Hello friends, welcome to the December 2020 market outlook. We hope this letter finds you well and your families enjoyed a wonderful Thanksgiving. Obviously, this year was different from a variety of ways. But with the holiday season upon us, we’re approaching the end of a dreadful year. Here’s to 2021 being a major improvement. Let’s dive in.
Employers are able to postpone the amount of payroll tax they pay on employees’ salaries attributable for 2020. If elected, half of these taxes will be due 12/31/2021 and the remaining half by 12/31/2022.
Financial support for individuals is available in a one-time check or direct deposit, which will be sent from the US Treasury. The full credit amount is $1,200 for individuals, $2,400 for couples and $500 for children under age 17.
Paid sick leave and family leave is available to employees of small and mid-sized companies under 500 employees from 4/2/2020 to 12/31/2020. Under this plan, the company pays its employees and is reimbursed by the government in the form of a payroll tax credit.
If you’ve ever flipped on the TV and landed on Bloomberg television or CNBC you might hear them reference the yield curve when talking about the future prospects of the economy.
Equity and debt markets had a wild swing after the election of new government leaders in Italy, while there was little to no reaction over Spain’s similar vote. The reason for this discrepancy is that across most of Spain’s popular parties, there has been no sentiment to abandon the Euro
Intuitively, when a company beats earnings expectations, the share price should go up. Under performing expectations should see prices go down. And meeting expectations should keep prices relatively unchanged.
President Trump recently announced that the U.S. would be levying a 25% tariff on steel, mainly targeted at China. Many understood it to be the first step in rolling out a more protectionist trade agenda, which caused a great deal of uncertainty in financial markets.
As the stock market roars on, skeptics might take money off the table and invest in more value oriented assets. More often however, fear of missing out on future gains along with recently strong returns keeps people invested in the market and seeking out speculative opportunities.
When you hear about the Federal Reserve it may be hard to imagine that their actions have a direct affect on you. The truth of the matter is that their policies, including those related to interest rates, are felt all the way down to the consumer level, for better or for worse.
Filing taxes can be an intimidating process and in the stress of it all, sometimes we can forget to do the obvious or skip over the basics, making it even harder on ourselves. If you file your own taxes the following three simple tips can save you time, headaches and even money in the long run.
Individual investors can find many ways to lose money in the stock market, but the most frequent is their tendency to buy-high and sell-low. It’s human nature. We get more confident when things are going well, and we become cautious and fearful when they’re not.
June 23, 2016 is a day that everyone who is involved in financial markets will remember for life. In fact, a British politician has playfully (I think) suggested that England declare it a national holiday, their own Independence Day. As you probably have heard on the news
The clock is ticking on significant Social Security updates. On November 2nd of last year, President Obama signed a new budget bill (the Bipartisan Budget Act of 2015) that eliminated the “file and suspend” and the “restricted claim for spousal benefits only” claiming strategies
No other slogan defines Bill Belichick’s coaching philosophy better than “Do Your Job.” Every player on the team, from stars to bench players, has a defined and complementary role. When everyone executes their roles at the highest level, and Does Their Job, the team achieves ultimate success.