Following the election, optimism surged amid the belief that the new President would follow through with plans to pare back regulations that stifle businesses and extend the tax cuts passed in 2017. From an investor’s perspective, so far, so good. But candidate Donald Trump also pledged that he would enact tariffs on countries he believed […]
Tariffs and economic uncertainty Read More »
On Saturday, February 1, President Trump announced a 25% tariff on all goods imported from Mexico and Canada, and a 10% tariff on goods imported from China. Stocks sold off the following Monday morning but pared losses after Canada and Mexico made modest concessions and Trump delayed implementation of the tariffs for one month. Clients
Tariffs Bring Headline Risks; Progress Stalls on Inflation Read More »
What fueled the modest advance in the S&P 500 Index in January? Well, for starters, the narrative hasn’t changed that much since the calendar flipped to 2025. That is, with the exception of tariffs, which we will get to in a moment. Key Index Returns Index MTD % YTD % Dow Jones Industrial Average 4.7
Inflation, interest rates and tariffs Read More »
What is financial fitness? Briefly, financial fitness describes your overall financial well-being, akin to how physical fitness pertains to your physical health. The American Medical Association says, “Regular physical exercise is one of the single most important contributors to a healthy lifestyle and delivers benefits which extend far beyond the doctor’s office.” We aren’t doctors,
7 Steps to Achieve Financial Fitness Read More »
Tax season is here—are you ready? 📅💰 Now is the time to gather your tax documents, including W-2s, 1099s, and deductible expenses, to stay organized and maximize your refund. But taxes aren’t just a once-a-year task—they should be a key part of your overall financial planning! 💡🔍 By integrating tax strategy with financial planning, you
Tax season is here—are you ready? Read More »
Hello 2025! HWC Financial has been providing individuals and families with a level of financial expertise and service that has made us a valued—and trusted—partner. We specialize in meeting the needs of individuals and multigenerational families with complex planning needs. Our goal is simple: to understand the needs of each client, create strategies that address
Taxes, Taxes, and More Taxes – A Look at Some Critical 2025 Figures… Read More »
One year ago, we opined, “Rate cuts that occur because the Fed ‘can,’ not because they ‘must,’ is the preferred path” for investors. It’s not that we have special insights when peering into the future. We have yet to find anyone who can consistently and accurately forecast peaks and valleys in the stock market. But
2024—Another rise in excess of 20% Read More »
Today’s complexity Things have changed since. They continue to change. Late last year, the Internal Revenue Service provided detailed information on adjustments to more than 60 tax provisions that will impact taxpayers when they file their returns in 2026 for tax year 2025. As incorporated into law, the IRS adjusts various categories to account for inflation. Annual
Today’s Complexity Read More »