Deciding When To Take Social Security – Retirement Planning – June 2019

Deciding when to take Social Security benefits is one of the most important decisions one will make for retirement. You may either base the decision strictly on monetary benefits, or your decision may be more personally based. The important question is when to start taking benefits, at age 62 or postponing benefits until age 66, or even later. The answer …

Europe Buys More From China Than It Does From The U.S. – International Trade

Europe Buys More From China Than It Does From The U.S. – International Trade Over the years, Chinese exports have inundated not only the United States, but the European Union (EU) as well. Similar to the trade imbalances with the U.S., the EU also has trade imbalances with China. China has become a significant influence on the EU and its …

2018 Saw An Increase In Striking Workers – Labor Market Overview

2018 Saw An Increase In Striking Workers – Labor Market Overview As occupations and trades evolved over the decades in the United States, so have the workers that have been on strike. The Bureau of Labor Statistics monitors and tracks the number of idle workers on strike nationwide, known as work stoppages. For over 200 years, strikes in the United …

Consumers Opt For Auto Loans Rather Than Mortgages – Consumer Credit

Consumers Opt For Auto Loans Rather Than Mortgages – Consumer Credit Data released by the Federal Reserve Bank of New York found that Americans have been borrowing more for automobiles and less for homes. While new mortgages fell to their lowest levels since 2014, car loans have been steadily increasing. A weakening housing sector along with tepid wage growth has …

Global Uncertainty Drives Demand For U.S. Treasuries – Fiscal Policy

Global Uncertainty Drives Demand For U.S. Treasuries – Fiscal Policy – March 2019 The prospect of an increasing deficit has led to an increase in debt issuance by the Treasury due to an expected shortfall of tax revenue. The Treasury issues debt in order to fund the ongoing operations of the U.S. government. Some of the recent tax measures passed …

Less Cheese Exports Affect U.S. Dairies – Agricultural Trade

Less Cheese Exports Affects U.S. Dairies – Agricultural Trade U.S. dairies are among the largest producers of cheese in the world, producing from cheddar to mozzarella. The global cheese market is currently made up of over 21 million tons of cheese production coming from countries all over the world. Cheese comes in various forms, as large uncut blocks to small …

OPEC Weakens Further – Oil Industry Focus

OPEC Weakens Further – Oil Industry Focus – March 2019 The once almighty oil cartel known as OPEC (Organization of the Petroleum Exporting Countries), has weaken to the point that its members have lost confidence in the organization’s ability to manage and control oil prices as it has done for decades. Recent political events for certain OPEC members have further …

Tax Breaks For Family Caregivers – Tax Planning

As the number of elderly has grown nationwide, so has the need for caregivers. The baby boom generation, the largest demographical segment of the U.S. population at 74 million, are now entering their late 60s and early 70s. Many are still very capable of caring for themselves, but others are in need of assistance as they progress into their senior …

Oil Prices Take A Large Drop – Commodities Update

Global oil prices declined sharply in November, with the domestic benchmark (WTI) falling 22% for the month, the single largest monthly drop in 10 years. The steep drop in price is a result of increased production by U.S. producers as well as Saudi Arabia, Russia, and OPEC. The recent price decline is of grave concern to OPEC, Russia, and Saudi …

Rates Fall In November – Fixed Income Update – December 2018

The recent trend in rising rates slowed in November as expectations intensified that the Fed may not raise as ambitiously in 2019 as initially projected. The yield on the 10-year Treasury bond fell from 3.24% at the beginning of the month to 3.01% at month’s end. The drop in rates may be interpreted by equity markets as either positive or …