• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to secondary navigation
  • Skip to primary sidebar
  • Skip to footer

Before Header

Philadelphia Wealth & Asset Management Firm

wealth management

  • Why TBA?
    • Why Tower Bridge Advisors?
    • FAQs
  • Who We Serve
    • Individuals & Families
    • Financial Advisors
    • Institutions & Consultants
    • Medical & Dental Professionals
  • People
    • Maris A. Ogg, CFA® – President
    • James M. Meyer, CFA® – Principal & CIO
    • Robert T. Whalen – Principal
    • Nicholas R. Filippo – VP, Sales & Marketing
    • Jeffrey Kachel – CFO, Principal & CTO
    • James T. Vogt – Senior Portfolio Manager
    • Chad M. Imgrund – Sr. Research Analyst
    • Christopher E. Gildea – Sr. Portfolio Mgr.
    • Daniel P. Rodan – Sr. Portfolio Mgr.
    • Christopher M. Crooks, CFA®, CFP® – Senior Portfolio Manager
    • Michael J. Adams – Senior Portfolio Manager
  • Wealth Management
    • How to Select the Best Wealth Management Firms
  • Process
    • Financial Planning
    • Process – Equities
    • Process – Fixed Income
  • Client Service
  • News
    • Market Commentary
  • Video
    • Economic Updates
  • Contact
  • Click to Call: 610.260.2200
  • Send A Message
  • Why TBA?
    • Why Tower Bridge Advisors?
    • FAQs
  • Services
    • Individuals & Families
    • Financial Advisors
    • Institutions & Consultants
    • Medical & Dental Professionals
  • People
    • Maris A. Ogg, CFA®
    • James M. Meyer, CFA – Principal & CIO
    • Raymond F. Reed, CFA – Principal
    • Robert T. Whalen – Principal
    • Nicholas R. Filippo – VP, Sales & Marketing
    • Jeffrey Kachel – CFO, Principal & CTO
    • James T. Vogt – Senior Portfolio Manager
    • Chad M. Imgrund – Sr. Research Analyst
    • Christopher E. Gildea – Sr. Portfolio Mgr.
    • Daniel P. Rodan – Sr. Portfolio Mgr.
  • Wealth Management
  • Our Process
    • Financial Planning
    • Process: Equities
    • Process – Fixed Income
  • Client Service
  • News
    • News & Resources
    • Market Commentary
  • Videos
    • Economic Updates
  • Contact
wealth management

Jim Vogt

May 2021 Economic Update – “A Look Ahead”

//  by Tower Bridge Advisors

Market Outlook, Tower Bridge Advisors, Jim Vogt, Philadelphia Wealth & Asset Management, Economic Update, Inflation and Corporate Earnings Investment Markets, Cryptocurrency Portfolio

Interest rates, inflation and corporate earnings are key indicators of the health of the economy and the trajectory of the investment markets. In this video, Co-Chief Investment Officer Jim Vogt discusses the current state of the economy and the outlook for the months ahead.  

May 2021 Economic Update – “A Look Ahead”Read More

Primary Sidebar

Market Commentary

Sign Me Up!

Latest News

  • September 15, 2021 – The Delta variant and ongoing supply chain disruptions continue to create havoc. For the first time since the pandemic began, analysts are starting to reduce earnings expectations. Meanwhile, it is full speed ahead in Washington trying to push a $3.5 trillion spending package through Congress. With only a little over $2 trillion in taxes on the table, the obvious result would be a further explosion in debt.
  • September 13, 2021 – House tax proposals do not seem as onerous as President Biden’s earlier request. Assuming the $3.5 trillion spending target is lowered before passage, further moderation of tax requests is likely. Separately, markets are looking ahead to next week’s FOMC meeting where the roadmap for bond purchase tapering will be the prime topic.
  • September 10, 2021 – Interest rates continue to meander at historically low levels. Once in a generation stimulus measures, global GDP expansion, and inflation spikes should force yields higher. Debt ceiling limits have slowed Treasury issuance, but what happens next could be the catalyst to get back to something closer to “normal” in bond land. Implications are far and wide.
  • September 8, 2021 – Disruptions of supply chains and the impact of the Delta variant may be starting to give investors jitters. Over the next two weeks, headlines will be filled with details of the President’s huge spending and tax plans. Investors are unlikely to enjoy that either. The Fed is still buying bonds and the economy is still growing, but markets look ready to take a rest. Any decline should be viewed as a correction, not an end to the bull market.
  • September 1, 2021 – There is a lot of turmoil around the world today, but most has only modest economic impact. Even Ida’s devastation has had little impact on oil markets. We enter a quiet zone after Friday’s employment report. The key events to watch in September are the FOMC meeting culminating on the 22nd, and details of the Biden tax proposals due in a couple of weeks or less.
  • August 30, 2021 – Fed Chairman Jerome Powell on Friday signaled a start of tapering before the end of the year. At the same time, he indicated that any hike in the Federal Funds rate is likely a long way off. It is a message markets wanted to hear. It is also predicated on his belief that current inflationary pressures are transient.
  • August 27, 2021 – A long-awaited speech by Chairman Powell is set to dominate market activity today. Interest rates rose this week in anticipation of a dovish tone. That, and more spending plans, put Modern Monetary Theory to the test.
  • August 25, 2021 – Stocks rose for the third straight session as signs appear the Delta variant may be near its peak, and interest rates remain stable in front of the Federal Reserve’s Jackson Hole meeting later this week. Moderation of both growth and inflation suggest that the tapering of bond purchases likely will be deferred until later this Fall.
  • August 23, 2021 – Transitions bring volatility. We saw that last week. With several major Federal Reserve events over the next month and little in the way of news coming for several weeks, the seeds are set for more volatility until we get to third quarter earnings season.
  • August 20, 2021 – A tapering timeline gets closer and closer by the day. Although Fed Funds will remain at zero and real rates (after backing out inflation) are quite negative, tapering is a form of tightening. This, among other concerns, hits stocks that are priced for perfection. Leadership is weakening after rotating from sector to sector since the pandemic began.

Footer

Wealth Management Services

  • Individuals & Families
  • Financial Advisors
  • Institutions & Consultants
  • Medical & Dental Professionals

Important Links

  • ADV II & CRS
  • Privacy Policy

Tower Bridge Advisors, a Philadelphia Wealth and Asset Management firm, is registered with the SEC as a Registered Investment Advisor.

Portfolio Review

Is your portfolio constructed to meet your current and future needs? Contact us today to set up a complimentary portfolio review, using our sophisticated portfolio analysis system.

Contact

Copyright © 2021 Tower Bridge Advisors
Philadelphia Wealth & Asset Management, Registered Investment Advisors

101 West Elm Street, Suite 355
Conshohocken, PA 19428
Phone: 610.260.2200
Toll Free: 866.959.2200

  • Why Tower Bridge Advisors?
  • Investment Services
  • Our Team
  • Wealth Management
  • Investment Process
  • Client Service
  • News
  • Market Commentary
  • Economic Update Videos
  • Contact