Is There a Bond Bull Fight in the Post Trump/Pre-Yellen Arena?

With the exception of an increase in consumer spending in liquor sales due to the “despair of Clinton supporters,” the pundits predicted Trump-Ageddon. The experts were wrong again; instead, stock markets soared and bond prices crashed, the latter suffering a ferocious and mind-boggling $1.29 trillion sell-off.  The uncertainty generated by the election has brought about […]

Trumpocalypse? News of Our Demise Has Been Greatly Exaggerated…

Markets fell sharply after Franklin Roosevelt and Barack Obama were elected, and then later both these presidents presided over bull markets.  Their record suggests that Donald Trump won’t necessarily be a market’s boogeyman. The sun has come up; and regardless of your political affiliations, we can all agree that last night’s election night was a […]

Elephants & Donkeys vs. Bulls & Bears…. Oh My!!

The 2016 presidential race has already offered plenty of surprises.  But what could it mean for the economy and the markets; and, ultimately, your financial picture? We’ve got a lot of uncertainties in this election; and if there’s one thing markets hate, it’s uncertainty.  Predictably, the markets have had a bumpy ride that will continue […]

The Market Impact of the Brexit Vote

By now you probably would’ve heard that, in a very heated referendum, voters in Britain have decided that the country should exit the European Union. Obviously, there are going to be some immediate and longer-term impacts in the global markets.  More importantly, you’re probably more concerned about how that affects your portfolio now and in […]

Your 2015 Tax Returns: Be Aware As You Prepare

Tax season is upon us and my clients are discovering a whole new world of confusing regulations and complex forms. Here’s some help in  managing your return for the 2015 tax season.   Unfortunately tax rules change constantly, making tax filing even more stressful, especially for uninformed clients. Here are some tips, ideas, and information […]

Who Dunnit? Investigating the Culprit in the 2016 Market Turmoil

Well, 2016 has certainly not been dull… I have spent some time fielding concerns from a few exasperated clients, as equities plunged into a sea of red.  But does this recent under-performance in equities, particularly large US stocks, mean catastrophe for your portfolios?  My standard answer is: “not if they are diversified… and patient.”   […]

2015 Year-End Review & 2016 Forecast

PREAMBLE: For those of you who have been anxiously waiting for my 2015 year-end bulletin, I must apologize for the delay. Every time I sit down to compose what I hope to be a useful guide, the market takes yet another dramatic downturn, and compels me to amend yesterday’s draft. One would think in this […]

2015 Final Update: Changes to Social Security Rules

As I explained in a memo to you two weeks ago, major changes have just come to Social Security, particularly to the claiming strategies many people have been talking about for the past few years.  These changes came as a complete surprise to the entire industry, but they also create an opportunity to review your […]

New Budget Creates A Social Security & Medicare Gotcha!

PLEASE NOTE: The purpose of this Update is to provide notification that recent proposed legislation, which was passed by both Houses of Congress, could significantly impact Social Security and Medicare.  When the legislation is signed into law, we will offer our assessment and how it may affect your retirement planning. Usually, legislative changes are a […]

Market Review & Outlook – Third Quarter 2015

As the third quarter comes to a close, we are reminded that financial markets don’t always rise, and volatility can attack without warning and as we have just seen, quite swiftly.  When the dust settled, the S&P 500 finished the quarter down 6.4%, corporate bonds lost close to 5%, and emerging market equities would go […]