Week of 9/11/17 - 9/15/17: Last week was a smooth week for the equity markets. Each of the 3 main equity indices (DJIA, S&P 500, Nasdaq) ended at or near all time highs, shaking off any concerns over Hurricane Irma
As we noted last week, the carnage in the retail sector has been amazing. It’s possible that we may have reached an inflection point in the relative performance of this industry compared to the S&P 500. Here’s a look at
It would be quite an understatement to say that the market has favored the Donald Trump presidency from November until today. I believe that the early part of the market rally can be attributed to general post election relief. The
With Macy’s (M) and Dillard’s (DDS) off 16% and 18% respectively today, I thought it would be interesting to look at a couple of charts. There is no doubt that retail has been substantially impacted by Amazon and other factors.
As the general stock market remains near a high, we always find it interesting to look into stocks that are at multi-year lows. Hertz Global (HTZ) approached a 10-year low today, dropping all the way back to the March 2009
I read a story this morning about a financial advisor, Anthony Diaz, who had been with 11 different investment firms in 15 years. The story states that he was fired from 5 firms and resigned from another firm due to
Income-oriented investors have had a difficult environment for several years as persistently low interest rates have pressured traditional sources of yield. By broadening their search criteria, investors may uncover new ways to diversify their income portfolios with potentially more attractive
Municipal bond issues are a very popular way to earn tax-free income. Municipal bonds (also known as “munis”) are fixed-income investments that may provide higher after-tax returns than similar taxable corporate or government issues depending on your specific tax situation.
The Federal Reserve has set the wheels in motion and for the first time in nearly a decade, interest rates are on an upward trajectory. The initial hike was a modest one quarter of one percentage point — not a
In December 2015, President Obama signed into law the “Protecting Americans From Tax Hikes Act of 2015.” This new ruling made permanent many tax breaks that had been dubbed “extenders” as taxpayers would have to wait — typically until the