Financial and Economic Brief - February 1, 2021

by © Liberty Publishing, Inc.

How Option Trading Shocked “Short Selling” Institutional Traders

This is one story that has many of us scratching our heads and wondering; how can a group of small investors, using social media chat rooms, literally bring down the short selling strategy and trading algorithms of large Wall Street traders?

Part of the answer lies in how short selling works as well as how a group of small traders used options to exact a heavy toll on the Wall Street short traders.
more...

What Will be the Economic Impact of Shutting Down the Keystone XL Pipeline?

Now that President Biden has signed an Executive Order shutting down the Keystone XL Pipeline, many economists are beginning to evaluate how much impact it will have on jobs and the US Economy as well as climate change.

One irresistible question is this; just because the pipeline is being shut down, will Canada use various other transportation methods to move their oil, such as by rail, trucks and ships and not lose a step?
more...

The PPP “Second Draw” is Ramping Up and Small Businesses Need to Act Quickly

Congress has passed legislation that will provide an additional $284 Billion Dollars for small businesses. The Pandemic has certainly hurt many small businesses countrywide, and more specifically, restaurants in particular. The latter group will actually benefit to a larger extent because of the relentless devastation the hospitality industry has experienced since the start of Covid-19.

The Second Draw rules have changed slightly and it is important to file applications as early as possible.
more...

Latest News

Financial and Economic Brief - March 1, 2021

• The Bureau of Economic Analysis Spells it All Out - If you have ever wanted to find an informational foundation that provides complete analysis of several parts of the American economy, look no further.

• How Inflation Effects the Financial Condition of Your Life – At this point, we are frequently told that we should have very little concern about inflation and its impact on the economy.

• Growing Need for Long Term Care Insurance as Baby Boomers Enter Old Age. - Baby Boomers are realizing that they should have taken on an LTC insurance policy a decade ago.

Financial and Economic Brief - February 1, 2021

• How Option Trading Shocked “Short Selling” Institutional Traders - This is one story that has many of us scratching our heads and wondering; how can a group of small investors bring down large Wall Street traders?

• Economic Impact of Shutting down the Keystone XL Pipeline – Economists are evaluating the impact this shutdown will have on jobs, the US Economy and climate change.

• Small Businesses Need to Act Quickly for The PPP “Second Draw” - Congress has passed legislation that will provide an additional $284 Billion Dollars for small businesses.

Financial and Economic Brief - January 1, 2021

• Highlights of New Covid Stimulus Bill - The new legislation, signed on December 27, 2020, has something in it for everyone; and more may be coming!

• Migration Movement from City to Farm? – Many Americans believe that the Covid-19 Pandemic has caused many to uproot their families and move from cities to suburbs or rural countryside.

• Chances of an IRS audit? The IRS Releases the Numbers. - One of the most unsettling times in a person’s life is the dreaded IRS audit.

Financial and Economic Brief - December 1, 2020

• Dow Breaks 30K – Is There a Higher Limit? - Pundits predicted that it would be many years, if not decades, before the Dow would recover to highs prior to March of 2020.

• The Fed’s Impact on Mortgage Rates & Acquisition of MBS – In the past, the party line among bankers was that the Fed’s control of the money supply had little to do with long term mortgage rates.

• The New SECURE Act Changes Required Minimum Distributions at retirement age - You may need a complete review of your retirement strategy based on how the new legislation will affect your retirement strategy.

Request Information

Please let us know how we can serve you.




Contact Me

Beacon Financial Group, LLC

Cathy A. Jackson

535 N. Church Street, Suite 204
West Chester, PA 19380
ph: 484.844.7824
fax: 610.380.4714
CJackson@NEXTFinancial.com