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Executive Summary• The U.S. continues to see increases in COVID-19 cases, but moving averages point to some easing.• Vaccine development progress continued, with more human testing and larger samples.• Economic...
Read MoreDate: 6/8/2020 The recession that started in March is the sharpest downturn since the Great Depression. As it turns out, it was also the shortest.Friday's employment report should leave little doubt that the US economy has already hit...
Read MoreHow can the stock market rise while the economy remains down? We can think of at least four reasons: 1) Publicly listed companies didn't get there by accident. Many provide the technology it takes for us to operate in this shutdown...
Read MoreIS A SEP-IRA RIGHT FOR YOUR BUSINESS? If you're like many small business owners, running your own business is an all-consuming endeavor. In the face of everyday demands, choosing a retirement plan for your business can become a...
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Wednesday, March 25, 2020
Per wikipedia.com, hindsight bias, also known as the knew-it-all-along phenomenon or creeping determinism, refers to the common tendency for people to perceive events that have already occurred as having been more predictable than they...
Read MoreLess than a month ago markets were at a record high, as healthy data on the US economy signaled continued growth on the horizon. Then, as Coronavirus made its way to continental Europe and the United States, markets went into a...
Read MoreTime to Fear the Coronavirus?Monday, fear over the Coronavirus finally gripped investors, as both the Dow Jones Industrial Average and the S&P 500 index fell over 3% - the largest daily declines in two years. These drops wiped out all...
Read MoreBrian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 2/10/2020 In January, US payrolls expanded by 225,000, not only beating the consensus forecast, but also forecasts from every single economics group. Since...
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RED FLAGS FOR TAX AUDITORS No one wants to see an Internal Revenue Service (IRS) auditor show up at his or her door. The IRS can’t audit every American’s tax return, so it relies on guidelines to select the ones most...
Read MoreThere is a common misconception that estate plans are only for the ultra-rich – the top 1 percent, 10%, 20%, or some other arbitrary determination of “enough” money. In reality, nothing could be further from the truth...
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Monday, October 28, 2019
Many people have heard the saying "cash is king." It is the phrase successful businesses have lived on for ages. The status of having excessive amounts of cash is admired. Those with cash, have tremendous opportunities to expand...
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Monday, September 30, 2019
I hear quite often how people believe they are on path to reach their financial goals because their company offers a 401k. It is true that this may be the easiest means for employees to be introduced to investing; however, many of...
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