informative and energizing event!

We are excited to announce this is the largest traveling contingent from LFA we’ve ever had, representing our continued commitment to professional development, and enhancing our client experience.

During our time at Focus, we will hear directly from thought leaders, earn continuing education credits, receive updates on laws and regulations, and learn how we can most effectively utilize LPL’s tools and technology.

We look forward to bringing this education and experience back to the rest of the team at LFA and to all our clients as we gear up for the second half of 2022.

Tale to two charts. (www.bls.gov)

Unemployment Rate is near pre-pandemic levels. Awesome! Unfortunately, labor force participation rate is not.

With everything costing more, with exception for a cost of a hot dog and drink at Costco, and talks of a recession in the U.S., it's a good time to reach out to your Financial advisor/planner/professional. Make sure to discuss steps forward and (re-)evaluate your financial plan/goals, risk and asset allocation. Your investment portfolio should be tailored to your unique goals and risk tolerance, not pegged into a pre-set model. Keep in mind, not having exposure to certain risk assets is also diversification as part of a strategic and/or tactical allocation portfolio strategy.

Although the Biden Administration thinks that the core CPI deceleration is a encouraging sign, a year over year rise in CPI of 5.4% and 4.3% for Core CPI 4.3% is not to be ignored.

Albeit may be a short-term event due to economies reopening, with the passed $3.5 Trillion Budget plan and $1 Trillion Infrastructure Bill by the US Senate would suggest that the trajectory of inflation growth is likely to continue.

What does that mean to your financial plans? It means that we need to re-evaluate the long-term assumptions to inflation in your financial plans and factor in for higher inflation.

12-month percentage change, Consumer Price Index, selected categories The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

S. Sid Ean updated their phone number.

S. Sid Ean updated their address.

Exciting news!!

I have officially moved our Norcal office to the Dallas/Fort Worth Area, City of Heath to be exact. Thank you to my wonderful clients and firm as I spear head a new region and better align myself to service my clients on both coasts.

How to Recover from an Unusual School Year http://31091.advisormailbox.com/637457068382889709

S. Sid Ean updated their business hours.