U.S. Wealth Group Post by Robert Santarpia

Market Review March 2018

As the first quarter of 2018 came to a close, investors have reason for a great deal of optimism. Indicators of strong corporate earnings carrying over from the end of last year is supporting markets, and GDP growth is continuing to rise and make way for global expansion. While a US trade war looms, giving way for a potential shaky international trade, its potential effects are not yet apparent in the current economic climate.

Market growth supported by strong earnings

While some market experts have claimed the rise in stock prices has created a market...

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Market Review February 2018

After an extremely positive start to the year, the global economy has come back down to earth in what has been a volatile and unpredictable month. Led by a market sell-off, some analysts believe that as a whole the global economy is not done growing and positive signs are still to come.   Market Correction? The beginning of 2018 continued the bull market that was seen in the previous year. However, February brought investors back down to earth, with a market correction that saw the Dow Jones Industrial Average 12% in just two weeks to start the month, and...

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Market Review January 2018

After a great run in 2017 many investors wondered if global markets would come to a screeching halt. However, this has yet to happen, and there seems to be great carryover into the new year. 2018 has started with a bang and investors hope for it to continue as we move forward through the first quarter of the year.   Stock market has record month. Is it a bubble? The beginning of 2018 has been good to the stock market. The Dow Jones rose to 26,149 and the S&P 500 rose 5.6% making it the best month for stocks...

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Market Review: December 2017

GOP tax bill passes The biggest piece of speculation over the past several months has been whether or not the GOP would be able to push their proposed tax bill through Congress. The end of the year brought good news for President Trump as the bill was pushed through both the House and Senate and will make immediate changes that could ripple throughout the entire economy. Pieces of this bill will significantly help big Wall Street corporations. The corporate tax rate is being cut from 35% to 21%, which should bolster the bottom line of many publicly traded companies. Additionally, the bill...

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The New Tax Plan- What you need to know

Congress has just passed the most sweeping tax code overhaul in decades. Once signed into law, the majority of its provisions will kick in on January 1, 2018, with many of the changes expiring after 2025. The tax bill will have almost no effect on your 2017 tax return.   1.Tax brackets will change. The final tax bill keeps seven tax brackets but changes the tax rates, which shifts income into lower brackets. The long-term capital gains tax rates remain essentially unchanged, and short-term capital gains will be taxed at the adjusted ordinary income tax rates. Most (although not all) taxpayers would owe less...

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Market Review November 2017

Online holiday sales hit all-time high The beginning of the holiday season is marked by two things, the post-Thanksgiving food coma and the retail sales that follow on Black Friday. This year sales on the day hit record highs, with more consumers purchasing goods on their mobile devices than ever before, marking positive signs to come for the retail economy in the coming month. With $7.9 billion sold on Black Friday the retail sector saw its numbers jump almost 18% from the year before. Expectations from brick-and-mortar stores does not look as promising, given the initial findings that 40% of all sales...

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