There were a number of important economic data reports last week, with a focus on December’s inflation and retail sales reports. Retail sales came in well below expectations, as inflation and the Omicron variant weighed on spending during the month. This will be another busy week for updates, with a focus on the housing sector.
Commonwealth
Will We See a Supply Glut in 2022?
The year 2021 was all about supply shortages—from semiconductor chips to construction materials and everything in between. As supply chain logjams ease in 2022, some goods will get back to a normal balance. Others may swing to an oversupply. Sectors and industries that benefit from economic activity in which supply rises to meet demand may continue to reward investors in the near term. The business cycles for some companies may be at or near peak, however, so investors must watch for potential signs of a downturn.
A Preview of Q4 2021 Earnings
We are just starting earnings season, when companies will be reporting how much money they made in the fourth quarter of last year. This is always an important time, as stock values depend crucially on how much money companies make. But this season will be especially important.
Monthly Market Risk Update: January 2022
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk Update. Thanks for the assist, Sam!
Economic Risk Factor Update: January 2022
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam!
Monday Update: December job Growth Comes In Below Expectations
We received a number of important economic data releases last week, with a focus on business confidence, the international trade report, and the December jobs report. Fewer jobs than expected were added in December, although improvements to the household survey and participation rate caused the unemployment rate to fall notably to end the year. This week will be packed with updates, with reports to come on December inflation, retail sales, and industrial production, as well as consumer sentiment to start January.
Olivia has joined Riverstone Wealth Partners providing knowledge gained from her 15 plus years in management. Olivia has provided services within the financial industry, mortgage industry, and in the non-profit sector. Olivia thrives on providing stellar customer service, accomplishing all goals set before her, and doing the right thing. Olivia’s degree in Business Management allowed her to take on roles that ultimately led her to Riverstone Wealth Partners. Olivia is currently pursuing another degree with an emphasizes in Human Resources, which she has learned over time… is her passion!
Director of Operations
Ashley has been working in the customer service field since she started her first job at age 16. For the past ten years she worked in an office setting handling accounts payable and receivable as well as some receptionist work. She is very excited to learn more about the investment field.
Alec joined Riverstone after starting out his post college career on the operations side of an international logistics company working as an account executive. Graduating with a BA in Economics from the University of Illinois at Urbana-Champaign, he quickly developed a strong interest in the financial world. A lifetime resident of the Chicagoland area, Alec is an avid fan of his hometown sports teams. He is also an enthusiast of outdoor activities like fishing, camping, and hiking whenever possible.
Carol has a wide variety of experiences and has worked mainly with not-for-profit organizations. She spent 20 years in fundraising and 15 years teaching in the Illinois school system while she raised her younger children. Carol lives in Sugar Grove with her husband, Ron, and their Golden Retriever, Charley. She has four children and two grandchildren. When she’s not working, Carol enjoys spending time with friends and family, running, fishing, bible study, and watching her grandchildren play sports.
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor / Registered Principal
Wealth Advisor
Wealth Advisor Assistant
Registered Relationship Assistant