Month: August 2018

August
27

Provided by: Your Family CFO Team

Tick, Tock…

Not everybody loves meetings and even fewer enjoy reading the minutes, but investors make an exception with the Federal Reserve. This week the Fed published the minutes from its August 1 meeting. While no changes were made to interest rates, the minutes did provide insight to how the Fed sees the U.S. economy. Key Insights:…

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August
20

Provided by: Your Family CFO Team

As Maxwell Smart used to say…

Missed it by THAT much! After a rocky start, the Standard & Poor’s 500 Index came within 1 percent of an all-time high last week, reported Ben Levisohn for Barron’s. It’s significant because the Standard & Poor’s 500 Index has been trading below its January record all year. The article suggested the lack of progress…

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August
13

Provided by: Your Family CFO Team

Let’s Talk Turkey!

So, how did a country that represents just about 1.4 percent of the world’s economy spark a global selloff? Turkey was once a rising star. The country’s Prime Minister Recep Tayyip Erdogan took office in 2003 and his “conservative, pro-business policies helped pull the country back from an economic crisis,” reported Financial Times. As Turkey’s…

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August
06

Provided by: Your Family CFO Team

Capital Gains Tax Reform Comes with a Big Price Tag

Capital gains tax reform comes with a big price tag: $100 billion over 10 years.  A capital gain is any increase in the value of an asset, such as an investment, a home, land, etc., between its purchase and its sale. The amount of a gain is determined by subtracting the purchase price from the…

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