Market Review and Outlook: 3Q 2021

Glass Jacobson Financial Group Investing, Economic Update Leave a Comment

Although global growth has slowed recently, the U.S. economy should fully recover from the pandemic during the first quarter of 2022. This will occur when actual GDP rises to the level of GDP forecasted by its long-term growth trend had the economy continued to expand instead of entering recession in the first quarter of 2020.

Market Review and Outlook: 2Q 2021

Market Review and Outlook: 2Q 2021

Glass Jacobson Financial Group Investing, Economic Update Leave a Comment

The second quarter’s economic surge encourages a full recovery to pre-pandemic GDP by the end of 2021. Additionally, the robust economic recovery belies difficulties in the labor market as jobs and unemployment both rise above expectations, and pent-up demand is driving inflation higher, which is certain to test the Fed’s rate targeting policy.

Celebrating National Financial Literacy Month

Byron T. Deese Personal Finance 3 Comments

April is celebrated as the Financial Literacy Month. This started back in 2004, when the U.S. Congress designated April as National Financial Literacy Month. Over the years, many federal and state agencies, credit unions, schools, nonprofit organizations, and socially conscious businesses started participating in this initiative to raise awareness about the importance of financial literacy education in the United States.

Maryland RELIEF Act for Individuals and Businesses

Glass Jacobson Financial Group Coronavirus Leave a Comment

Gov. Larry Hogan has signed the Recovery for the Economy, Livelihoods, Industries, Entrepreneurs, and Families (RELIEF) Act of 2021 into law. The RELIEF Act will now provide more than $1 billion in direct stimulus and tax relief for Maryland working families, small businesses, and those who have lost their jobs due to the COVID-19 pandemic.