“The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable condition of existence. As individuals, we can feel more or less uncertain, but that is a distinctly […]
Instead of Bitcoin, how about an investment that is guaranteed, pays a relatively attractive interest rate and is free from state and local income tax? I Savings Bonds are issued by the United States Treasury Department. According to Treasury Direct, a government website, I Savings Bonds earn interest which combines a fixed rate and an […]
Every day we enjoy the benefits of an interconnected world. We might start our day with a cup of coffee that originated in South America, check our email on a smartphone designed in California and manufactured in Taiwan, then shower and change into clothes woven from Egyptian fabrics before driving a German-made car or riding […]
The Wall Street Journal reported this morning that Bitcoin, the popular digital currency, reached a few hundred dollars shy of $10,000 yesterday. The year-to-date increase in the value of Bitcoin is 896%. While we rarely receive inquiries from our clients about so-called cryptocurrencies like Bitcoin, we suspect that many of you are aware of them […]
There has been no comprehensive tax reform in the United States for over 30 years. The last time, Ronald Reagan was president. Dan Rostenkowski (Democrat from Illinois) chaired the House Ways and Means Committee, and Oregon Senator Bob Packwood chaired the Senate Finance Committee. Springwater’s Terry Donahe remembers it well, because he served as an […]
Click here to read our third quarter market commentary.
Click here to read our second quarter market commentary.
Click here to read our first quarter market commentary.
The US stock market, as measured by the Dow Jones Industrial average, has now experienced six consecutive days of losses. This has not happened since 2011. The markets may be questioning whether the new administration will be able to execute on plans that include tax reform, reduced governmental regulation, better trade arrangements and fiscal stimulus. […]
Click here to read our fourth quarter market commentary.