STOCK MARKETS – Bad News…SOCIAL SECURITY & MEDICARE – Good News

 STOCK MARKETS – Bad News  SOCIAL SECURITY & MEDICARE – Good News   Rising Interest rates along with trade tensions pushed the markets lower for the week. The Dow Jones Industrial Average was down (4.08%), the S&P500 down (4.18%), the Russell Small Cap Index off (5.22%) and the Nasdaq Composite losing the least, down (3.74%). […]

Interest Rates, the Fed, Unemployment Dent the Markets

Interest Rates, the Fed, Unemployment Dent the Markets   Longer dated US Treasuries moved up sharply after reports on unemployment and comments by our Federal Reserve Chairperson, Jerome Powell.   For the week, the S&P 500 was down (.40%), the Nasdaq Composite down (3.21%), the Small Cap Russell 2000 down (3.78%), while the Dow almost […]

4th Quarter Begins! NAFTA, Musk, Earnings, GDP and More! *REVISED*

4th Quarter Begins! NAFTA, Musk, Earnings, GDP and More!     Today we kick off the 4th quarter of 2018. The 4th quarter has typically been the strongest season for stock market returns. If what’s happening this morning is an indication, we’ll be off to a good start. Interestingly last evening, I saw the futures […]

Tariffs, Mid-Term Elections, Judge Kavanaugh, Oil…All in the News!!

Tariffs, Mid-Term Elections, Judge Kavanaugh, Oil…All in the News!!     We certainly have our selection of reading material these days! This week we are placing 10% tariffs on $200 billion of imported Chinese Goods. China, in response is slapping tariffs on $60 billion of imported US Goods. In addition, the negotiations that were scheduled […]

Hurricane Florence and Tariffs, Do They Matter?

Hurricane Florence and Tariffs, Do they Matter?   We wish all those affected by Hurricane Florence a safe, organized and expeditious return to their normal lives. Watching the news over the weekend certainly made me feel very deeply for all those impacted.   The threat of the damage of the Hurricane along with the threat of imposing […]