Markets hunkered down last week. News of the coronavirus outbreak in Wuhan, China unsettled investors around the world. The respiratory infection is related to severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS), reported WebMD. Previous virus outbreaks have affected global economic growth. Research into pandemic preparedness suggests extreme events can reduce global …
The best place to retire in the United States is in dispute. There’s no formal debate, but a review of various publications showed surveys have named different states and cities as the “best” place to retire. For instance: Iowa was #1 in a best places to retire survey cited by Yahoo! Money. Fort Myers, Florida …
The new trade deals are here … The United States and China signed a preliminary trade deal last week. The next day, the United States-Mexico-Canada Agreement was approved by the Senate. The phase-one deal between the United States and China has been analyzed, applauded, disparaged, and questioned. Here is a sampling of what’s being said: …
By April 19, 2019, 137 million taxpayers had filed their federal income tax returns. And they all made decisions about deductions and credits – whether they realized it. When you take the time to learn more about how it works, you may be able to put the tax code to work for you. A good place …
It was a nerve-wracking week. Iran fired 22 ballistic missiles at the Ain Al Asad air base near western Iraq and a second base in northern Iraq following last week’s U.S. drone strike that killed a top Iranian military commander. Newsweek reported the bases suffered minimal damage and there were no casualties from the attack. …
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE Act will require a change in strategy for many Americans. For others, it …
U.S. Markets Riding a wave of trade optimism and solid economic data, stocks notched solid gains in December, capping off an exceptional year for the equity markets.The Dow Jones Industrial Average rose 1.74 percent, while the Standard & Poor’s 500 Index advanced 2.86 percent. The NASDAQ Composite led, climbing 3.54 percent. I’ve learned that you …
If you read my forecast for 2019, you will notice it was spot on. This is because it was not a forecast of the economy or markets (which is like trying to predict a casino game). No matter how much we wish, no one can predict the market. No one will know when to go …
October 28, 2019 The Markets More money managers are feeling less bullish, but you sure couldn’t tell by the performance of U.S. stock markets last week. So far, 2019 has been a tremendous year for U.S. stocks. Through the end of last week, the Standard & Poor’s 500 Index had gained more than 20 percent …