New Sheriff in Town – Changes are Coming!
Markets Pause? The news of President Elect Biden’s new rescue $1.9 Trillion plan could not keep the markets moving higher last week. Perhaps, progress about the vaccine distribution process is starting to concern the markets a bit. The markets have been fixated on monetary (the Fed) and economic stimulus since 2009. More and more each […]
Light Blue Wave Impact/Bonds & Inflation/Markets Race Higher/TAXES!
Light Blue Wave Impact The term “Light Blue Wave” has been quickly labeled by the Media. The Democrats hold a slim majority in both the House and Senate. Many are suggesting the slim majority will lead to some compromise on policy going forward. The most common belief is we will now receive more stimulus, perhaps […]
Stimulus 2.0 is Here! / China- Important? / Happy New Year!
Stimulus 2.0 is here China- Important? Happy New Year Finally, after months of debate, Stimulus 2.0 is ready to go. Stimulus checks should be in process rather quickly. The stimulus includes $600 checks to eligible individuals, expansion of the Paycheck Protection Program for small businesses, Medical Expense Deduction hurdle made permanent, Charitable Contributions, Flexible Spending […]
Stocks Down-No Stimulus Yet & Info on Biden Income Tax Platform (GA)
Stocks Down – No Stimulus Yet Biden Income Tax Platform (Georgia) Stocks took a breather last week as the stimulus stalemate overshadowed the vaccine distribution plan that is creating optimism. It appears most of the stimulus debate is in the details, and not the size. Let’s hope this gets done ASAP, as we currently have […]
Stock Market and Biden/Employment Data will Matter/2021 Tax Chart
Stock Market and Biden Employment Data will Matter 2021 Tax Chart I think it’s safe to say, President-Elect Joe Biden will be our next president, barring something even more significant than a completed “Hail-Mary” pass. Stock markets certainly can be influenced by politics however, as of now, the markets have no issue with the changing […]
WOW! And Not the Election
WOW! And Not the Election! Futures this morning are SOARING, as Pfizer and BioNTech announced a Covid-19 vaccine efficacy rate above 90% after the 2nd of 2 doses. It’s suggested that protection is achieved 28 days after the initial vaccination. Let’s all hope this is the beginning of the end of this mess! It’s no […]
Our Economic Reality…
Markets Take It on the Chin Not too many places to hide last week as stocks and bonds lost value. All US Stock Market Indexes fell over 5%, as did International Stocks. Our 10 Year US Treasury finished the week with the yield rising to .86%, the highest since June. Is the reason the upcoming […]
Markets Bumpy…, Can’t Imagine Why?
I’ve been asked frequently over the last few weeks, what am I mostly concerned about for the markets? In the short run, a contested election, combined with a significant spike in Covid-19 cases in the US and abroad. We are certainly now witnessing an increase in new cases, as was expected. With the election, I […]
Election = Exhausting!
I don’t know how you feel, however I’m looking forward to this election being over. Hopefully shortly after November 3rd!! The markets don’t appear to care about the election for now, as the focus remains on stimulus. It doesn’t matter whether before or after the election, as long as it is passed, and it’s large. […]