Class Details

1 credit

Live CPA CPE, CFP CE, CIMA CE, and IAR CE
Tuesday, May 13, 2025

Fritz Meyer's latest perspective, including the 90-day US-China tariff agreement. 

No test required for CFP CE, CIMA CE, or CPA CPE. (Only live IAR CE requires a 10-question assessment, but it is easy to pass.) 

Comprehensive timely analysis of current U.S. economic and market conditions from an independent economist. 

Learning objectives:   

90-day U.S.-China Agreement Effects. A bit more clarity about 2025 GDP growth.

Analyze the Q1 2025 GDP contraction components.  Net exports made GDP negative despite solid domestic demand.

Evaluate mixed April economic data signals.  Strong jobs and sales offset weak ISM surveys and revised forecasts.

Assess the ongoing strength in housing and construction.  Shortages, rising employment, and spending show industry resilience.

Measure the consumer's role in sustaining GDP.  Spending remains strong, led by affluent and older Americans.

Track Federal Reserve policy and inflation trends.  The Fed is holding steady as inflation readings trend lower.

Compare recent GDP forecasts for near-term outlook.  Fed banks and economists expect growth despite tariff headwinds.

Explore the resilience and risks in the stock market. Market breadth widened as sentiment bottomed and earnings rose.

Understand earnings growth and valuation dynamics. S&P 500 EPS growth supports current but elevated P/E multiples.

Review the long-term U.S. debt and tax situation.  Deficits will rise but U.S. has room to raise revenue.

This course provides investment professionals with an in-depth analysis of current economic, market, and policy developments shaping the outlook for financial markets in mid-2025. Led by Fritz Meyer, the session explores the implications of “Liberation Day” tariff policy, Q1 GDP contraction, and key indicators including the good inflation report released today, retail sales, ISM data, and labor market trends. The resilience of consumer spending, the role of senior households in driving demand, and the market’s valuation in light of revised earnings forecasts and interest rate expectations are also addressed. 

Professionals gain a clear up-to-the-minute understanding of inflation dynamics, monetary policy direction, and fiscal sustainability concerns. 

Designed for IARs, CFP®s, CPAs, CIMAs®, and CFAs®, the class equips attendees to interpret macroeconomic signals and apply them to portfolio strategy and client communications.

Fritz Meyer, an independent economist, has taught on A4A monthly since March 2011. His monthly classes averaged a rating of 9.7 (out of 10) annually year after year. Before teaching on A4A, Fritz was senior strategist at one of the world's largest investment companies for over a decade. Since mid-2011, A4A members consistently rated Fritz Meyer’s CE/CPE presentations higher than 4.7 (out of five stars) every month. He has no product affiliations, and his classes are solely member-sponsored CE/CPE.

Learning Experience  
The class live is organized in five sections:

  1. Instructions
  2. LIVE Fritz Meyer presentation    
  3. Three polls for CPAs, IARs 
  4. IAR CE scored assessment
  5. Satisfaction survey  


Who Should Attend:
IA Reps, CFPs, EAs, CFAs, CPA financial planners, CPA/PFSs, CIMAs, CLUs, ChFCs, and other professionals who seek a deeper understanding of diversified portfolio strategies.

Cost:
Free to Advisors4Advisors members ($60/Qtr.)

Prerequisites: None
Advanced Preparation: None
Course Level: Update
Course Delivery Method: Live internet, and on-demand webinar replay
Field of study: Economics 

Class is being submitted to NASAA for approval as Products & Practices IAR CE and to CFP Board for CFP CE, IWI for CIMA CE, and NASBA for CPA CPE.  

Advisors4Advisors is approved as a CE provider by:

  • CFP Board, which regulates CE for Certified Financial Planners.  
  • North American Securities Administrators Association. NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are those of the instructor and do not necessarily reflect the views of NASAA or any of its member jurisdictions. The class is submitted for approval NASAA.  
  • National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) Self-Study Provider, enabling CPA CPE credit live and on-demand webinars. State boards of accountancy retain final authority on course acceptance. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors at www.nasbaregistry.org. 
  • Investments & Wealth Institute, enabling credit for CFP®, CIMA®, and CPWA® professionals. 

For information on administrative policies, such as refunds, cancellations and complaints, email [email protected].

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