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 […]
Confused on the Secure Act? Read this!
SECURE Act is Official! “Setting Every Community Up for Retirement Enhancement” After months of speculation the SECURE Act is now official. There are several parts to the SECURE Act; however I will summarize the main provisions that will impact our clients, prospective clients and additional blog readers. Required Minimum Distributions (RMD’s) Prior to the SECURE […]
Markets, Iran, and the Secure Act!
Markets Flat in the Short New Year’s Week & Geopolitical Tension Rising! Welcome to Year 2020! This promises to be an exciting year based upon what may transpire with our 2020 Presidential Election and the campaigning over the next 11 months. Typically I do not discuss politics in our blogs, however with the feeling that political […]
Tons of News!! // China Phase One // Brexit //Impeachment
China – Phase One After the turn of the New Year, the US and China are expected to sign “Phase One” of a new trade deal. While there are many details yet to be learned, we now know that the new round of consumer oriented tariffs that were to go into place yesterday, 12/15, are […]
Jobs Report Leaves Markets Flat Last Week & December 15 Tariffs?
Jobs, Jobs, Jobs! Last Friday’s job report showed the US adding 266,000 jobs in November, bolstered by the return of formerly striking GM employees. The prior 2 months were revised adding an additional 41,000 jobs. The unemployment rate came in at 3.5%, which is an absolute WOW!!!!!! No wonder why restaurants, stores and the roads […]
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 […]
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 […]
LOTS GOING ON! Earnings/The Fed/Jobs/China/Brexit
A lot of STUFF this week! Over 150 S&P 500 companies report earnings this week, including Apple. The Federal Reserve is widely expected to cut rates for the third time this year. The China trade negotiations are being perceived positive by the markets and the Friday Jobs report will be forgiven no matter what the […]
