2024 Year-end Financial Reminders
An impactful piece of tax legislation, the Tax Cuts and Jobs Act 2017, was enacted under Trump’s first administration. This legislation was scheduled to sunset at the beginning of 2026, however given Trump’s victory, it is highly likely that during his second administration key provisions in this bill, including the temporary increase in the lifetime gift and estate tax exemption, will be extended. read more...
Q3 2024 Market Update: Bull Market Run Continues
We’ve had a strong market this year, although it doesn’t quite feel like it. Both the S&P 500 Index and the Nasdaq Composite Index are up nearly 21% through September 30, 2024, and the usually stodgy Dow Jones Industrial Index is up a strong 12%. read more...
This Bull Market Has Been Easy to Spook – What to Watch for This Fall
Despite a big pullback at the end of July and early August, the equity markets have been on a tear in 2024. The S&P 500 Index, which tracks 500 leading U.S.-traded companies, is up over 18% through the end of August, outpacing the tech-heavy Nasdaq Composite Index, which is up +17%. read more...
Q2 2024 Market Update: Favorable Backdrop Continues, But Markets on a Highwire
After a bumpy start in April, most U.S. equity indexes continued to climb in the second quarter of 2024. read more...
One More Day: Warren Buffett and the Berkshire Hathaway 2024 Annual Meeting
This was the first annual meeting since Charlie Munger's death. Less well-known than Buffett, Munger was the Chairman of Berkshire Hathaway and a brilliant, witty investor and person. read more...
Q1 2024: Off Like a Rocket
The U.S. stock markets hit record high levels in the first quarter of 2024, as continued economic strength, the potential for market-boosting interest rate cuts later this year and investor exuberance around the potential for artificial intelligence drove U.S. equities higher. read more...
Tax Deadline Reminders
Tax day is Monday, April 15, 2024. October 15, 2024, is the tax return due date for those filing extensions. A few reminders as we get closer to the deadline. read more...
2023 Year-end Review and Outlook for 2024: Are Market Expectations Overly Optimistic?
2023 was a strong year in the equity markets. As we closed the year, market participants became increasingly confident that a “soft landing” (continued economic growth despite tightening monetary policy) was likely, and that the Federal Reserve would begin to cut interest rates beginning as early as March 2024. read more...
2023 Year-end Financial Reminders
2023 went by quickly! As we near year-end, please note the following tax deadlines and financial housekeeping to-do items. As we move into 2024, note that major changes could be coming to the personal tax landscape over the next several years. read more...