Federal Reserve Chairman Jay Powell reiterated his warning that getting inflation under control will require some pain.
The difficult 2022 for stocks may not get much easier because as we now wait for better news on the inflation front, we have to contend with a seasonally weak month of September. While we got some welcome news in Friday’s jobs report, more evidence of falling inflation will take time to materialize. The good […]
An initial public offering is the term used when a privately-held company offers stock to the public for the first time. IPOs are more common among newer companies, but slightly older privately-held companies may also decide to “go public”,
An ILIT is a trust primarily set up to hold one or more life insurance policies. The main purpose of an ILIT is to help reduce federal estate tax. If the trust is drafted and funded properly, your loved ones should receive all of your life insurance proceeds, undiminished by estate tax. One of the […]
Economies and markets are cyclical. They may include periods of wealth creation and times of bursting bubbles that bankrupt companies in a major downturn. “Boom and bust” cycles may last anywhere from a few months to a few years or longer. During boom times, the economy grows, there are more jobs, and the market provides […]