Another month is in the books, and we now have another month of data to look toward to help us find trends in the market cycle. There weren’t any notable headlines or events last week that would have an impact on where the market was moving, so there isn’
Tag: Social Security
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
We're starting the 7th week since the country began to shutdown due to the Coronavirus. We continue to see so much confidence in the forecasts from the big name Wall Street investment firms. The consensus is this is just a small bump in a bull market and you should both
This week the Trustees of the Social Security & Medicare Trust funds released their annual report. They reported under current law Medicare will be insolvent by 2026 and Social Security by 2035. That’s in 7 & 16 years respectively. Their assumptions also include steady 3% economic growth with no
This week it was announced the current Federal Government Budget Deficit hit its highest level in 6 years. The combination of tax cuts, slower than expected economic growth, and increased spending accelerated the budget deficit at a rate alarming enough to lead even Republicans to call for cuts in spending.