How good was 2017?
It was so good, the Standard & Poor’s (S&P) 500 Index finished in positive territory every month for the first time ever (on a total return basis), reported Barron’s. All major U.S. indices finished the year with double-digit gains.
It’s time to turn your mind to taxes.
Last week, President Trump signed tax reform, officially titled ‘An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,’ into law.
2017 has been a good year for most investors as stocks have rallied steadily throughout the year. The S&P 500 (total return) closed higher each month of the year, is now up almost 22% through mid December, and we haven't seen a 3% pull-back in that index during the year (LPL Research, YCharts).
Here we come a tax-reforming…
“It's the hap- happiest season of all.”
What will it take to shake investors’ confidence?
There was a lot to be thankful for last week.
Are investors more like tigers or African wild dogs?
It appears investors – retail and institutional – have become rather like predators. They patiently stalk shares, waiting for a dip, and then they strike – buying stocks when prices fall.
Selling it overseas.
Most of the companies in the Standard & Poor’s 500 (S&P 500) Index have reported third quarter earnings per share (EPS), which is the profit earned per share of stock outstanding during the period. Many have done quite well.
“Taxes are what we pay for a civilized society.”
U.S. Supreme Court Justice Oliver Wendell Holmes’s statement is engraved on the front of the Internal Revenue Service building in Washington, D.C. Some people agree with the sentiment. Others believe it to be a logical fallacy.
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