Read the weekly economic commentary from Chief Economist Scott Brown.
January 4, 2019
Financial market volatility remained elevated in the first few days of 2019, but it’s much more palatable when it is to the upside. Market participants remained concerned about a number of issues (global growth, trade policy, dysfunction in Washington), and fear remains a key factor in the outlook. Whether that fear abates or intensifies will tell the tale.
The employment report is composed of two separate surveys. The establishment survey (which covers 149,000 businesses and about 651,000 individual worksites) generates estimates of payrolls, wages, and hours. The household survey (of some 60,000 eligible households) yields reasonable estimates of the unemployment rate and labor force participation but terrible estimates of the monthly level of employment. The establishment survey covers the pay period that includes the 12th of the month (which can vary from firm to firm). The household survey is taken during the week of the 12th. The December Employment Report included annual benchmark revisions to the household survey data, but this was a very mild revision. The annual benchmark revisions to the establishment survey data (which ties the payroll estimate to actual payroll tax receipts) will be released next month, but early indications from the Bureau of Labor Statistics suggest that this will be a relatively modest revision.
With the holiday season in full swing J Singleton Financial wanted to spread some holiday cheer to the residents and families at Jackson’s local nonprofit, Community Safety Network. CSN supports lasting change in the lives of those affected by domestic violence, sexual assault, and stalking.
We asked the residents to compile a list of their Christmas wishes and we checked it twice! The JSF team spent one afternoon wrapping the presents with some of us learning to wrap for the first time. Another afternoon was spent as Santa’s elves delivering everything to Andy Cavallaro and the rest of the CSN staff.
The JSF Team is so grateful to be given the opportunity to collaborate with everyone at Community Safety Network and will cherish this memory. We hope we were able to brighten the holiday season for those currently residing at CSN the way they were able to brighten ours!
The JSF Team
Raymond James is not affiliated and does not endorse the Community Safety Network.
https://jsingletonfinancial.com/wp-content/uploads/2018/12/Team-with-presents-edit-2.jpg22463994Hadyn.Peery@raymondjames.comhttps://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.pngHadyn.Peery@raymondjames.com2018-12-21 14:12:062020-06-25 16:37:56‘Tis the Season to be Giving
Larry Adam, CFA, CIMA, CFP, Chief Investment Officer, PCG
Why have the markets been so volatile lately? Chief Investment Officer Larry Adam shares his thoughts about the recent market activity.
December 10, 2018
Times of market volatility often bring feelings of apprehension and uncertainty which makes it all the more important to take stock of the underlying market data. The below piece from our Chief Investment Officer Larry Adam does just that.
https://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.png00Hadyn.Peery@raymondjames.comhttps://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.pngHadyn.Peery@raymondjames.com2018-12-10 15:09:102019-08-21 13:21:35THOUGHTS ON THE MARKET
With open enrollment season upon us, ask yourself a few questions to make sure you’re getting the most from Medicare.
October 4, 2018
Medicare’s open enrollment season is upon us. That means between October 15 and December 7, you are able to make changes to your Medicare Advantage and prescription drug coverage.
During this time, you can change from Original Medicare to a Medicare Advantage plan or vice-versa or switch from one Medicare Advantage Plan to another Medicare Advantage Plan. You can also join a Medicare advantage or Medicare prescription drug plan for the first time or drop your drug coverage completely.
Even if you’re satisfied with your current plan, open enrollment presents a great opportunity to make sure you’re getting the most out of Medicare. Every year you should compare your current plan to other plans in your area in case another plan offers better health and/or drug coverage at more affordable prices.
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Learn more about how savings contributions affect your student’s financial aid eligibility.
September 5, 2018
As you save for a child’s or grandchild’s future education, you might wonder what impact that saving will have on their chances of qualifying for financial aid. There are several types of financial aid (federal, state and institutional), but federal aid is the most widely dispersed and is based solely on financial need.
https://jsingletonfinancial.com/wp-content/uploads/2018/09/College-Savings.jpg300950Hadyn.Peery@raymondjames.comhttps://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.pngHadyn.Peery@raymondjames.com2018-09-14 08:20:532020-06-25 16:40:17How Do College Savings Affect Aid Eligibility?
These versatile savings accounts might be the estate planning vehicle you need to learn about.
August 29, 2018
Sure, most of us associate 529 accounts as college-saving vehicles. They’re flexible, allowing you to transfer assets to anyone, including yourself, for the express purpose of furthering the education of your beneficiary. But did you know that a 529 can be a powerful estate planning tool, too?
Early on in my career one of my mentors pressed upon me the importance of giving back. That advice has continued to pay dividends throughout my 24+ year financial career. The joy and fulfillment received in helping others remains one of my fundamental drivers. Furthermore, this giving back mentality is also shared with our partner – Raymond James Financial. Each year Raymond James dedicates the month of August to giving back and challenges all of its employees and partners to participate. Challenge accepted!
This month the JSF team volunteered at Teton Literacy Center. Hopefully you already know about this wonderful organization providing after school enrichment clubs, summer camps, tutoring, and family literacy programming – all at zero cost to their clients. I have listed their website below if you want to find out more about how they continue to make Jackson Hole a better place.
Last Thursday afternoon our office purchased the entire back to school supply list for all of TLC’s summer camp students. We set up a store of the supplies and then passed them out to the excited students. Seeing the children’s enthusiasm for learning was by far my favorite take away. Organizing events like this take a great deal of work and I would like to personally thank Laura Soltau – Executive Director, Kristin Livingstone – Associate Director, and the entire Teton Literacy Staff for helping make the afternoon possible.
Raymond James is not affiliated with Teton Literacy Center, Laura Soltau or Kristin Livingston.
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As the number of cyber breaches increases, efforts to safeguard your business should increase, too.
August 1, 2018
A recent report on data breaches says that 58% of malware attack victims are categorized as small businesses. And the attacks are increasing: 61% of small businesses have experienced a cyber breach in the past 12 months – up from 55% in 2016.
With this kind of data, it’s no wonder that the MAIN STREET (Making Available Information Now to Strengthen Trust and Resilience and Enhance Enterprise Technology) Cybersecurity Act of 2017 has been proposed. Once law, it will require the National Institute of Standards and Technology (NIST) to provide cybersecurity resources specifically geared for small businesses.
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At J Singleton Financial, located in Jackson, Wyoming, our team provides our clients the information they may need to choose the most suitable investment products and services for their specific financial needs, including asset management, retirement plans, trust services, managed accounts, 401(k) plans, life insurance and more.
J Singleton Financial
170 E Broadway Suite 100D
P.O. Box 508
Jackson, WY 83001