In the News
It’s no secret that the fear over the Coronavirus has added to the volatility of the stock markets over the past week, and the correction has been fast and furious, the steepest decline in the shortest amount of time ever. The stock markets are resilient, but it feels different because of the uncertainty surrounding this…
2020 Economic Outlook: How Macro Impacts the Micro for Your Business Please join us for our annual Economic Outlook Presentation! Wednesday, February 5th, 2020 Loft 433, 433 River Street, Troy, NY 12180 11:30 a.m. Check-in & Luncheon; 12 – 1:00 p.m. Presentation $35 Members; $50 Member Walk-ins If you have questions, please contact Rachael Murray at rmurray@renscochamber.com…
With the holiday season upon us, we often feel compelled to evaluate, and frequently to increase, our charitable giving. This time of year, we typically are reminded that giving to others can be personally fulfilling in a multitude of ways. In many cases, our deepest values guide us to give back to our communities, supporting…
Why this financial planner says we shouldn’t worry about a recession (yet) By Chelsea Diana – Reporter, Albany Business Review The economy has been strong for more than 10 years, after a run like that investors start to wonder — when is the next recession? Steven Bouchey, president and CEO of the Bouchey Financial Group, said there is…
With the increase in stock market volatility we have experienced this year, investors may have wondered why their fixed income positions are showing losses. As a reminder, we view fixed income as a conservative asset class that offsets the risk of the stock portion of diversified portfolios. The primary goal for fixed income is capital…
Bouchey Financial Group was honored to host 300 clients over two nights for our annual State of the Economy presentation. This year’s emphasis was on the recent volatility in the markets, our outlook for 2018 and whether or not economic factors were in place to lead us to a market bubble and/or a recession. You will…
Written by: Ryan Bouchey Today members of the House Ways & Means Committee passed their version of the tax bill which is the latest step to getting the much anticipated tax reform President Trump has promised. Let’s dig in to some of the details to see how it may affect you. Top tax rate remains…
Written by: Marty Shields We are seeing more situations where our clients who are close to retiring from large companies such as GE, National Grid, Golub and Verizon are being offered early retirement packages to incentivize them to leave a few years earlier than they expected. These packages frequently offer an option to take a…
Written by: Steven Bouchey Before we talk about whether or not President Trump can take credit for this rally, let’s look back at some of the lowest, deepest and darkest days for investors. As I write this we’re celebrating the eight-year anniversary of the end of the “Great Recession” and the beginning this bull market…
Written by Ryan Bouchey: The April jobs report came in well off its expected 200,000 number as the U.S. economy only created 160,000 last month. Is this an indication that the economy is doing worse than expected? Or is it a blip in the radar? Well there’s a few different ways to look at it.…
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