Fed/GDP/Jobs/Earnings – All Viewed Positive!!
Last week I wrote “A lot of stuff this week”. Yes, it was a busy week! The Federal Reserve lowered rates as expected by 25 basis points. This is the 3rd rate cut in 4 months. Many are now speculating the Federal Reserve will be on hold until after the election unless the economic data […]
Markets Snap 3-Week Win Streak on Meeting Cancellation & Oil Prices Spike 15% in 1 Day!
China Cancels Meeting Sends Stocks Lower It appeared the markets were going to close flat for the week after last Thursday, which would have been a positive after 3 weeks of gains. Last Friday, China was all set to meet with farmers in Montana and Nebraska and then decided to cancel… sending stocks down for […]
The Back and Forth Market Continues…
The Back and Forth Market Continues… August is now in the books, and good riddance. After hitting the yearly high in July, August was a back and forth market based on the rhetoric of our trade war. Negative information punished the markets, and words suggesting trade war improvement moved us higher. The negative, however, certainly […]
Markets Take it on the Chin….
Markets Take It on the Chin Another crazy week in the markets! The major indexes are down 4 weeks in a row. Well, it’s August, Global growth appears to be slowing (at least temporarily), interest rates have moved significantly lower, and who really knows what is going on with our Trade War! This is a […]
China Deal Looking Illusive
China Deal Looking Illusive It certainly looks as of now, that a China deal prior to our upcoming 2020 US Presidential Election may not happen…the war just intensified with President Trump announcing a 10% tariff on the $300 Billion of remaining Chinese imports to begin September 1st. This domestic tax will apparently be directed […]
Major Earnings Week, but does it matter?!
Major Earnings Week, but does it matter?! 1/3 of the S&P 500 companies will report 2nd quarter earnings this week! Normally, this many earnings reports would sway markets one way or another. I don’t expect based on earnings reports alone that much movement will occur, but who knows!!! So far out of 79 S&P […]
Medicare Open Enrollment – Part D Drug Program Changes for 2019
Medicare Open Enrollment Part D Drug Program Changes for 2019 The Medicare Open Enrollment period runs annually from October 15th through December 7th. This is the time Medicare beneficiaries can shop and change their Part D Prescription Drug Program and can switch from one Medicare Advantage Plan to another. In addition, those […]
Medicare Enrollment Periods
The first step in understanding the Medicare Maze is to understand when you can, and must sign up for Medicare. Here is a summary of the 3 enrollment periods. Medicare Enrollment Periods The first step in understanding your Medicare options, is to know specifically when you can and must enroll […]
Social Security Checks Going Up for 2018, Perhaps!
Social Security checks will be going up by 2.0% in 2018, perhaps! Some people will realize little or none of their cost of living adjustment (COLA). Because of how the hold-harmless unwinding works after a year (or years) in which some Social Security beneficiaries Medicare premiums were held artificially low because their annual COLA didn’t […]