Perhaps the most despised federal levy is the alternative minimum tax, which Congress passed in 1969 to prevent the loophole-savvy ultra-wealthy from shortchanging Uncle Sam. Over the years, AMT’s reach
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While the weather for March may be much more unpleasant at the beginning of the month relative to the end of the month, the same could not be said for
Not many of us would envy the Federal Reserve’s job of overseeing the U.S. economy. It’s a monumental task, one that requires vigilant watch and careful utilization of tools that
Stocks have made an abrupt about-face in the early days of February after marching steadily higher in January, a continuation of the bull market party in place since the election
2017 was a year to celebrate gains in most stock markets around the world. The S&P 500 index continued to be the favored index, though some international markets also shone
The future course of interest rates is a topic of much attention lately, as the economy continues its slow but steady recovery from the financial crisis of 2008. How quickly
Last month marked the 30-year anniversary of the October 1987 stock market plunge in which the major indices fell over 20% in a single day. It still remains the largest
Stocks continued to advance in the third quarter, with the S&P 500 index rising about 4%. That is a pretty strong result for the period, especially as August and September
After a relatively strong start to the summer season—with the S&P 500 index rising in June and July—stocks took a breather in August, finishing essentially flat. Small-cap stocks and energy
Both the stock and bond markets were kind to investors last month, posting reasonable gains for investors. This was a nice gift since — as we discussed in last month’s