The elimination of personal exemptions is one of many features of the tax reform proposal presently being debated in Washington. If passed, the new regime would realign the finances of industries, households and even countries.
This month's forecast follows a wave of generally positive economic data that appeared to shake off the weather-related disruptions seen throughout the summer and early fall.
The rapid expansion of artificial intelligence (AI) has generated a lot of excitement, but also some (perhaps justified) paranoia. Will computers replace—or even overtake—human beings?
After taking a hit earlier this summer, oil prices have climbed back around $50 a barrel. What’s my advice on oil price volatility? Hang in there. The good news—we’ve been through this before. The bad news—we’ve been through this before.
In late May, OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC oil producers agreed to extend production cuts through April 2018 in the face of oil inventories that remain well above average. While one would have expected a positive market reaction, many investors believed deeper cuts were necessary and the market has sold off sharply since the meeting.
Thursday, May 25 was the 100th trading session of the year for the S&P 500 Index. Much like the first 100 days of a new presidency, this is a nice time to reflect on what has happened, what hasn’t happened, and what could happen next.
How might the new administration make good on its promise of a lower corporate tax rate? The House has proposed funding the cut with a new border tax on imports (BAT).
Welcome to December. The year 2016 saw global turmoil in equity, credit, and energy markets in the initial months; a highly emotional U.S. presidential campaign and election; and a subsequent equity markets rally with various indexes at new all-time highs.