Elliot H. Kallen

Financial Planner, Wealth Manager, Registered Principal
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Fed Chair We Remain In Extraordinary Times

Not since the 1950s, Federal Reserve Board Chair Jerome Powell said this past week, have inflation AND unemployment remained so low for so long.
The Fed chair’s economic forecast depicts a throwback to conditions seen only briefly in post-War history, and the latest data reinforces what Mr. Powell calls “a remarkably positive outlook.”
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CFA, CPA/PFS, CIMA®, And CFP® Professional Marketing

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Despite Distractions, Economic Data Boomed Last Week.

Despite all the distractions in the news, the U.S. economy’s resilience remains remarkably strong. 
Here are key fundamentals easily lost amid recent headlines dominating the news cycle.
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Protect Yourself Against Spearphishing

The Russian conspiracy to meddle in the 2016 presidential campaign relied on a common scam called “spearphishing.”
While the history-making scam may sound sophisticated, this form of digital fraud is running rampant.
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First Half Of 2018 Stock Investing Highlights

In the first half of 2018, large-company stocks in the Standard & Poor’s 500 index returned 1.7%, ending the quarter about 6% lower than January’s all-time high.
Small-company stocks in the Russell 2000 stock index returned 7%, while investors who bought into TV ads for gold and silver investments were sorely disappointed with their 4.3% loss in the first six months of the year.
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Market Data

Market DataBank: 2Q 2018

Contact Info

2333 San Ramon Valley Blvd.
Suite 200
San Ramon, CA 94583
Phone: 925-314-8500
Fax: 925-314-8504
elliot@prosperityfg.com

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