News of real interest.
Just when you thought that we might make it through one quarter without financial markets being sent into a panic by a headline news event . . . . Brexit! The vote, which was held on June 23, sent ripples of panic across global financial markets as investors digested the news and quickly readjusted their portfolio exposures. Despite the swiftness and shock with which the news of Brexit hit financi…Read post
Whether it’s you, your kids, your friend’s kids, or your kid’s friends, it’s likely that someone around you is facing student debt. In fact, 55% of households ages 21-29 have student debt as of 2013¹, and that number is increasing. Student loans outstanding have almost tripled in the last ten years, with a current balance of $1.319 Trillion at the end of 2015.¹ A recent study² from the …Read post
As the first quarter of 2016 drew to a close investors could be excused for feeling like they were disembarking from the world’s longest rollercoaster ride. The U.S. stock market, as measured by the S&P 500, finished the quarter up a modest 1.35% and the U.S. bond market, represented by the Barclays Aggregate Index, was up a healthy 3.03%. But the story of the first quarter was not the desti…Read post
Every February, the President formulates a budget request for the Federal government, which Congress then considers in coming up with its own budget resolution. While this publication, commonly referred to as “the Greenbook,” outlines the President’s recommendations on appropriations for various government agencies, the proposals often include a variety of tax law changes. The historical…Read post