Why Earnings Are No Longer Enough to Drive Growth

Rising interest rates make a different animal of the stock market. Unlike when interest rates are steady or declining, positive earnings (overall for the market, not necessarily individual stocks) just aren’t enough to take the markets perpetually higher. Many companies are reporting excellent earnings, but the market appears to be somewhat stalled. Taking a look…

Trade Wars on the Horizon?

What This Could Mean for Financial Markets The Trump administration’s recent flurry of trade moves is spiking uncertainty and confusion among financial markets. His imposition of tariffs on steel and aluminum as well as levies on Chinese imports have provoked immediate reactions. China, for example, claims that the United States’ actions are a violation of…

High-Tax States Scheming to Offset New Tax Law Impact

The new GOP tax law places high income and property tax states at a distinct disadvantage. Before the new tax bill, any and all state and local taxes (commonly referred to as SALT) could be taken as itemized deductions without limitations. SALT includes both income and property taxes, so states where both are high such…

Blockchain Technology – Beyond Bitcoin

To many people, Bitcoin and blockchain technology are the same thing. Bitcoin might be the best-known example of a successful application of blockchain technology, but as soon as business leaders understood the power and advantages of the Bitcoin model, various industries, institutions and humanitarian organizations leapt on the technology as a solution to a variety…