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Answers & Observations

Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.

Year End Fireside Chat with David Edwards, President of Heron Wealth

David Edwards and Buff Parham presented a 30 minute overview of development over the past year in Economics and the Pandemic, and made projections about Stocks, Interest Rates, and Politics for the year to come:

 

WEBINAR REPLAY 

 

Brief look back at 2021

  • What's the one word you might use to describe 2021?

  • Which development of this past year will have the most impact on next year?

Prospective look forward to 2022

  • In keeping with our theme, what one word might be appropriate to describe 2022 at this point?

  • Is there a "great unknown" that we should anticipate for next year?

Economic outlook

  • Inflation seems to be persistent.  Any idea on what the CPI will look like come December 2022?

  • With the "Great Resignation" in full swing, will the job market continue to have more openings that can be filled?

Pandemic

  • Should we start looking at COVID as a "norm" of everyday life?

  • Do additional and more permanent mandates look inevitable?

Stock market outlook

  • The equity markets had a stellar 2021.  With the Fed changing course, can we expect the indexes to keep surging in 2022?

  • Are there any particular sectors that could be big winners next year?

Politics 

  • Any prediction on the midterm elections at this early point? 

  • Any significant impact on public opinion if the House Committee on January 6th starts holding public hearings in prime time early next year?