Independent · Transparent · Fiduciary
The Harvest Financial Team
Michael J. Meily,
ChFC®, CLU®, CASL®, RICP®
Managing Member
“When you have the right team, the right tools, and are fortunate to love what you do, and who you do it for, it never feels like work.”
David R. Baker
Partner
Investment Advisor Representative
Mark C. Pallack
Partner
Investment Advisor Representative
“It’s all about having choices and freedom.”
Donna M. Zidwick
Partner
Investment Advisor Representative
“Live each day like it’s your last. Tomorrow is not guaranteed.”
Tina Gallo
Chief Compliance Officer
“We can’t change the world unless we change ourselves.”
Ericka Melton
Director of Client Service
“We can’t change the world unless we change ourselves.”
Katherine Cole
Client Service Representative
“What? Like it’s hard?” – Elle Woods
Kimberly Thomas
Executive Assistant to Michael Meily
“To do more for the world than the world does for you – that is success.”
Beth Ann Ritter
Client Engagement Coordinator
Service Representative
Richard James
Portfolio Operations Manager
Ready to discuss your financial portfolio?
Finishing the Job on Inflation: No Soft Landing for the U.S. Economy?
With “soft landing” and “hard landing” being regularly tossed around the financial media, a profit recession may be on the horizon.
Recession Is Imminent, Corporate Profits at Risk, Credit Market Risk is Rising
Even if we don’t officially find out for months to come, the U.S. economy is already in, or on the precipice of recession.
Inflation: Hot and Sticky, Like the Dog Days of Summer
With inflation coming in above estimates, personal savings have been depleted in many middle and lower-income households. Real wage growth continues to trend negatively.

Perhaps only uncertainty is certain…and the U.S. has a looming debt issue.
In the first quarter of 2025, global financial markets experienced significant volatility, primarily driven by geopolitical tensions, trade policy shifts, and evolving monetary policies. The U.S. stock market faced substantial challenges due to the Trump administration’s implementation of broad tariffs on foreign imports. These measures sparked fears of inflation, reduced consumer confidence, and media chatter about the potential for recession, leading to a sharp sell-off in U.S. major market indices.

Finishing the Job on Inflation: No Soft Landing for the U.S. Economy?
With “soft landing” and “hard landing” being regularly tossed around the financial media, a profit recession may be on the horizon.