Broker Check
A Summer to Enjoy

A Summer to Enjoy

June 08, 2021

Over Memorial Day weekend, gasoline prices hit the highest for this holiday weekend since 2014.1

With the Colonial Pipeline outage in the rear-view mirror and an ever-increasing number of adults vaccinated, formerly cooped-up motorists made the most of what America has to offer. The average price jumped to $3.04 per gallon ($1.08 higher than last year’s lockdown prices) and oil prices have continued to demonstrate high demand in the week following. The Wall Street Journal noted a two-year peak on June 1, indicating prices exceeding 2019’s records.1,2

These new peaks are a sure sign that things in America are returning to something like a pre-COVID normal. While there’s still a way to go, these indicators point to something like the world we once knew.

While we’ll all miss the cheaper prices at the gas pump, it stands to reason that as we begin to emerge from this unprecedented period, that there’s a summer out there to be enjoyed.

The U.S. added 559,000 jobs in May, adding to hope about the economic recovery.
Many employers report having trouble finding applicants. Economists say the labor market may simply need time to get sorted...
Biden Will Review Student Loan Forgiveness—Here Are 5 Potential Changes
Here's what it means for your student loans.
IRS sends out letters now about the new Child Tax Credit
More than 36 million families will start receiving letters from the Internal Revenue Service about receiving monthly Child...

1., May 27, 2021
2. Wall Street Journal, June 1, 2021