Geopolitical Instability; What Does It Mean For Markets? Investors can be nervous people. That goes double for institutional investors; the people who manage big pension funds, mutual funds, foundations or the funds in insurance companies. When you are responsible for managing billions of dollars, in some cases, you worry about a hiccup of any geopolitical… Continue Reading Geopolitical Instability; What Does It Mean For Markets?
Tax Preparation And Why It’s Important For Retirement Taxes are much like rust; once they are allowed to erode, they just keep on eroding. As an investor, both fees and taxes can erode the potential future balance of a savings or retirement account. For this reason, strategies should always include tax considerations. Especially for those… Continue Reading Why Tax preparation is important for retirement
New Fed rate hike market reaction? The past couple of years witnessed more speculation about interest rate hikes by the Federal Reserve than what was the reality. Many of the pundits were convinced we would see four increases during 2016 and they were wrong. The thinking has shifted in 2017 as some of the precursors… Continue Reading New Fed rate hike market reaction?
The U.S. Trade Deficit; Should There Be Concern? In recent years, the growth of manufacturing in China, as well as some emerging economies. This allowed that sector to be dominated outside the U.S. Cheap labor, and a preponderance of manufacturing facilities has moved much of the production of products outside the U.S. and often to… Continue Reading The U.S. Trade Deficit; Should There Be Concern?
National Debt Ceiling Being Raised Can you imagine that you have run up the balances on your credit cards to their maximums and you call the issuer of each credit card and announce; “I have decided that you need to raise my spending limit.” You know the response; “We make that decision; not you.” The… Continue Reading National Debt Ceiling Being Raised
Strong Tower Associates Announce New Office Expansion in Harrisburg Strong Tower Associates, a financial services firm headquartered in State College, PA, today announces the opening of its Harrisburg office. This office will be Strong Tower Associates’ third location. Ash Toumayants opened Strong Tower Associates in 2013 with the goal of educating clients so they can… Continue Reading Harrisburg Office Expansion Announcement
The Importance of Tax Preparation For Retirement While many retirement plans do not require taxes during the accumulation phase, as the old saying goes; “nothing can be certain except death and taxes.” At some point, taxes are paid on income. The benefit of many retirement plans is that they are tax-deferred. During retirement planning, many… Continue Reading The Importance of Tax Preparation For Retirement
How Trump’s Infrastructure Spending could boost the U.S. Economy In 1933, President Franklin Roosevelt moved quickly to put into place a series of experimental public works projects which became known as the New Deal. One in four Americans was out of work at the time. In May of that year, he signed the Tennessee Valley… Continue Reading Infrastructure Spending could boost the U.S. Economy
Trump Rally and the Effects He Has Had on the Markets On November 8, 2016, University of Pennsylvania finance professor Jeremy Siegel told CNBC “I wouldn’t be surprised to see 1,000 points on the Dow,” meaning a 1,000 point drop resulting from a Trump win. “Trading in S&P 500 futures contracts actually had to be… Continue Reading The Trump Rally Effects on The Markets
Feds Finally Raised Rates; What Does That Mean? After much speculation, that started more than a year ago, the Federal Reserve has finally increased the federal funds with a rate increase on December 14, 2016. The Fed’s chairwoman, Janet Yellen, had stated in 2015 that there would have to be real improvement in the unemployment… Continue Reading Feds Finally Raised Rates; What Does That Mean?