The IRS announced that the federal income tax filing due date for 2020 individual tax returns has been automatically extended from April 15, 2021 to May 17, 2021.

We expect to see an increase in services spending in the coming months. In this video, Jason discusses the differences in economic recovery for goods versus services. Three drivers: economic stimulus, vaccine rollout, and service spending lagging.

Financial markets have anticipated this latest round of economic stimulus, as it has for vaccine rollout and jobs recovery trends. Largely these are questions of when and not if.

We discuss Powell's March 4th remarks and look at the employment and inflation metrics that guide the Fed's decision-making. The focus: how much of the economy is earning income, and at what speed and where is that income being spent

Not all bonds are the same. Short-term bonds for example have historically been less sensitive to interest rate swings than long-term bonds.

Rarely do investors experience an average rate of return. In fact, in the last 95 years, we have seen the average only six times. In this video, Jason discusses the highs and lows that bring us to a ten percent average. The takeaway: Have a plan.

Will we see a rapid increase in inflation in 2021?

Jason discusses the "output gap" and how it is currently acting as a deflationary force in the economy. We'll define the term and look back to the '80s to get some perspective.

Our main topic: January broad market results.
News Items: Vaccine optimism, Friday jobs report, and how to spend $5.5 million in 30 seconds.