2024 Year-End Tax Tips
Here are some things to consider as you weigh potential tax moves between now and the end of the year. 1. Defer income to next year Consider opportunities to defer income to 2025, particularly if you think you may be…
Monthly Market Insights | May 2023
US Markets Stock overcame recession worries and mixed corporate earnings results in April, ending mostly higher. For the month, the Dow Jones Industrial Average picked up 2.48%, whereas the Standard and Poor’s 500 Index rose 1.46%. The Nasdaq Composite which…
Monthly Market Insights | February 2023
US Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, The Dow Jones Industrial Average rose 2.83%. The Standard & Poors 500 Index jumped…
Morning Market Commentary Q4 2022
In an otherwise volatile and ugly year, the fourth quarter of 2022 turned out to be a pleasant surprise. Sentiment turned optimistic mainly led by better-than-expected corporate earnings and Year-over-Year inflation rates coming down from a peak of 9.1% in…
Morning Market Commentary for Q2 2022
By the end of the first quarter, it seemed as if we had gone through a much-needed correction, and we were on our way to a recovery. That theory ended quickly as the 2nd quarter turned into something much worse…
Q4 2021 Stock Market Commentary
For the third consecutive year, the stock market posted a double-digit positive return. The S&P 500 gained 26.9% for the year, the Dow Jones Industrial Average posted an 18.9% gain, and the Nasdaq Composite gained 21.4%. Double-Digit Returns Despite Challenges…
Q1 2021 Stock Market Commentary
The market continued to surge higher as we said goodbye to 2020 and hello to 2021. Additional stimulus, mass vaccinations, and hopes for a return to a fully opened economy provided a nice backdrop for the market to further its…
Q2 2020 – Second Quarter Stock Market Commentary
There is an old saying on Wall Street, “The stock market is not the economy and the economy is not the stock market.” We all got a little taste of that this past quarter when we saw a negative -4.8% GDP in the first…
2020 First Quarter (Q1) Market Commentary
Most economic slowdowns occur over time with a slow deterioration of Employment, Consumer Confidence, and Gross Domestic Product (GDP). Companies generally tighten their belts and the Fed and Government make monetary and fiscal policy changes to help soften the blow…
Client Alert: Coronavirus and Market Conditions – A Note from Tom & Tim
Over the weekend, oil prices dropped by about 20-30% as Saudi Arabia slashed its export oil price likely starting a price war with Russia. This spooked the markets which were already on edge with the spread of the Coronavirus. As a…