How The Debt Ceiling Came About
Formally known as the statutory debt limit, the United States debt ceiling or debt limit is a legislative restriction on the amount of national debt...
Macro Economic Overview
A Congressional standoff surrounding raising the debt limit led to increased market volatility as a political debate lingered. Impasses regarding the debt ceiling have occurred...
Market Indexes October 2021
October 2021(all values as of 09.30.2021) Stock Indexes: Dow Jones 33,843 S&P 500 4,307 Nasdaq 14,448 Bond Sector Yields: 2 Yr Treasury 0.28% 10 Yr...
Government Subsidy Benefits Overview
The U.S. Department of Agriculture announced that the Supplemental Nutritional Assistance Program (SNAP), also known as food stamps, will increase benefit payments by 25% starting...
Conversion of Traditional IRA to ROTH
Example # 1 – Full Conversion Harold has two IRA accounts. One is a contributory IRA and the other is a SIMPLE IRA and the...
Housing Update
As home prices have soared over the past year and housing inventories fallen, more and more families are being forced to rent rather than own....
Food Inflation
Various factors have contributed to bacon’s higher costs over the past year, including rising feed costs, processing costs, increased demand, and newly passed animal confinement...
Bond Yields Starting To Feel Pressure – Fixed Income Update
The Federal Reserve announced that it anticipates alleviating bond buying possibly later this year, yet with no imminent interest rate increases for now. The Fed’s...
Global Equities Stay Steady In August – Equity Update
Global equity markets advanced in August amidst growing concerns surrounding Covid variant threats. Continued supply issues of critical components for various products weighed on earnings...
How To Digitize Your Covid Vaccination
As millions of Americans have now been vaccinated, the little white card showing proof of vaccination may eventually not suffice. Various schools, employers, and government...