Blog

5 Reassuring Facts about Market Volatility

1) Volatility may be uncomfortable … but it’s normal.Just like muscle fatigue is part of any intense training program, volatility is an unavoidable part of the investment process as well. It’s easy for investors...

Midyear Outlook 2022: Navigating Turbulence

Markets rarely give us clear skies, and there are always threats to watch for on the horizon. But the right preparation, context, and support can help us navigate what lies ahead. So far, this year hasn’t seen a full-blown crisis...

Inflation at 41 years high but there is some good news....

Headline Inflation Jumps, Core Inflation CoolsHeadline inflation in May rose 8.6% from a year ago, accelerating from April’s 8.3% growth rate. The Consumer Price Index (CPI) rose to the highest year-over-year increase since...

Optimistic Sign In a Fear-Filled Market?

"Be fearful when others are greedy and greedy when others are fearful," according to legendary investor Warren Buffett. It's a great quote but complex advice to follow, especially in 2022 when stock prices are down double-digits. It...

Moderating Inflation Should Provide Boost in Consumer Confidence

Moderating Inflation Should Provide Boost in Consumer Confidence A slight moderation in inflation will likely provide some needed boost in consumer confidence but we may have to wait another month. The April inflation report was not as...

Daily Market Update: Ready, Set, Rate Hike

The Federal Reserve (Fed) concludes its two-day meeting today where the Committee is widely expected to raise the Fed funds rate by 50 basis points (0.50%), which would take the rate’s upper bound to 1.00%. Additionally, the...

Let's Talk About the Sell-Off

Stocks continue to move lower and volatility is high, but here are some talking points to help you with your concerned clients. The S&P 500 Index has corrected 13.0% so far in 2022. The average year (since 1980) has corrected 14.0%....

Outlook 2022 - Passing the Baton

Our resurgent economy grew at over a 6% pace in the first half of the year and is on track for 5% growth for the year when 2021 draws to a close. The current economic recovery, which started in May 2020, benefited from widespread...

A Dividend of Confidence

The most recent stats on corporate dividends suggest that global companies are bullish on the world’s economic recovery.Dividends paid to investors are on track to hit $1.4 trillion this year and are expected to stretch even...

Distracted America

Over the last year, many have seen their lives impacted by the COVID-19 pandemic. The ways in which we work, live, and communicate have drastically changed, to say the least.It’s difficult to predict what other aspects of life...

Mixed Signals on Inflation

Are you having a tough time keeping track of inflation's mixed signals? You’re not alone.Consumer prices in July climbed at their fastest rate since August 2008. Worse, producer prices, which can be an indicator of future price...

Tax Deadline Moved to May 17, 2021

It’s official; Tax Day has been delayed until May 17, 2021. U.S. News has everything you need to know: https://money.usnews.com/.../tax-deadline-2021-is-may-17...

Coronavirus Vaccines and the Economy

As the United States sees a rise in cases of COVID-19 across the nation, news of two promising vaccines out of hundreds being tested has offered a ray of hope for a fatigued world.1A positive reaction to these vaccines affects every...

Special Pre-Election Preview

Click Here for Special Pre-Election Preview..... https://www.youtube.com/watch?v=w6VLVJs9AgU&feature=emb_err_woyt

100 Market Signals and Counting

The S&P 500 sell-off and US dollar may be signaling an election winner, while the Fed signals for more stimulus. The S&P 500 sell-off and US dollar may be signaling an election winner, while the Fed signals for more stimulus.

The Most Powerful Force in US Politics

What do the distance to the sun and the US presidential election have in common? LPL Financial Research CIO Burt White talks about the impact the most powerful force in US politics can have on an election. Click Here for The Most...

LPL Street View: Let's Talk About Gold

LPL Financial Research Chief Market Strategist Ryan Detrick talks about why gold is at all-time highs and we’re bullish on gold. Click Here for LPL Street View: Let's Talk ABout Gold

LPL Research Midyear Outlook 2020 in Charts

LPL Financial Research Chief Market Strategist Ryan Detrick and Equity Strategist Jeffrey Buchbinder share LPL Research’s 2020 midyear outlook presentation and preview election 2020. Click Here For LPL Research Midyear Outlook...

A Paparrazzi View of PPP

LPL Financial Research CIO Burt White takes a look at the bigger picture of Congress’s small business rescue package, also called the Paycheck Protection Program or PPP. Click Here for The Paparrazzi View of PPP Video

Why Did God Create Economists?

LPL Research Senior Market Strategist Ryan Detrick talks about recent improvements in the economy and strong economic data. Click Here for 'Why Did God Create Economists video?'

