On March 11th, 2020, the Dow Jones Industrial Average entered bear market territory for the first time in 11 years, followed by the S&P 500 and the Nasdaq the next day. A bear market is defined as a sustained period of downward trending stock … [Read more...]
Coronavirus Fears Drive Markets Lower – Assessing the Recent Market Selloff
On Monday, February 24, global equity markets sank more than three percent on renewed coronavirus (COVID-19) fears, following reports of a surge in cases in Italy, South Korea and Iran. The S&P 500 Index, which had hit a record high the week … [Read more...]
SECURE Act – How are you affected?
With the passing of the SECURE (Setting Every Community Up for Retirement Enhancement) Act at the end of December, you may be asking how or if this impacts your financial plan. A few of the bigger changes are highlighted below. Delays RMD age … [Read more...]
A case for international on America’s Independence Day
Happy 4th of July! This week, as we celebrate the birth of this country and all things USA, we'd like to spend a moment focusing on other parts of the world as well. Even “America's favorite pastime" has taken to international adventures with the … [Read more...]
What’s Slowing Santa’s Sleigh?
With the approach of the Holiday Season, many investors are wondering if they will enjoy a “Santa Claus” rally in the final weeks of 2018. So far, the headlines have not been filled with Holiday cheer. Global equity markets have … [Read more...]
Try these tips for analyzing your investment needs
This article originally appeared in the Knoxville News Sentinel's business column on October 21, 2018. The market has recently had the long-awaited “hiccup.” I happened to be at an investment conference when the market was off 1,300 points over two … [Read more...]
Tax Reform Arrives
By Jack Davidson, CPA, CFP® On Tuesday, December 19th, the House passed the tax reform bill with a vote of 227-203. The tax bill hit a late snag on Tuesday afternoon, as the Senate parliamentarian noted that the House-passed bill contained three … [Read more...]
Tax Reform for Nonprofits
The U.S. House of Representatives passed the long anticipated tax reform bill over two weeks ago on Thursday, November 16th. While the new taxation rates for both corporations and individuals have consumed the majority of headline news, the Tax Cuts … [Read more...]
How to Tell the Difference Between a (Tax) Plan and a Wish
Yesterday, the much-anticipated Republican tax plan was released to the public. Many hoped this document would provide specifics about what tax reform might actually look like. However, this latest draft is just an expanded version of the two-page … [Read more...]
EU Elections: German Election Watch
On September 24th, incumbent Angela Merkel secured her fourth term in Germany’s Federal Election. However, provisional results indicate a worse-than-expected majority for the German Chancellor. Ms. Merkel’s conservative CDU party and its sister CSU … [Read more...]