Trump

January 16, 2020

Lessons we learned from the last decade…

2010-11: Aftershocks of the Great Recession The best way to see how much can change in a decade is to remember how things were at the end of the last one.  In 2010, we were coming off the worst decade for stocks since the 1930s. The Great Recession had devastated the retirement savings of millions of people. Many of the world’s most famous financial institutions had collapsed.  And the national unemployment rate was near 10%.1 It was a scary and uncertain time. Many investors had fled the markets entirely by 2010, some for good. As a result, they missed a […]
January 9, 2020

What do I need to know about the SECURE Act?

Before we dive in, understand that the SECURE Act is over 20,000 words long.  (And in fact, the Senate had to tuck it away in a much, much larger appropriations bill to pass it.)  That means there isn’t room to cover every provision of the new law, and many won’t apply to you anyway.  So, what follows is a brief overview of the major changes that could affect your finances. Are you ready?  Then take a deep breath as we review…   Changes to the IRA “stretch” provisions1 For years, one of the most popular estate planning strategies was the […]
April 11, 2018

Opening Outlook on Trump and 2017

Every Monday, we receive an email from Brian Wesbury and his Economics team at First Trust. This week’s was especially interesting and I thought you would enjoy reading this as you start your New Year. Here’s to a prosperous 2017 for you and your family! Watch the Spending Brian S. Wesbury, Chief Economist Robert Stein, Deputy Chief Economist Date: 1/3/2017 President-elect Trump wants a Race Horse Economy, not a continuation of the Plow Horse we’ve had for the past several years. Out of all of his proposals, the one that should help the economy the most is corporate tax reform, […]