FIG - Update on U.S. Housing Market
Posted by Adam Gallegos on Mon, 08/24/2020 - 15:45
The following note from First Trust touches on:
1) Economic recovery
2) Homebuilders / starts
3) Tax impact of a Joe Biden win
I hope you find it interesting and you have a great week.
FIG - The Bottom Fell Out
Posted by Adam Gallegos on Mon, 07/27/2020 - 14:44
Hello from FIG HQ. We are staying healthy and hope the same for you and your loved ones. The link below will take you to a sobering calculation of Q2 GDP contraction estimated by Brian Wesbury, Chief Economist at First Trust. I'm not forwarding to dwell on the negative but to emphasize his optimism for Q3 and beyond. Let's hope he is correct and a sustained recovery is underway. Please give us a call if you'd like to discuss. Thanks, Adam
FIG - Federal Stimulus Debate
Posted by Adam Gallegos on Fri, 04/24/2020 - 14:55
Hello from our Shelter-in-Place to yours, anyone curious about the massive amount of Federal Stimulus being debated, approved, and distributed? The following article from Bloomberg breaks it down. As always, we look forward to the next opportunity to visit with you and discuss your financial goals. Until then, we wish you good health and safety. Warm regards, Adam
FIG - Housing Market Update
Posted by Adam Gallegos on Thu, 04/09/2020 - 14:28
Hello, I hope you and your loved ones are safe and healthy. We’ve received a number of inquiries about the coronavirus crisis’ economic impact on the housing market. The quick answer we’ve given is, “it’s too soon to know,” however, this article is well written and mirrors much of what we are thinking. As always, please don’t hesitate to let us know if there is anything we can do to help you or your family and friends. Stay well, Adam and the FIG team.
FIG - Covid-19 Update
Posted by Adam Gallegos on Tue, 03/24/2020 - 14:36
Hello, first and foremost, I hope this note finds you and your family safe and healthy during what I can only describe as the most extraordinary of times. We’ve connected with many of you over the last few weeks but as you know things are moving so quickly that I thought I’d share our latest thinking. Our office is open and staffed by one of us at all times, usually me. The rest of the FIG team: Paula, Julianna, Hiro, Greg, and Bob are each set up in their fully functional home offices. Our service and custodial providers, Commonwealth Financial and National Financial Services, are also open and equipped to serve you. In these uncertain times, we recognize that you look to us for timely updates, resources, portfolio decisions, and exceptional service; and to meet that expectation, we are available to you at your convenience via phone, email, and video conferencing. Please don’t hesitate to reach out to us with any questions or to discuss your specific situation.