The strong gains of the second quarter and the first half of 2021 reflected continued government support for the economy combined with a material improvement in the domestic pandemic situation. Yet there may be a balancing act with the looming potential for longer-term inflation. Read the Newsletter
In the first quarter of 2021, there has been renewed hope for the post-pandemic world. Investors have been optimistic that financial recovery is on the horizon with robust consumer spending. On the other hand, interest rates are rising, and new plans are being implemented to overhaul infrastructure which may have implications on tax rates. Read [...]
It was as recent as late 2017 when bitcoin last enjoyed a meteoric rise with its price approaching $20,000 per coin in December. Following that peak, bitcoin has endured a series of ebbs and flows, bottoming in January 2019 at $3,450 per coin, but its price is once again rising. Since March 2020, bitcoin is [...]
Describing 2020 in one word would be “tumultuous”. COVID-19 spun life as we know into a tailspin and the financial markets were not immune to that. High debt for the country, inflation concerns, and Bitcoin booms are all on the radar moving into the new year. Read the Newsletter
This continues to be one of the most unpredictable years in recent memory, as markets remained strong in the third quarter despite a resurgence in coronavirus cases. Equity markets rallied thanks to a combination of accommodative Fed policy, hopes for a COVID-19 vaccine, and a stronger-than-expected economic rebound. Read the Newsletter
Beaumont receives this industry recognition for the fourth consecutive year Needham, MA (July 30, 2020) – Beaumont Financial Partners, LLC (“Beaumont”) today announced that it has been named to the 2020 Financial Times 300 Top Registered Investment Advisors. The list recognizes top independent RIA firms from across the United States. Beaumont was selected as one [...]
While only half over, 2020 has proved to be an unprecedented year thus far. The global pandemic seems to have changed our world forever. In this ever-changing world, one thing has not changed: our commitment to provide you sound, stable advice as we navigate these uncertain times together. We are happy to share our Q2 [...]
Together we are facing a truly unprecedented situation as the global COVID-19 pandemic impacts our way of life. We all understand that these are difficult times for everyone and hope to recover from this pandemic soon, as a stronger global community. As you stay safe at home, we are happy to share our Q1 2020 [...]
This update summarizes the developments of the most massive stimulus bill in American history, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act will provide billions of dollars of relief to individuals, businesses, state and local governments, and the health care system suffering the impact of the COVID‐19 coronavirus in the United [...]
A Health Savings Account (HSA) is among the most flexible tax-advantaged savings tools available today. Among the key attributes of HSA plans are that they provide their users the ability to save for future healthcare expenses and also provide another method to help investors save for their retirements in a tax-deferred way. What is a [...]