Bouchey Blog
We’ve been hearing rumors for months that the Federal Reserve would be tapering their monthly bond buying policy, otherwise known as Quantitative Easing (QE). Well that day finally occurred yesterday as the Fed announced that they would begin pulling back on their stimulus program by scaling it from $85 billion to $75 billion. For several…
In an effort to keep you on your toes I have decided to contribute to our blog for the first time. So allow me to introduce myself. I am Victoria Baecker, the Director of Communications here at Bouchey Financial Group, Ltd., and I wanted to send you on your holiday weekend with a light hearted…
As part of our ongoing investment due diligence and research, we are attending Charles Schwab’s annual conference in Washington D.C. Of the many great speakers we have heard from, we wanted to share the thoughts of two very prominent speakers. Gregory Valliere, who is the Chief Political Strategist at the Potomac Research Group (www.potomacresearch.com)…
Every year in the fall, the federal government provides new guidelines on how much can be saved to an employer based retirement plan and annual adjustments to Social Security. Below is a summary of the major changes released this fall for 2014. The elective deferral limit (i.e., participant contribution limit) for 401(k), 403(b) and 457(b) plans remains…
Market Overview: September marked the five‐year anniversary of the financial crisis. Although the general mood of the country doesn’t always register that we have made much progress, the markets have certainly come a long way since September 2008 (174% off March 2009 lows as shown in Exhibit 1). This strength was evident in the markets…
This week President Obama named Janet Yellen to be the next head of the Federal Reserve replacing Ben Bernacke who will step down from the post at the end of January after six years in the position. A milestone in the world of finance and economics, Ms. Yellen will be the first female to hold…
We are once again in a situation where investors find themselves more concerned with what is occurring in Washington than what is occurring in the US economy. It started last week when the Federal Reserve decided to continue its bond buying to stimulate the economy instead of implementing its “tapering” program that it outlined in…