The Market Is Going to Drop

What I’m encouraged about: The U.S. consumer is still strong.  There are nearly two jobs available What I’m keeping an eye on Reduce exemption on estate tax ($5.5M).  Dropped attack on step-up in cost basis in capital gains.  Capital Gains rates may still be going...

Markets Climb a Wall of Worry

There is no shortage of cliches to describe 2020: “unprecedented”, “new normal”, “uncertainty” are just a few that come to mind.  It is especially attention-grabbing how the market has responded.  The S&P 500 index of U.S. corporate stock prices recently hit an...