Month: February 2015

February
23

Provided by: Jon McGraw

It’s All Greek to Investors

Things weren’t looking so good for Greece on Thursday. Barron’s explained: “… Germany scotched Greece’s request for a six-month extension to its existing aid package. Athens had sought more time to renegotiate the Draconian austerity package imposed on the land of Pericles, to keep from going bust and, perhaps, being kicked out of the eurozone.”…

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February
17

Provided by: Jon McGraw

Animal Spirits Improve

Animal spirits were improving last week, according to Barron’s. The idea of animal spirits was introduced to the dismal science (a.k.a. economics) in the late 1930s, courtesy of John Maynard Keynes. In The General Theory of Employment, Interest and Money (a dreary title that surely could have benefited from an injection of animal spirits), he…

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February
09

Provided by: Jon McGraw

What’s in an Employment Report?

Last week, the U.S. Bureau of Labor Statistics’ Employment Situation Summary was full of encouraging data. Employment numbers for November and December were revised higher, which made 2014 the strongest year for job growth since 1999. However, 2015 isn’t off to a shabby start. The economy added just over a quarter of a million jobs…

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February
02

Provided by: Jon McGraw

Know Your Retirement Plan Numbers for 2015

We’re already one month into 2015—how time flies! When a new year begins, many people resolve to be savvier with their money, whether that means making sure they’re getting all the tax deductions to which they’re entitled, finally thinking about succession planning for their business, or reviewing those old insurance policies they haven’t looked at…

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February
02

Provided by: Jon McGraw

As Goes January, So Goes the Year?

It’s true. January did not turn out to be the best month for U.S. stock markets. At the end of the month, the Standard & Poor’s 500 Index (S&P 500) was down about 3.1%. Before you start listening to pithy observations—the saying “as goes January, so goes the year” has been making the rounds—think back…

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