Blog
Helpful Information for Filing 2020 Income Taxes & Proactive Tax Planning for 2021
Income tax is a large revenue source for the United States government. While tax rates have changed many times, since the 1860’s, the United States has used a “progressive” tax code.
Quarterly Economic Update: Fourth Quarter 2020
There are many years that history could easily forget, but 2020 certainly will not be among them.
Strategies for Investors in Uncertain Times
After one of the most contentious presidential elections in recent history, as of November 6th, the election results are still not finalized and they might be contested for the foreseeable future.
Annual Plan Limits
For Plans that are on an off-calendar year, compensation is based on the annual limits in effect at the beginning of the Plan Year…
Research
Q3 Earnings Should Be Fine, but Expectations Beyond This Quarter Are High | Weekly Market Commentary | October 21, 2024
The S&P 500 consensus earnings growth number of 3% for the third quarter is not something to write home about, especially after double-digit earnings growth in the second quarter. The soft number is partly due to a tougher comparison. In Q2 2024, earnings had an easier comparison with a 3.3% drop in earnings in the prior-year quarter (Q2 2023 vs. Q2 2022). For the third quarter now being reported, the comparison gets tougher as earnings growth in Q3 2023 was over 5% (vs. Q2 2022).
Just When We Recalibrated, Another Shock Arrived | Weekly Market Commentary | October 7, 2024
Federal Reserve (Fed) Chair Jerome Powell said last month’s decision to cut the fed funds target rate by a half percentage point was due to a “recalibrating” policy, as the Fed follows its dual mandate regarding inflation and growth.
Gold Rally Is No Flash in the Pan | Weekly Market Commentary | September 30, 2024
When it comes to investing, gold may be the antithesis of artificial intelligence (AI). The precious metal has acted as a store of value for thousands of years with zero technological innovation — gold is discovered, not developed. Gold is also a real tangible asset and can act as a potential hedge against inflation or a safe haven during times of crisis.
Policy Crosscurrents: Potential Market Impacts | Weekly Market Commentary | September 23, 2024
Of course, last week’s headliner was Jerome Powell and the Federal Reserve (Fed) cutting rates by a half percent on Wednesday, September 18, the first time since the COVID-19 pandemic broke out in 2020. The Fed “pause” ended at 423 days and now stands as the second-longest on record, while the 26% gain for the S&P 500 during the pause (7/27/23–9/18/24) ranks first. Here we share some thoughts on the Fed’s move last week and some potential market implications of not only Fed policy but also fiscal policy post-election.
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2582 N. Santiago Blvd, Suite A
Orange, CA 92867 (map it)
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Fax: 714 547-8080
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