The Department of Labor’s Fiduciary Rule has taken effect after a two month delay. Many brokers and advisors had hoped the election of Donald Trump and his promise of “slashing” regulation would mean the DOL’s rule would never become law. The problem with that
Following the election, the stock market staged a furious rally under the assumption President Trump and the Republican led Congress would implement “pro-growth” economic polices that would jump start an economy that has been unable to grow at even an average pace despite trillions of dollars being thrown
Maybe it was a coincidence, but before President Trump’s first international trip as president, the markets were in a panic as controversy swirled around his administration. Many were calling into question not only whether or not any of his “good” policies would ever become law, but
Last week the market was in a panic as it appeared President Trump not only would not be able to implement any of his “good” ideas, but also increasingly likely he wouldn’t still be president at the end of his first term. Then he left the
During the Presidential campaign last year we heard a lot about the economic recovery. One side said it was the best recovery of all time, the other said it was the worst. (For more see my 1st Quarter Economic Update) Thee is one data point I don’t think
