Here are some of the things you can look forward to seeing.Flowers, no snow, warmer temperatures, Brexit finishing (one way or another), China tariffs slowing down the economy (particularly in agriculture), No new progress on North Korea (who does a billion dollar nuclear build up and says, let’s give it up.) More tariffs on Europe and the start of a growing season.
So, keeping it simple, Valentine’s Day is the beginning of Lent this year. Just a small factoid. The markets are not caring either way. The interest is in rising interest rates and burgeoning debt limits. The combination raises inflation fears, and there goes the markets. It is a little more complex than that. But you have to admit, since we raised interest rates recently and Congress pumped $1.5 trillion debt into the market place, things have moved.
One plus from this past election is the emphasis on freeing up religious holidays from the political correct. So with that, we wish those who recognize the holiday, Happy Hanukkah, Happy St. Nickolas, Merry Christmas! It is more about the time of year as much as the actual event days. There is something in the air that says, Peace, good will to all men.
Meanwhile, back to the future. As things stand, we are still subject to the… Read more
It begins. Worldwide economy. Actually, the economies of several countries have been affecting our local economy for decades. But now pundits are finally admitting that places like the Federal Reserve and Washington are not the only factors in how things work.
Interest rates are going up. Count the number of times that phrase has been repeated in the past several years. It has taken on an “OJ in the white Bronco” flavor. The fact is that rates will go up…. Read more
The numbers are looking rocky. Federal Reserve numbers are due out next month on interest rates. Geopolitical battles are still happening. The 2016 political campaigns are starting.
Our review of account performances for the first quarter showed that indexed accounts stayed close the respective index. Long term holdings did the same. The higher percentage of returns versus the respective index showed up in accounts with activity in ETFs and dividend paying stocks. Cash must have been a good thing to have… Read more
A good month for color. Flowers, grass, rabbits, etc.
Also a good month to finalize that annual event, tax date. I call it an annual reunion, since the person(s) only come around once a year. Very interesting the events that happen in one’s life in just one year.
So, remember to send in extensions by April 15th, if you are not ready to file. It cuts down the amount of penalty and interest that may occur. Efile if… Read more
Brace yourself. The U.S. economy looks like it went on a roller-coaster ride at the start of the year.
Revised numbers released Thursday show the economy shrank in the first quarter, marking the first downturn since early 2011. Gross domestic product, the broadest measure of economic growth, fell at a 1% annual pace, according to the Bureau of Economic Analysis.
A slump was entirely expected, and economists aren’t too worried. They forecast… Read more