Newsletter Issue: Vol 10 Issue 7
July 2021
Considering a Move for Retirement -
How Do You Know You Are Ready?
Want to rethink where you live? In April, Zillow’s 2021 Mover Report found that more than 1 in 10 Americans (11%) say they moved in the past year. Also a significant number of homeowners say they’re more likely to move and sell their home because of the pandemic, representing an additional 8 million households. Marketwatch examines this question.
The Cryptocurrency Conundrum
Recently, you may have seen a number of major cryptocurrencies fall thanks to a continuing sell-off that began last week. In fact, over $250 billion was lost in the crypto market alone. It is more important than ever to be aware of your risk tolerance.
Economic Lessons from Used-Car Inflation
Inflation is defined as the general upward price movement of goods and services in an economy. The key word is “general.” Inflation tends to be uneven and affects the price of some items more than others. If you’ve been in the market for a used car, you’ve learned a critical economic lesson about the “uneven” side of inflation. 
Monthly Economic Update
The May Consumer Price Index came in above expectations. Prices increased by 5 percent for the year-over-year period—the fastest rate in nearly 13 years. Despite the surprise, markets rallied on the news. Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.
Symphony Financial
Office: 703-865-4092
Fax: 703-865-4096
Registered Representatives. Securities offered
through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representatives, Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor. Cambridge and Symphony are not affiliated.