Green Shoots in the Road Ahead

LPL Financial Chief Investment Officer Burt White takes a close look at recent economic activity and green shoots in the road to recovery. Click Here for "Green Shoots In The Road Ahead" Video

Are You Confused?

Stocks keep going higher, yet economic data remains near historically weak levels. Everyone seems confused. LPL Financial Research Senior Market Strategist Ryan Detrick explains what’s going on. Click Here for "Are You Confused?"...

Strength of Small Business Owners

Small businesses are the bedrock of the US economy, and LPL Research CIO Burt White explains how they may be turning near-term survival into eventual revival. Click here for Strength of Small Business Owners Video

Street View: Central Banks Are All In

LPL Financial Research Sr. Market Strategist Ryan Detrick says central banks have pledged to support global economies and bring back confidence and liquidity. Click Here for Street View: Central Banks Are All In Video

Gas Guzzling Contracts

LPL Financial Research CIO Burt White explains why current low demand for oil is about more than cheap gas prices--it's also about who controls oil production around the world. Click here for Gas Guzzling Contracts Video

Putting Things in Perspective

Stocks tend to lead the economy, and the stock market is saying potentially better times are ahead. Click Here for Putting Things in Perspective Video

Good Friday & Easter

In Observance of Good Friday, our office will be closed Friday, April 10, 2020 and we will reopen Monday, April 13, 2020 at 8:30 AM. We wish you and your loved ones a Happy Easter. Stay safe and healthy.

LPL Financial Coronavirus & Market Update

Hope you all are staying healthy and safe! Click Here for LPL Financial Coronavirus & Market Update

Is a Depression Coming?

LPL Financial Research Vice President and Senior Market Strategist Ryan Detrick discusses the continued COVID-19 crisis and concerns about a depression. Click Here for Is a Depression Coming Video

Really Big Numbers

LPL Financial Research CIO Burt White talks about recent big numbers, including 3 million jobless claims and the $2 trillion stimulus package. Click Here for the Really Big Numbers Video

LPL Financial Coronavirus Update

Hope you are staying safe and healthy. As promised, we want to keep you up to date with the most recent news/updates. Click Here for LPL Financial Coronavirus Update

Update!

LPL Financial and Harris Wealth Management has received the authorization to continue to operate our physical location at this time but we are not conducting any face to face meetings and our office is closed to the public. Our staff...

Road to Recovery Playbook

LPL Research Vice President and Sr. Market Strategist Ryan Detrick discusses 5 things LPL Research is watching to help determine the bottom of this equity market sell-off. Click Here for Road to Recovery Playbook

Effective Immediately!!

As per the orders by Governor Wolfe for the State of Pennsylvania our office is closed until further notice. All of our staff are continuing to work remotely to ensure we are servicing our clients the best that we can. We will make...

Harris Wealth Management is here for you!

Harris Wealth Management will be staying open and maintaining our regular office hours at this time as we are considered an essential business. We are currently not scheduling any face to face review meetings until after April 20th. If...

No Extension On Tax Filing Deadline

The Tax filing deadline has not been extended. All taxes at this time must be filed by April 15, 2020. The IRS has only extended the payment date if you owe any tax payments with your return and if you do, you have 90 days from April...

The Real Story Behind The Market Decline

LPL Financial Chief Investment Officer Burt White shares insights on the market decline and drivers. The Real Story Behind The Market Decline Video Click Here

Coronavirus Spreads to Global Markets

Coronavirus Spreads to Global Markets Video Click Here The coronavirus is spreading and global markets are selling off, but the U.S. consumer remains strong, and we're still in a bull market.

The Three C's

The Three C's Video Click Here LPL Financial Chief Investment Strategist John Lynch talks about complacency, coronavirus, and correction in the market.

Good News on Trade

Good News on Trade Video Click Here The U.S.-China phase-one trade agreement could be a positive step in the right direction for this economic expansion.

Street View: U.S. Equity Markets in 2020

Street View: U.S. Equity Markets in 2020 Video Click Here The U.S. equity markets entered 2020 fairly valued.

Street View Special Extended Edition: Outlook 2020

Street View Special Extended Edition: Outlook 2020 Video Click Here LPL Financial Research EVP and Chief Market Strategist John Lynch details our Outlook 2020 investment insights and market guidance in a client-friendly format,...

Merry Christmas!

In observance of Christmas, our office will be closed Tuesday, December 24, 2019 and Wednesday, December 25, 2019. We will reopen Thursday, December 26, 2019 at 8:30 AM. We wish you and your family a Merry Christmas.

