Fed – Third Times a charm? Social Security – % Applying Early
The Chair of the Federal Reserve remains one of the most important positions in the global economy. I cannot imagine the various forms of pressure that filter into decision making. We are in a time of our economy, monetary policy needs to get it right. Looking back, Fed Chair Powell, in fall of 2018 was […]
Social Security Survivor Benefits – Be Careful
Be careful who you ask, regarding the Social Security claiming rules. It can cost you money. Recently I enrolled a Divorced client for her Full Retirement Age, Retirement Benefit. Part of the data input on the Social Security website is about prior marriages, the time frame, and if the ex-spouse is alive. In this case, […]
Vaccines Pushing Markets Higher
Each day cases are rising, cities are starting to shut down non-essential businesses, and winter is now in the front-view window! We should expect the positive economic data we’ve been witnessing the past couple of months to subside, for the time being. Add in the fact that we won’t know the balance of political power […]
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. […]
Tuesday’s Boxing Match!
Tuesday September 29th @ 9:00PM, many of us will be glued to the television for our Presidential Boxing Match Debate. Will we find out anything new? Will it move the polls? One thing is for sure, the media will have more material to spin for a few weeks. Will it be an Ali v. Frazier, a […]
Stocks – Orderly Pull Back!
The S&P 500 reached a new all-time high, 3588, the Nasdaq Composite did the same, reaching 12,074, both on September 2, 2020. From there, these major stock indexes have pulled back in what I consider, an orderly fashion. No panic for now, just the realization that valuations were getting stretched, the uncertainty of additional stimulus […]
Correction, Change of Leadership, or Something else?
The market decided not to pay attention to the job reports released last week. All major stock markets fell with no regard to the unemployment rate dropping to 8.4%, which by far exceeded expectations. Last month, we added 1.4 million jobs. We have now recovered 22 million jobs lost because of Covid-19. For the week, […]
STIMULUS/JOBS/MARKETS
No deal yet? Should the dollar figure be $600, $200 or perhaps meet in the middle @ $400! I absolutely believe that anyone who has suffered a current Covid-19 related job-loss should continue to receive unemployment compensation until they are called back, or the economy truly opens and job openings are plentiful. The amount, in […]
