Financial News for the Week of October 9, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Fiscal policy (or lack thereof) drove much of the news cycle this week. On the same day the Federal Reserve Chair made the case for more fiscal support, President Trump tweeted that negotiations…
Why Should You Start Saving for Retirement Now?
Why Should You Start Saving for Retirement Now? You are busy dealing with life’s day-to-day issues. To you, retirement may seem like a long way off. But preparing now for your financial future is essential because what you do today can help ensure a…
Financial News for the Week of October 5, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Following a four-week losing streak, U.S. financial markets regained some gusto, buoyed by optimism on the prospect of a new stimulus package. The labor market continues to mend, albeit at a…
Financial News for the Week of September 25, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States Major U.S. equity markets edged lower this week, extending their losing streak to four weeks. This came alongside an uptick in new COVID-19 cases and growing evidence that the economic recovery…
Estate Planning Actions for the Small Business Owner
ESTATE PLANNING ACTIONS FOR THE SMALL BUSINESS OWNER Two things people avoid talking about are death and money. Combining the two is estate planning—the process of arranging for the management and disposal of a person’s estate while minimizing gift,…
Financial News for the Week of September 18, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK United States The Federal Reserve is not likely to increase interest rates until at least end-2023, however, this has not been enough to quench investors’ thirst for more liquidity. Retail sales strengthened…
Financial News for the Week of September 11, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK A wide dispersion of forecasts for U.S. growth over the next year reflects high levels of uncertainty around the duration of the health crisis as well as future government supports. Assuming a modest fiscal…
Financial News for the Week of September 4, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK After reaching new highs early in the week, financial markets tumbled, driven by a broad sell-off in technology stocks. The S&P 500 is on track to end the week about 3% below last week’s close. The labor…
Business Succession Planning
Retiring Business Owners - Plan for Succession If you’re a small business owner, you’ve invested a great deal of time and effort into building your company. With day-to-day demands, it may be difficult to imagine your eventual transition into…
Financial News for the Week of August 28, 2020
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Federal Reserve Chair Powell unveiled a change in the Fed’s monetary policy strategy, announcing that it will target an inflation rate “that averages 2% over time” (instead of a strict 2% goal), and that it…