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August 2013 Monthly Recap

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We trust you had a nice Labor Day weekend with family and friends!

Starting October 1st, you’ll be able to enroll in the new Health Insurance Marketplace created as a result of the Affordable Care Act. Click Here to learn more for your individual situation. If you’re inquiring for your business, Click Here.

Enjoy our monthly newsletter.

Best Wishes,
The Beacon Hill Team

Dog Days of Summer

Equities melted like ice cream in August. Renewed fears of Fed tapering, anxiety about the prospect of a U.S. military strike in the Middle East, and the potential for an eventful September combined to raise investor unease. (Read More)

Economic Perspective

  • GDP grew 2.5% annualized in Q2..more than previously thought.
  • Unemployment fell to 7.4% in July
  • 30-year fixed hits 2-year high at 4.58%
  • Consumer inflation rose .2% in July
  • U.S. manufacturers saw accelerating growth in July
  • FOMC decided not to cut bond purchases in Aug (Read More)

Famous People Failing To Plan

It’s almost impossible to overstate the importance of estate planning, regardless of the size or your stage in life… (Read More)

Is College Debt The Next Bubble?

Implications of student loan debt are ominous; both for students & the economy. (Read More)

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