The Stretch IRA is Dead
The SECURE Act, effective January 1, 2020, has ended the Stretch IRA for most adult non-spouse beneficiaries.
The Dow Closes Above 28,000
On Friday, November 15th the Dow closed above 28,000 for the very first time. This is the breakout we have been waiting for.
Recession? Yes or No
The word Recession hit the airwaves on August 14th and a stock market sell-off ensued. The Dow dropped 800 points (-3.05%) on that day.
Stock Market Regains May Losses
In June the stock market and the bond market rallied sending conflicting signals about the economy. It is unusual for these two markets to move in the same direction.
Geopolitical Uncertainties Roil the Markets
In spite of a strong economy, the geopolitical uncertainty roiled the stock market in May. Only time will tell how these issues are resolved.
Strong Economic Numbers Fuel the Market Uptrend
The recovery from the fourth quarter market decline has been swift and after four months, 2019 is on strong footing.