The U.S. Census Bureau has released its official 2020 state population counts—a labor-intensive exercise it goes through every 10 years. This data will be used in Congressional redistricting efforts this fall, but for now we can see which states are net gainers of seats in the U.S. House of Representatives, and which states have lost… Continue Reading Census Gains & Losses
There’s a lot of buzz in the investment world about Bitcoin—and cryptocurrencies generally. Is it an investment? A real medium of exchange? Some of this interest undoubtedly comes from the fact that, in 2009, Bitcoins were selling for eight cents a coin. At the peak earlier this year, one of those coins was trading at… Continue Reading Bitcoin “Investments”
In the last few trading days, investors and traders were reminded once again that markets go down—sometimes with a lurch. The most recent lurch was this week’s 2.1% one-day decline in the popular S&P 500 index of U.S. stocks—which was described as “the biggest one-day drop since February.” In the first three days of the… Continue Reading Market Jitters & Inflation Worries
Many of us have been locked down for more than a year. We’ve cancelled vacations, restaurant visits and in-person schooling. More than 500,000 of our loved ones across the country have passed away. Is there any good coming out of the COVID pandemic? Anything at all? Turns out, there is. The messenger RNA immunization technology… Continue Reading Can Any Good Come from This?
You already know that the U.S. stock markets are constantly testing all-time highs, and part of the euphoria is the idea that we may soon get our lives back. But is there any solid economic data to back it up? Recent Commerce Department data offers better news than anybody was expecting about the U.S. economy.… Continue Reading Good News on the (soon-to-be) Post-COVID Economy
You might wonder what you get in return for your tax dollars. The question isn’t so far-fetched; after all, the government collects those taxes—theoretically, at least—in order to give you back a comparable value in services like police protection, education, infrastructure and a social safety net. Are we getting what we pay for? A recent… Continue Reading Are Your Taxes Paying Off?
One of the many perks of being on top of your finances is the ability to enjoy life a little more. Yes, saving is important, but so is splurging on some family fun or rest and relaxation time as well. It is the goal of my associates and I at Strong Tower Associates to help… Continue Reading My Favorite Things To Do Around Penn State
Falling Oil Prices Watch the bouncing ball; that may describe oil prices in recent years. With incremental changes, Americans are at the point where we might not even pay attention anymore. It’s only those trends that move the ball substantially, either up or down, that seem to catch our attention. With that in mind, oil… Continue Reading Falling Oil Prices
The FAANG Stocks May Still Have Fangs The Internet hasn’t only changed the way people communicate, check on financial accounts or study for school projects. It has brought great wealth to certain companies and their stockholders. Whether they are in the social media realm, in entertainment, online product sales or make the devices we use… Continue Reading The FAANG Stocks May Still Have Fangs
The Trump Administration Tax Reform Plan Reducing personal and corporate tax rates is a centerpiece of the new Trump tax reform proposal which came out April 26, 2017. The changes are meant to stimulate domestic corporate profits and hiring while giving the middle class a tax break. The other goal of the proposal… Continue Reading The Trump Administration Tax Reform Plan