Tyler Clary - Wealth Health Advisor

11/11/2024

For their patriotism and their service, for giving us something worth protecting today and a tomorrow worth planning for, I am deeply grateful for those who’ve served—and those who supported them. How will you show your gratitude this ?

10/28/2022

92% of people surveyed recognize that financial planning can help them move ahead with new life goals. If you’re ready to stop putting off your dreams, let’s talk about the next steps.

The 2022 Northwestern Mutual Great Realization survey shows how financial planning is helping people move ahead with big plans.

10/27/2022

Northwestern Mutual announced another record-breaking dividend payout of $6.8B. I’m proud to be part of a company that lets us share our success with our clients while maintaining financial strength so we can be there for them when they need us most. http://bit.ly/3Fkbkm3

08/22/2022

Your money should be growing as fast as they do. Let’s draw out some Xs and Os and get started on your financial game plan.

07/27/2022

⬇ ⬇

survey for June fell .8% from May and down a sharp 3.7% on annualized basis. Manufacturing activity weakened while prices paid hit lowest levels since March 2021, all signs of slowing economy and easing .

Let’s dive in 💦

LAST WEEK

🏢 Earning season continues and early trends show 72% of S&P 500 companies reporting better than expected earnings

🏡 fell to a 5.12million annualized pace in June, 5.4% lower than prior month

📋 hit average of 5.6% while applications fell to the lowest level in 2 years

💸 readings marked the lowest levels in 6 months, 47.5 for July down notably from 52.3 in June

THE WEEK AHEAD

📢 Monday: Chicago Fed releases national activity index

📢 Wednesday: The Federal Reserve releases statement following monthly meeting

📢 Thursday: US GDP for Q2, if this report produces another quarter of contraction, it would place the US in a technical recession

📢Friday: PCE from the US Commerce Department released

07/19/2022

⬇ ⬇

June’s reading drove headlines for the week with inflation coming in at 9.1% year-over-year. While data suggests is receding, we acknowledge the coming months will likely remain bumpy.

Let’s dive in 💦

LAST WEEK

🏢 has kicked off and quarterly reports are starting to be released from the nation’s top economic contributors

🏦 Large national and regional banks began reporting generally bullish views of the strength of the consumer with credit spending up nearly 15% year-over-year

📉 survey came in at 51.1, second lowest level in the history of the survey

⛽ continue to tumble and are off nearly 25% from peaks in mid-June

THE WEEK AHEAD

📢Monday: Home Builders Index released

📢Wednesday: Existing home sales and new homes data

📢Thursday: LEI survey along with the latest policy decisions on rate policy for Europe and Japan announced

📢Friday: S&P Global releases Flash Purchasing Manufacturers Index for July

07/12/2022

⬇ ⬇

While the back and forth on competing narratives may be head-spinning, it is all part of the bigger picture. No single data point tells the full story.

Let’s dive in 💦

LAST WEEK

👔 readings show continued growth in services with a June reading of 55.3, down from May’s 55.9

🤔 minus still stands at a healthy 9.4– this number typically turns negative right before a recession

📋 372,000 jobs added in June with downward revisions of 74,000 for May and April

📉 Unemployment remained at 3.6% while underlying data suggest the pace of job creation is slowing and wage pressure is easing

THE WEEK AHEAD

📢: Tuesday: Small Business Optimism Index for June

📢 Wednesday: for June

📢 Thursday: Producer Prices Index readings

📢 Friday: Preliminary July consumer sentiment report and 5-year economic expectations

07/06/2022

⬇ ⬇

🎆 Hope everyone had a safe and enjoyable 4th of July!

The latest twist on the economy has investors wondering if Fed’s efforts will result in scenario like the 1970s— triggered by high inflation with a contracting economy. The two factors playing the biggest role back then were: 1️⃣ Steady wage gains 2️⃣ consumers who believed the inflation would continue to rise.

Let’s dive in...

LAST WEEK

📉 price index showed an increase in easing 4.7% year-over-year in May and an overall slowdown in spending especially in goods purchasing

🏭 showed modest growth in production with a June reading of 53, down from 56.1 in May

📉 Manufacturers saw a decrease in input costs— lowest in 3 months

💰 on a national level ticked up to 5.4% in May up from 5.2% in April

THE WEEK AHEAD

📢 Tuesday: release

📢 Wednesday: ISM data release

📢 Friday: Jobs Report release

07/04/2022

"America was not built on fear. America was built on courage, on imagination, and an unbeatable determination to do the job at hand."
- President Harry S. Truman

06/28/2022

⬇ ⬇

Showing signs of a stabilizing economy. Major indices capped a solid week of gains while it seems investors have softened their views on how far the Fed will raise rates.

Let’s dive in 💦

LAST WEEK

📉 The Chicago Federal Reserve’s National Activity report showed lowest reading since Sept 2021

🏭 &PGlobalPurchasingIndex showed manufacturing input costs rising at slowest pace since April 2001

💰 While current wage growth is elevated and near 1970s levels, the median expected change in household income is just 1.1%

📉 survey finds consumer sentiment hitting lows not seen since 1978

🏡Existing home sales fell to 5.41 million well off the 6.49 million units in January 2022 showing signs that demand is cooling and prices are steadying or declining

THE WEEK AHEAD

📢 Monday: Durable Goods Orders for May

📢 Tuesday: Conference Board Consumer Confidence report

📢 Wednesday: PCE price index, personal income and spending data, and Bureau of Economic Analysis releases 3rd estimate of US GDP for Q1

📢 Friday: PMI released

06/23/2022

Are you expecting to be expecting?
👶 There are some very important items to consider while you're making this big decision.

Of course, there are the typical decisions like who your doctor will be and how you plan to deliver. But there are some other—less talked about—Items that should also be added to the list:

➡ Pregnancy and delivery are considered a
Familiarize yourself with all of the benefits offered to you by your employer. Become aware of the waiting periods for pregnancy, the portion of your income it will cover, and other eligibility and coverage requirements.

➡ Understand your PTO and FMLA
Be sure you check for paternity leave in addition to maternity leave. Some couples opt to take shifts on their leave—for example, Mom takes her full leave, and then we she goes back to work, Dad takes his to give the new addition the maximum amount of time at home with a parent.

➡ Having a baby is expensive.
Take time to understand your health insurance for yourself and your baby and budget for the costs in advance.

➡ Increase your
Having children comes with lots of unexpected costs. Make sure you increase your emergency fund accordingly.

Any other sage wisdom from my friends who have recently started their family?

06/21/2022

⬇ ⬇

raised rates 75 basis points while indices ended deep in negative territory last week. Mortgage rates have more than doubled since beginning of year hovering around 6% though rates are still low by historical standards. Supply and demand seem to be balancing which would lead to receding inflation in the coming months.

LAST WEEK

📈 US up 1.2% in May and 16.7% year-over-year

🚙 Motor Vehicle production climbed 2.6% and 16.3% from 2021 while still off from average pace of approx 11 million vehicles annually

🏡 Housing starts down 14.4% in May from April and down 3.5% year-over-year

🏭 Industrial production up .2% in May with a noteworthy increase of 6.2% since April and 57.2% year-over-year in oil and gas activity

📉 Order backlogs fell and supplier delivery times improved to the quickest pace in 15 and 22 months respectively

📉 Leading Economic Index reading declined 0.4% in May

🛍 Retail sales fell 0.3% in May while restaurants and bars (services) have seen a 16.8% increase year over year

THE WEEK AHEAD

📢 Tuesday: releases and existing home sales reported

📢 Thursday: US initial jobless claims

📢 Friday: Sentiment Survey released