Markets Continue to Rise… But For How Much Longer?
Markets Continue to Rise… But How Much Longer? Election Process to Begin Shortly! Fun Stuff! Today the markets will not rise or fall. The markets are closed to celebrate the Life and Achievements of Martin Luther King Jr., a civil rights leader well-known for his contribution to ending racial segregation and for racial equality. It’s […]
Markets Continue to Rise As China Phase 1 Trade Deal to be Signed!
On Wednesday January 15th, the United States and China are scheduled to ink a Phase 1 Trade Deal, that may increase global business confidence. The deal includes a roll back of a previous tariff increase from 15% to 7.5%, and the official cancellation of last December’s scheduled new 15% tariff. Also included, will be promises […]
Equities Continue to Melt Higher… and What Happens If We Get A Trade Deal?
No surprise hear, that with the talk of a possible trade deal, markets continue to rise. For the week, the Dow Jones Industrial Average moved higher by 1.24%, the S&P 500 .94%. The Nasdaq Composite increased .77% however the small cap Russell 2000 took a small step back, down .10%. Over the pond, stocks didn’t […]
Market Banking on a Trade Deal & Medicare Part B – 6.7% Premium Hike!
The US Stock Market continues to melt higher anticipating a Phase 1 Trade Deal with China. As we are unaware of the details, the market is anticipating with a trade deal, Corporate America will get off the sidelines and Corporate Earnings will again re-ignite. Argus research has reported that the overall decline in 3rd quarter […]
Markets Down for 3rd Week & US Manufacturing Data
Markets Down for 3rd Week Last week brought in a bit of volatility as the 2nd straight month of a weak Manufacturing report sent the S&P 500 down 3% between last Tuesday and Wednesday. The market was mostly saved for the week when last Friday’s employment data was weaker than expected, however that made market […]
Earnings Take Center Stage!
Earnings Take Center Stage! Fed Still in Spotlight Markets Hitting New Highs!! This week we begin the avalanche of Corporate Earnings reports beginning with the Banking Industry. After the minutes from last week’s Fed’s meeting and Chairman Powell’s testimony, it is widely believed a rate cut, or 2 or 3, is in the bag! […]
Required Minimum Distributions (RMD)…Postponement/The Exception/The Calculation…Aggregation/Penalties/Planning
Required Minimum Distributions (RMD) Postponement/The Exception The Calculation Aggregation/Penalties/Planning The rules for Required Minimum Distributions (RMD) need to be clearly understood to avoid paying unwanted and unnecessary penalties to our friends at the Internal Revenue Service. This is a quick guide of the rules, however please be sure to discuss the […]