Strong Economic Fundamentals Drives Shares to New Highs October has a ghoulish reputation. Maybe it’s the October 1929 market crash or the one-day decline in October 1987 that exceeded 20%. Using data from the St. Louis Federal Reserve that goes back nearly 50 years,...
Nine Years Old The economic recovery began in July 2009 – that according to the National Bureau of Economic Research, the official arbiter of recessions and economic expansions. A quick review of the math and it means the current expansion just turned nine years old,...
As you are probably aware, the new tax law is a mixed bag for contractors in California. While there are certain provisions that are helpful to small businesses, the loss of the “SALT” deductions (state and local taxes) has most likely increased the total tax burden...
2017 will go down in the record books as a “bull market” year. The bulls took charge the day after election day, keeping the bears on the defensive throughout 2017. After a prolonged period of sluggish growth, 2017 was marked by synchronized global expansion across...
I had the privilege of attending an intimate meeting with Treasury Secretary Steven Mnuchin and Special Advisor to the President Ivanka Trump this morning. The small group met in Newport Beach and both Mnuchin and Trump outlined the proposed tax law changes. Ivanka...
