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Economics: GDP, a brief history of US Budget Deficits, and other economic trends

Last week on the SAS blog, we discussed Covid Relief and the Economy.

Client Newsletter 02/17/2021: Covid Relief Path and the Economy

Covid Relief Path and the Economy

Top Biden administration agenda items: first is the $1.9T Covid rescue package. The Democrats are moving ahead using a process called reconciliation that allows them to pass legislation with no Republican support. Just as the national recovery letter shape is a "K" so is the state/municipal recovery.

Consolidated Appropriations Act, providing more Coronavirus emergency response and relief

This week we have the historic 2nd impeachment trial beginning.

Fiscal Relief, Coastal City Exodus, and GameStop stock

Fiscal Relief 

Bipartisanship was tested in the discussions this week between a group of 10 Republican Senators and President Biden to discuss their proposal for fiscal relief.

Biden Administration, the Economy, the Market: Week 1, 2021

This is the first week in office for President Biden and Vice President Kamala Harris since their inauguration January 20th, 2021.

 

Inauguration Day 2021, Janet Yellen's Confirmation Hearing

Headlines

Wednesday, January 20th - today is inauguration day. There are enormous challenges facing the new administration. Managing the pandemic, reviving the economy for those who have suffered, racial justice, climate change and healing the divisions in our country. The goals are set high for the administration’s first 100 days.

Count Down to the Inauguration

I apologize for the unavoidable dark tone this week. We thought about revising last week’s newsletter in lieu of Wednesday’s violence at the Capitol building in Washington DC, but we figured the impact of this attempt to overthrow a free and fair election would continue in our discussions this week. And we were right.

A New Year Like No Other

A new year like no other in my lifetime. A long weekend like all the other weekends since the new year, let alone since the middle of March.

SAS Financial Advisors Wishes You A Happy New Year 2021

As we begin this week's newsletter there are 23 days left until the Biden inauguration. Rest assured, the political drama will continue. The fiscal relief act has been signed by President Trump after a bit of drama and some demands he made to increase the subsidy check sent to qualifying Americans and rid some of the typical “pork” in the bill.

New Stimulus and Transition

Hanukkah has passed and Christmas is upon us. We are in the final stretch of 2020! The Federal government is highlighted this week in many highs and lows.

 

Current Events

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