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 […]
Stock Market Predictions for 2021
The major brokerage firms have made their US Stock Market Predictions for 2021. Year end 2021 targets for the S&P 500 range from a low of 3800 by Bank of America and Citi to a high of 4700 by Goldman Sachs and 4800 by J.P. Morgan. The S&P 500 finished 2020 at 3756, so all […]
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 […]
Vaccine News Propelling Markets! The popular consensus is that former Vice-President Biden is the president-elect and the republicans will hold the Senate leaving a split congress. Most market forecasters believe this is a perfect cocktail for more stock market gains. Now, both Pfizer and Moderna have vaccines that look to be over 90% effective. The […]
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 […]
How Do I Choose Medicare Coverage When I Retire?
Many pre-retirees are uncertain about their choices when it comes to enrolling in Medicare. There are 2 main ways to get your coverage – you can choose the traditional fee-for-service Medicare, known as Original Medicare, or a Medicare Advantage plan. Medicare Advantage plans are similar to an HMO, which stands for Health Maintenance Organization or […]