Benjamin Franklin said “Nothing is certain except death and taxes.” Originally a line in a letter back in 1789 about the US Constitution Benjamin Franklin wrote: "Our new Constitution is now established, everything seems to promise it will be durable; but, in this world, nothing is certain except death and taxes." IRA and Roth IRA | There is still time! If you have not yet filed your 2022 tax return you can still fund an Individual Retirement Account (IRA) for 2022. By doing

Inversion of 2 & 10 year T-Bond Yields is often a harbinger of a decline in the economy. An inverted yield curve is a favorite recession indicator of the Federal Reserve Board. When inverted it suggests that the near-term is riskier than the long term. Bond markets are flashing a warning signal about the growth prospects for the US economy, just as central bankers prepare to tackle soaring inflation with higher interest rates. The gap between long-term and short-term governme

The consumer price index comes in hot. January 2023 core inflation was up 6.4%. Firmer price pressures in January, the annual CPI inflation rate dipped less than expected. The core CPI inflation rate, which strips out food and energy, also came in hotter than predicted. The S&P 500 fought back from early losses but selling took hold in late Tuesday morning stock market action, following Monday's rally. UPDATED SEASONAL FACTORS INTRODUCED FEBRUARY 10, 2023 Each year with the

Are you winning on wall street? Here are some ideas for the new year! Where to begin? One of the cornerstones to good financial planning is having a retirement and Social Security strategy. If you have not yet filed your 2022 tax return you can still fund an Individual Retirement Account (IRA) for 2022. By doing this you can reduce your taxable income by the amount of the contribution for last year. The total contribution limits to your traditional IRAs and Roth IRAs can't b

by Stephen Akin | Recent data, research and articles point to a promising 2023 Most of you know that prior to entering the investment world I held a Merchant Marine Masters License. For several years I worked for Seal fleet and Hornbeck Offshore. In this post we take a look at what's going on in the industry. The MARATIME EXECUTIVE Reports that Pirates robed two offshore supply vessels the Gulf of Campeche The offshore oil and gas sector in Mexico's Bay of Campeche is a long