With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery.
In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans have had at least one injection.1
That confidence is starting to work its way into the economy as more people feel safer venturing out and making plans for the future.
Over Memorial Day weekend, one major hotel chain said that travel demand surged. The company notched a record-breaking number of bookings on Saturday over the holiday weekend. A North American movie theatre operator reported $100 million in ticket sales over the weekend, the best performance since the start of the pandemic. And a contemporary circus producer said ticket sales are double-digits higher than there were before the pandemic.2,3,4
Are you feeling more confident about your personal recovery? We’d welcome the chance to hear about any spontaneous plans you created over the holiday weekend. But if you still have reservations, we understand. The pandemic changes were far-reaching, and we expect people will recover at their own pace.
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As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA) Act was passed at the end of 2020 and has changed some of the qualifications for students to receive financial aid.
The real rate of return is an important personal finance concept to understand. And it goes hand-in-hand with the rate of inflation. It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power with your money.
Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0.
If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022. Preliminary COLA Social Security estimates call for a 4.7% cost-of-living increase (COLA) in Social Security benefits next year, which would be the highest since 2009. Benefits rose 1.3% … Continue reading “A COLA With Your Social Security?”
With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery. In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans have had at least one injection.1
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