After several last-minute changes, the Senate voted 51-49 in the early hours of Saturday morning to pass their version of tax reform. Only one Republican, Tennessee Senator Bob Corker, voted against the bill, concerned about the $1 trillion or more in budget deficits the plan is expected to create. President Trump has been adamant about his desire to sign a final bill before Christmas. While we’re not quite there yet, the Senate’s vote Saturday morning crossed one potential roadblock and has made some form of tax reform by Christmas much more likely. Read more
Stocks bounced back last week after two weeks of declines. The S&P 500 rose 0.9% and is poised to deliver its 11th month of positive performance this year. The MSCI ACWI climbed 1.0%. Bonds rose as the Bloomberg BarCap Aggregate Bond Index gained 0.2%. Read more
Published by Scott Ford, Member of the Investment Committee for Carson Group Partners
Have you ever thought about the possibility of living past the age of 100? If you haven’t, you probably should. While there are currently about 75,000 centenarians in the United States, it is predicted that by 2050 that number will rise to 1 million. People are living longer than ever before, and this plays a significant role in how you plan for your retirement. Read more
Global stocks retreated marginally for the second week in a row. The S&P 500 fell 0.1%, and the MSCI ACWI slipped 0.2%. Bonds rose as the Bloomberg BarCap Aggregate Bond Index shed 0.2%.
Markets were disrupted by news from manufacturing giant GE that it plans to restructure its business. Read more
Global stock markets edged slightly lower after reaching new highs earlier in the week. The S&P 500 and the MSCI ACWI both slipped 0.2%. Bonds fared worse, as the Bloomberg BarCap Aggregate Bond Index shed 0.4%. Even with the slight decline, the S&P 500 and the MSCI ACWI are positive for November. Read more
Focus on these 7 fundamentals that will ultimately help you make the most out of every dollar you’ve saved for retirement.
If you could speak with the most successful investors in the world…What would they tell you to do with your investments today? And what would they tell you not to do? Join your Wealth From Wisdom co-hosts Mark and Paul as they discuss 10 things smart investors never do!
Last Thursday House GOP leaders unveiled the Tax Cuts and Jobs Act (TCJA), a tax plan that proposes a broad overhaul to the corporate and individual tax system, building from the framework announced in September by the White House and House GOP leaders. The TCJA proposes to create more jobs, grow paychecks and bring fairer taxes to American families. Read more