Publications

November 24, 2021 | Economic and Financial Digest

A Christmas Wish: More Supply Please

The clouds over the U.S. economy are dissipating as one of two key constraints on activity is fading. Thanks to an improving health situation amid ramped-up vaccination efforts, people are traveling again, going to concerts and engaging in a host of social activities that were crushed over the summer months by the Delta variant. To […]

November 19, 2021 | eFocus @ Legacy, Investment Commentary

Asset Allocation Update

In this video, Connor O’Brien, a member of Legacy’s investment team, gives a brief economic and market overview that will provide justification for the recent asset allocation updates Legacy has implemented in our portfolios. If you are a Legacy client and have questions, please do not hesitate to contact your Legacy advisor. If you are […]

November 01, 2021 | Economic and Financial Digest

It’s Not Stagflation, But It Sure Is “M.E.S.S.I”

The U.S. economy is going through another rough patch, as supply shortages abound, workers are hard to find, and inflation is surging. Legislators are at loggerheads over the two major pieces of legislation that the White House is struggling to pass – the one trillion dollar infrastructure bill and a much larger reconciliation package (the […]

September 30, 2021 | Economic and Financial Digest

A Delta Detour

The U.S. economy is past its fastest growth phase, but like a marathoner it still has plenty in reserve to continue the run. Until the Delta variant reared its ugly head it was thought that conditions would have returned to normal by now, setting the stage for a robust second-half sprint that carried momentum into […]

August 31, 2021 | Economic and Financial Digest

Pandemic’s Lasting Effects: A More Productive Economy

The U.S. economy passed a key milestone in the second quarter as it more than recouped output lost during the COVID-induced recession. On the heels of a 6.5 percent increase, real GDP rose to $19.4 trillion in the April-June period, topping the $19.2 trillion that prevailed in the final quarter before the onset of the […]