Elliot H. Kallen

Financial Planner, Wealth Manager, Registered Principal
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Fed Shatters Conventional Economic Wisdom

Conventional economic wisdom holds that the record-low unemployment rate will cause employers to bid up wages, which then will be passed through to consumers in the form of higher prices, triggering rising inflation.
However, conventional wisdom is being shattered.
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Four New Signs Point To Economic Strength

In the news affecting your wealth, four good signs are currently pointing to continued economic growth for 2018.
Business-owner optimism has remained near an all-time high since the November 2016 election.
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Are You Better Off Than 10 Years Ago ?

The progress of humanity moves inexorably slowly, but there is irrefutable evidence that Americans are better off than they were 10 years ago — about 20% better off.
Real disposable personal income grew at an average annual rate of 2.2% since the end of the last recession.
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Stock Market Is Unfazed By Russia Indictment, Displaying What Makes America Great

On Friday, February 16, at about 1 p.m., a 37-page indictment alleging a criminal conspiracy by Russian agents to meddle in the 2016 U.S. presidential election was posted on the website of the U.S. Justice Department.
What’s lost in the headlines is that faith in the nation, as measured by the stock market, remained unshaken; stock prices barely budged, displaying what makes America great.
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If You Had The Power Of Perfect Knowledge

If you had the power of perfect knowledge — the power to predict which one of twelve types of investments representing a wide range of assets was going to be number one every year for each of the 15 years from 2002 through 2016 — you would have averaged a 29.9% annual return.
Of course, no one has the power to predict which investments will be number one every year.
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Market Data

Market DataBank: 1Q 2018

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