Markets need to digest recent gains

Greed and fear make the world go round. While Donald Trump attempted to tap into the latter emotion in his acceptance speech this week, investors were mesmerized by the opposite emotion, at least where the stock market is concerned. It is true that the markets, like...

The candidates and the economy

As the GOP political convention winds down and the Democrat convention gears up, we continue to hear a steady stream of economic ‘one liners’ from the candidates. We all know that fixing the economy is one of the major issues of this campaign but so far the candidates...

Markets make hay

A series of new historical highs rewarded investors who remained patient this year and remained invested. Unless something changes in the world of central banking, there is a good chance that further gains are in store for the stock market. There will be pullbacks...

Tax breaks for college savings

As the cost of college continues to soar in America, more and more states are offering tax breaks to families who are trying to save as much as they can for their kid’s educational future. The state of Massachusetts is deciding whether or not they will join the list...

Historical low interest rates prop up equities.

There was a time when soaring bond prices and correspondingly lower interest rates were a bad sign for the stock market and the economy. Thanks to worldwide central banks, that correlation no longer exists, or does it? Current wisdom on Wall Street will tell you that...