Just when all the market pundits were expecting a big relief rally after the passage of the new budget-ceiling package, equities dropped off a cliff, and sent most of the major stock indexes into ‘correction’ mode. It just wasn’t the long drawn out wrangling that went on in Washington over the debt ceiling that caused the drop, but a string …
The Two-Step Debt Tango
Given the back-and-forth movements between the Democrats and the Republicans as to solving the pending debt ceiling crises, you can almost say it’s become a ‘two-step’ tango dance, going back and forth. The major problem is that this bickering by our elected lawmakers happens to be going on when the economy is at risk of slipping into another murky recession. …
“5 Reasons Congress Should Be Held to a Fiduciary Standard”
Read Andy’s article published by Advisor One regarding the heavy debate of “The Dodd-Frank Wall Street Reform and Consumer Protection Act Of 2010 and Why Congressional Officials Aren’t Also Held To A Fiduciary Standard Too?”… http://www.advisorone.com/2011/07/25/5-reasons-congress-should-be-held-to-a-fiduciary-s?utm_source=dailywire72511&utm_medium=enewsletter&utm_campaign=dailywire%3C/a
Stocks Approach 2011 High
Stocks rallied this past week to within 1.4% of a new 2011 high, due mainly to strong earnings reports and the significant progress made on the ongoing debt ceiling negotiations in Washington. Stocks also rose on the optimism over the European agreement on Greece’s sovereign debt load, and the fact that most of this past week’s economic indicators were to …
U.S. Debt Ceiling: What It is and Why It Matters to You
Watch this Video on the U.S. Debt Ceiling: What it is and Why it Matters to You – presented by Forefield.
Equities Lose Their Mojo
Investors had plenty of noise to listen to last week with all the concerns over Italy, the European Union bank stress tests, debt ceiling negotiations, QE3 chatter, and a mixture of lethargic economic data. When the dust finally settled, all the domestic equity indexes were substantially lower for the past five trading sessions. The only two broad sectors that managed …
Stock Prices Move Higher Once Again
Stocks closed out the holiday-shortened week on a negative note as a result of last Friday’s employment report, but still managed to move higher on the week. The dismal employment report showed that just 18,000 jobs were created last month, which is nothing when you consider that we are a country of 300 million people. That measly figure was far …
Pre-Fourth of July Fireworks for Equity Prices
It’s certainly been a tumulteous first half of the year in the stock market, with signs of upheaval, unexpected downward surprises, and disappointing returns for investors across the board. Worries about how Greece and several other European nations will handle their debt problems, and recent signs of weakness for our own U.S. economy, have certainly weighed in on our markets …
Estate Administration Powers – Benefit Your Clients
National Advisors Trust Company recently received authority from the Office of Thrift Supervision to offer estate administration and guardianship services in addition to the trustee, employee benefit, IRA, and custodian services that National Advisors Trust has offered since its original chartering. The new estate administration and guardianship services are now available to clients of advisory firms that are National Advisors …
“Donor Advised Funds: Maximize the Tax Benefits, Build a Legacy”
Read Andy’s article published by Advisor One penning his thoughts on “Why Most Individuals Shouldn’t View Private Foundations As Only Available To The Ultra-Wealthy “… To Read More Click HERE