Posts Tagged ‘year’
Stocks Tick Higher After Fed Minutes
Stocks Tick Higher After Fed Minutes Blue-chip stocks tacked on a second straight session of gains this year, boosted by encouraging economic data and relief over a quiet set of minutes from the Federal Reserve's last meeting. Read the rest of this entry »
Stocks End 2010 with Double-Digit Gains
Stocks ended just below record two-year highs with solid double-digit gains for the year after a quiet New Year's eve session that ended with the major indexes narrowly mixed. Alcoa and American Express rose, while Hewlett-Packard fell. Read the rest of this entry »
3 Stocks Likely to Dip in December
Hough: Statistics say these small companies could end the year with a whimper. Read the rest of this entry »
Dow Declines for a 5th Day
Stocks were little-changed on the lightest volume of the year, as investors looked... Read the rest of this entry »
Dow Falls 10% for Quarter
All three major stock indexes swooned to end the second quarter at new lows for the year,... Read the rest of this entry »
Kiplinger Tax Letter June 25, 2010 (The Kiplinger Tax Letter)
Dear Client: As the midpoint of the year approaches...Congress has a lot of work to do on taxes. Sure, lawmakers passed a major health reform law that had significant tax provisions...a 3.8% surtax on the investment income of upper income filers, an excise tax on firms that don't provide insurance to workers and penalties on folks without insurance. But fixes for several other pressing tax problems are either bogged down or have been put off. (Please log in to read further...) Read the rest of this entry »
Market Acting Stronger Than It’s Supposed To (McClellan Market Report)
We are now in the 2nd year of a presidential term, which is when bear markets are supposed to appear. And we are also now entering the soft part of the year, the part that led to the old saying, "Sell in May and go away". Yet the one fly in the ointment is that some measures of the market like the A-D Line are showing greater strength than what one would expect for this part of the year. That does not mean we have to see the market continue up this summer, but strength that appears when it is not supposed to is a reason for concern, and for further study. Read the rest of this entry »
Kiplinger Tax Letter February 19, 2010 (The Kiplinger Tax Letter)
Look beyond the upcoming FINAL health care vote. Other tax bills are making speedier progress,driven by congressional Democrats' continued worry that if the economy still sags come this November,their party will face a disaster in the voting booth. The result: More tax relief for businesses.Start with a tax credit to spur job creation. President Obama just signed a law exempting firms from paying Social Security tax this year for workers hired after Feb Read the rest of this entry »
Kiplinger Tax Letter (The Kiplinger Tax Letter)
A new round of tax cuts is on the way. Lawmakers want to give another jolt to the economy. Senate tax writers are leading the charge with a package of breaks that has bipartisan backing. Read the rest of this entry »
Kiplinger Tax Letter February 4, 2010 (The Kiplinger Tax Letter)
Obama's timetable for tax hikes is in trouble. Democrats aren't fully supporting his plan. While Obama wants action this year on his proposal to end the Bush tax cuts for upper income taxpayers, some Democrats in Congress worry about losing seats in the Nov. elections and would prefer to delay a vote on his plan until the U.S. economy picks up steam. Obama wants to revive higher top tax rates...36% and 39.6%...in effect before the Bush tax cuts were OK'd in 2001. His budget plan for fiscal 2011 would start the 36% tax bracket at about $231,000 of taxable income for married couples and approximately $196,000 for single filers. Read the rest of this entry »