The US Government is out of money. Treasury Secretary Janet Yellen has said she is using "extreme, emergency measures" to move money between accounts in order to cover US obligations. She expects these methods to be exhausted sometime in October. At that point the US would no longer be able
This week President Biden made a hard push for his $3.5 Trillion "infrastructure" bill. This came shortly after the House Ways and Means Committee released their proposed tax changes to help pay for the massive spending bill. I've received a lot of calls and emails from our advisors with
The shorter work week didn’t allow us much time to get new news that would point the market in a certain direction, but the market didn’t stay flat. We are at a point, like we’ve been mentioning quite often lately, that the market NEEDS positivity to continue
It’s hard to believe it’s been 20 years since the terrorist attacks on our country. Today we take a break from the market and economic discussions to reflect on today’s somber anniversary.
Have we forgotten what happened 20 years ago?
(This post was originally published September 10,
The Social Security Board of Trustees released their annual report this week. Many of you may have seen the headline that the “Trust Fund” will be depleted one year earlier --- in 2034. Based on conversations I’ve had with advisors and clients the past 15 years, I don’t