Bouchey Blog
The U.S. Commerce Department released their initial estimate of Gross Domestic Product (GDP) for first quarter and although the 2.3% growth rate was lower than the 2.9% growth rate the economy achieved in the last quarter of 2017, it was above analysts’ expectations of 2% growth. In fact, it was the best Q1 growth figure…
Given the recent volatility in the stock market, the first quarter of 2018 was a good time to roll-out our first quarterly webinar discussing the markets and economy. Please visit the youtube link below to listen to Steven & Ryan Bouchey as they discuss the recent volatility and our expectations moving forward. You can also follow…
Written by: Martin Shields With the passing of the Tax Cut and Jobs Act at the end of 2017, there were limited changes made directly to charitable giving but there were significant changes made to the standard deductions and deductibility of state taxes that will potentially impact charitable giving. The Act changed the standard deduction…
President Trump’s announcement last night of an additional $100 billion in tariffs against the Chinese in retaliation for China levying tariffs on $50 billion of U.S. goods earlier this week drove stock market futures into negative territory overnight, with the Dow down 450 points at one point. Futures stayed in negative territory leading up to…
Given the volatility we have experienced this week, we wanted to provide a summary of events that have impacted global stock markets. With the sharp decline suffered on Thursday, U.S. stock markets are down approximately 4% for the week. In fact, since hitting an all-time high 10 days ago, the Nasdaq Index is off nearly…
A spike in wage growth in February sparked concerns over rising inflation that caused the first market correction in two years, and raised concerns that the next bear market environment for stocks was upon us. In our last article this past December, we addressed how bear markets (i.e. decline of 20% or more) tend to…
Equity markets entered into a correction in the beginning of February for the first time since 2016, as wage growth came in better than expected and was the strongest the economy has seen since 2009. This surprise raised fear over rising inflation, which in turn, resulted in concern over the Federal Reserve raising rates faster…