The New Year
January 3, 2022 Good morning, Happy and Healthy New Year wishes to all, and welcome back. Given the long break, let’s do a quick review of the S&P 500 Index (SPX) last year in bold strokes and then look ahead. A year ago tomorrow, the SPX set its all-time high at 4818. On October […]
The Truth About the IRS’s New Funding
Contrary to what you may have heard, the agency’s $80 billion budget increase is not for financing an auditing army As published in Rethinking65 by Mallon FitzPatrick and Alicia Denton Jan 4, 2023 – If recent headlines are to be believed, an armed unit of IRS agents is gearing up to mobilize and audit the […]
Tech Employees’ Stockholdings Have Taken a Hit. Financial Pros Offer Advice
January 4, 2023 – Managing Director, Avi Deutsch was featured in Barron’s discussing ‘Tech Employees’ Stockholdings Have Taken a Hit. Financial Pros Offer Advice.’ “Clients who are young can afford to have a lot of exposure to an individual company,” says Deutsch. “They also have some opportunities around lower stock prices in terms of how they negotiate their compensation: […]
Surging Interest Rates and High Inflation Result in the Worst Year for Stocks and Bonds in Decades
By John Lau Jan 4, 2023 – Easing inflation pressures and a resolution of the fiscal turmoil in the United Kingdom fueled a strong rally in stocks and bonds early in the fourth quarter, but hawkish Fed guidance, disappointing economic data, and rising global bond yields weighed on markets in December and the S&P 500 […]