We are all in this together
(This information is accurate as of March 13th 2020.) Just when we think the world can’t move any faster, it does. Like many of you, my thoughts and actions around the coronavirus (COVID-19) have changed rapidly [...]
Market Moving News
As of this week, the government shutdown is now the longest in U.S. history. Granted, it is only a partial shutdown. Previous wholesale shutdowns occurred in January 2018 over immigration (specifically saving DACA-Deferred Action for Childhood [...]
3rd Quarter 2018 | John’s Market Commentary
Well, 2018’s third quarter earnings season is history. It was pretty much a repeat of both the first and second quarters. The U.S. economy will stay strong in 2019 and inflation will tick-up above 2% and [...]
3rd Quarter Economic Update | November 2018
It can’t get a whole lot better in the U.S. job market (or can it?). The employment situation continues blast through expectations. The number of Americans losing their jobs and applying for unemployment benefits each week [...]
2nd Quarter 2018 | John’s Market Commentary
Well, 2018’s second quarter earnings season is history. It was pretty much a repeat of the first quarter. Once again, if you were to read the headlines, you would be led to believe the end-of-times was [...]
2nd Quarter Economic Update | August 2018
Real gross domestic product (GDP) increased 4.1% in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. This is up from 2.2% in the first quarter. The 2nd [...]
Kentucky Tax Update | 2018
On April 13, 2018, Kentucky legislation passed a new tax bill into law. Instead of reading the thousands of pages of the new tax law, which I know many of you enjoy dearly, I thought a [...]
1st Quarter Economic Update | May 2018
Our economic indicators continue to run positive for the first quarter of 2018. Consumer spending, business investments and residential fixed investments rose at a 4.6% annual rate. Gross Domestic Product (GDP), a broad measure of the [...]
John’s Market Commentary Q1 | 2018
Well, 2018’s first quarter earnings season is in the process of winding down. The first quarter of 2018 had considerably more noise with respect to earnings because of the new tax law changes. However, earnings are [...]
Trade Tactics: New Metals Tariffs Reflect U.S. Policy Shift
On March 8, 2018, President Trump imposed a global tariff of 25% on steel imports and 10% on aluminum imports.1 A tariff is a tax on a particular class of imported goods or services that is designed [...]