Newsletter Issue: Vol 10 Issue 9
September 2021
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A 6.1% Bump in Social Security?
It’s all about inflation. Social Security cost of living adjustments (COLA) are based on the consumer price index, which rose 5.4% in June.
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Call for Debt Ceiling to be Raised
Treasury Secretary, Janet Yellen has called on congressional leaders to raise the debt ceiling out of concern of the U.S. being unable to pay its debts. Axios has the story 
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Monthly Economic Update
August recap: Stocks rallied, fueled by an improving labor market, and strong corporate earnings. With 98 percent of companies in the S&P 500 index reporting, 89 percent beat Wall Street consensus estimates by an average of 17.7 percent. For many market observers, the Fed appears to be signaling that its September meeting may lead to changes in language and policy. 
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