Outlook 2020: Bringing Markets into Focus

Outlook 2020: Bringing Markets into Focus Video Click Here LPL Financial Research releases Outlook 2020: Bringing Markets into Focus with investment insights, market guidance, views on the elections, and forecasts for 2020.

Happy Thanksgiving

In Observance of Thanksgiving, our office will be closed Thursday, November 28, 2019 and Friday, November 29, 2019 and will reopen Monday, December 2, 2019. We wish you and your family a Happy Thanksgiving.

China Trade Update

CHINA TRADE UPDATE VIDEO CLICK HERE LPL Financial Senior Market Strategist Ryan Detrick shares perspectives on U.S.-China trade discussions.

Street View: Central Banks Are Back

Street View: Central Banks Are Back Video Click Here LPL Financial Chief Investment Strategist John Lynch talks about global central bank accommodations and financial markets maintaining near-record highs.

The Dog Days of Summer Have Arrived

The Dog Days of Summer Video Click Here LPL Financial Research Chief Investment Strategist John Lynch discusses market volatility, perspectives on the pullback, and the dog days of summer.

The Trade War with China is Taking Longer

Trade War Video Click Here The trade war with China is taking longer than expected. LPL Financial Research Chief Investment Strategist John Lynch shares perspectives.

The Outcome of the Recent Federal Reserve Meeting

Video To Watch LPL Financial Research Chief Investment Strategist John Lynch discusses the outcome of the recent Federal Reserve meeting and addresses investors' concerns.

2019 Director's Club

Contact: Edward J. Harris724-942-3300www.harriswm.com RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP ADVISORS McMurray, PA--July 11, 2019—Edward J. Harris, an independent LPL Financial advisor at Harris Wealth Management in...

2019 Five Star Wealth Manager ' 7 YEAR WINNER '

The Recent Bout of Market Volatility

Market Volatility Video-Click Here LPL Financial Research Chief Investment Strategist John Lynch comments on the effect of the China tariff battles on the recent bout of market volatility.

In Observance of New Year's Day

Harris Wealth Management will be closed Tuesday January 1, 2019 in observance of New Year's Day.

In Observance of Christmas

To spend time with our families this holiday season, our office will be closed on Monday, December 24th & Tuesday December 25th. We will reopen and resume normal business hours on Wednesday December 26th @ 8:30 AM. We wish you and your...

Honoring George H.W. Bush

The NYSE and NASDAQ stock markets will be closed Wednesday, December 5 to honor former President George H. W. Bush.

Election Update

Click link to watch election update video! LPL Research Midterm Perspectives LPL Financial Chief Investment Strategist John Lynch shares thoughts on policy, market, and economic implications.

LPL Research Market Volatility

A Must See LPL Video!! Volatility is also not to be feared, but embraced, as varying data points will cause bouts of market anxiety. But remember that fundamentals are still strong,”

Legacy Planning Seminar

If you or your family lost a loved one today, would you be prepared? Would you know what to do? Would you be able to pay for everything? If you answered 'No' to any of these questions....we have some answers and information for you. We...

Phone Outage Today

We are currently having phone issues due to a nationwide phone outage with Comcast. We apologize for any inconvenience this may have caused. If you need to get a hold of us please email myself or Jamie. We are hoping our phone lines...

Pittsburgh Symphony Steinberg Society

Ed was asked by the Pittsburgh Symphony to give a key note speech at the Pittsburgh Symphony Steinberg Society Brunch on May 20, 2018 at Heinz Hall. Ed’s topics were the ‘2018 Tax Law Changes’ and a brief discussion...

Latest Market Correction

Dear Valued Investor: After more than 18 months of nearly uninterrupted advances, the U.S. equity markets started declining last week, with a large sell-off on February 5, 2018. Although it is always difficult to endure these declines...

EQUIFAX BREACH

EQUIFAX BREACH: September 13, 2017 Last week, one of the big four credit reporting agencies, Equifax, announced it experienced a security breach resulting in criminals accessing personal information of approximately 143 million...

NEW EMPLOYEE: Jennifer Terwilliger

Director Of Client Relations & Marketing In this role, Jennifer will continue to nurture the personalized service we provide our existing clients, while taking full advantage of the popularity of social media and other marketing...

Our Team Helping the Community

LifeStyle Newsletter - Understanding 2016’s Higher Medicare Part B Premiums

Understanding 2016’s Higher Medicare Part B PremiumsOne-in-seven Medicare enrollees will pay higher Medicare Part B monthly premiums during 2016. Their premiums will be $121.80 each month, an increase of 16 percent. While...