Tim is a financial advisor with the experience and knowledge you can trust to provide smart solutions. Whether you’re an individual, small business, or company executive, he’ll set you up with a portfolio attuned to your unique financial needs.
Call Tim at 508-277-5847 or email tim.hayes@cambridgeresource.com for a free, no-obligation consultation and risk profile assessment.
This past December, after a 7% year-over-year inflation increase, Federal Reserve Chairman Jerome Powell reversed course. He declared that inflation was not transitory and laid out his plan for how the Fed would start fighting it.
Understanding how our banking and financial system works. Without this understanding, financial advisors walk around in the dark without a flashlight.
One of 2021’s biggest financial stories is the comeback of inflation. Inflation may be transitory, as the Federal Reserve has been stating, or more sinister, like the kind of increases that fueled the 1970s price movements.
You would think that with the stock market at an all-time high and interest rates at exceptionally low levels, the United States must have its financial house in order. Nothing, however, could be further from the truth.
For an economy to grow, it needs to increase consumption, investment, government spending, or exports. It does not need all four to increase, but together they must.
Yes. The amount of debt today is higher than it was before the financial crisis. Before the Great Recession, the total debt in the U.S.—that is, government, business, and personal debt combined—was $53 trillion. At the end of 2020, it had increased by 51% to $80 trillion.
Securities are offered through Cambridge Investment Research, Inc., a Broker-Dealer, member FINRA/SIPC. Investment advisory services are offered through Cambridge Investment Research Advisors, Inc., an SEC Registered Investment Adviser.
