Although Congress is divided and everyone (including the markets) anticipates gridlock for the next two years, late last year Congress passed the Secure 2.0 Act as a part of the overall budget bill.
For the first time in over 2 decades Wall Street strategists are calling for a down year in the stock market in 2023. The last time strategists forecasted a negative market was 1999.
Writing about politics in this era feels akin to walking into a lion’s den slathered in BBQ sauce. However dangerous it feels, as we head into a highly contentious November 8th its important you have some perspective about mid-term elections and the stock market.
The Fed next meets September 20th – 21st to discuss hiking rates another 0.50% or 0.75%. The magnitude of the hike will depend on August inflation numbers and jobs reports.
Wineries can be found in every state, even Alaska has four winemakers, and below you will find my favorite American grapes and the best regions to source those wines.
Markets have struggled to find direction the last 30 days. After the dramatic sell-off in the first half of the year, since June 15th the market is moving mostly sideways ranging +/- 2%, looking for a direction to go.
Champagne is great all the time. Celebrations? Check. Date night? Check. Casual night in? Check. Point is, there is no wrong occasion to enjoy a nice glass of Champagne! Possibly During these warm summer days while you are out on your patio dreaming of cooler fall weather, here are some pointers on what to look for on your Champagne label. Even if it’s in a different language you should review: Location, Vintage, Sweetness and what Stemware you use.
Markets have enthusiastically reminded us about volatility and risk so far this year, but being an investor means occasionally taking your knocks when markets are down. There has been nowhere to hide in 2022, with stocks and bonds both taking a beating and minimal havens (gold, cash, energy) to provide support.