Market valuations are high. Current consumption is being financed by debt. The housing data is mildly positive, but has been impacted by “rebuild” issues in the wake of natural disasters. Corporate balance sheets are strong and laden with cash. The world’s major economies are doing well and central banks are beginning to tighten policy led by the U.S.’s Fed. Q4 real GDP growth looks to come in above 3% (third …Read More
Tag Archives: taxes
The Risk of Recession is Rising; So is Market Risk
Recession: This is the hardest world for any business economist to pen, especially when the equity market is on a tear. Nevertheless, that is the reality of a slow growth, deflationary world where not much negative must happen to push the 1% growth economy into negative territory. Post-election, markets initially rose on the hopes of economic stimulus from the Trump administration. Then, they flattened as prospects for rapid policy changes …Read More
What type of IRA account is right for you?
Originally published on Tahoe Daily Tribune’s website, http://www.tahoedailytribune.com/northshore/14995245-113/tahoe-truckee-market-beat-what-type-of-ira-account-is-right If you’re thinking about funding an IRA this year, you have until April 15, or the day you file your taxes, whichever is earlier, unless you file an extension. Which type of IRA you should establish depends on several factors, and there are calculators available online to help with the decision-making process. Your IRA account can be used to invest in stocks, …Read More
It’s time again to talk about year-end tax selling
Originally published on Tahoe Daily Tribune http://www.tahoedailytribune.com/news/opinion/14263062-113/stock-tax-loss-sell As the year comes to a close, many investors may be thinking about rebalancing their portfolios or taking some profits or losses for tax purposes. If you have assets in a taxable account and are considering doing some buying or selling before the year ends, you should be aware of the potential tax consequences. If you have a profit in a stock and …Read More
