Equities ended the abbreviated week on a bullish note – with the S&P 500 having its second best week of the year – boosted by positive retail sales estimates and upbeat economic reports out of Europe. For the week, the S&P 500 gained 3.62%, the Dow gained 3.73%, and the Nasdaq gained 3.99%, erasing some … Read more
As you gather with your family and friends this week, we urge you not to let anxiety over the fiscal cliff or sovereign debt problems in Europe distract you from what matters most. Turn off CNBC and close the Wall Street Journal for a few days. Use the opportunity to recharge your batteries. There’ll be … Read more
It’s Year-end Tax Planning Time As the end of the year approaches, we know you are busy with holidays, family, and travel, but it is also a good time to do some last minute tax planning. As a courtesy, we want to provide you with a few eleventh-hour tax tips you may find useful. Although … Read more
Let’s All Take a Deep Breath At the time of this writing, President Obama has won the Electoral College and will serve another term as President. In Congress, Democrats have won a majority in the Senate while Republicans have maintained control of the House. In this letter, we’re going to briefly discuss the impact of … Read more
A NOTE ABOUT HURRICANE SANDY: Sunday night, as Hurricane Sandy took aim at the heart of America’s financial district, both the New York Stock Exchange and Nasdaq stock market said they would not open for trading Monday due to the storm. Depending on how much damage is inflicted on the Eastern seaboard, there is a … Read more