Tax Reform Proposals

by Susan Jung on

This week, the Administration announced the tax reform proposals that they believe are the best path forward for the US economy and taxpayers. These proposals1 will be subject to debate and surely along party lines.

Some of these proposals  include the following: 

  • Tax cuts for individuals and...

Equifax

by Susan Jung on

You may have noticed that there was a news announcement of a significant data breach at the credit monitoring agency Equifax. The data breach exposed millions of American’s personal data to public release. This is not an insignificant event as credit and personal data can be used for fraud...

New Apple Products

by Susan Jung on

Apple unveiled new products at a press event this week including iPhones, an updated Apple TV, and a cellular enabled watch. This was a widely anticipated event and most predictions made turned out to be accurate. Not many surprises were unveiled.
 
The main focus of the event was the iPhone X and...

Macro Trends

by Susan Jung on

We watch trends carefully. One clear transition that is occurring is that cable TV companies are under pressure as cord cutters move towards offerings such as Netflix and Hulu. In fact, Disney recently announced its own internet service to launch in the next two years. We believe this is the...

Federal Reserve Chair

by Susan Jung on

Over the weekend Janet Yellen gave a policy speech in Jackson Hole, Wyoming outlining her view that the regulations implemented after the financial crisis has provided stability to the financial system. She was quite blunt in her statement that regulation was needed and she believes is merited on...

Government Shutdown

by Susan Jung on

It’s time once again for a game of brinksmanship as the President suggests that the government may be shutting down if funding for his proposed border wall does not move forward. He has communicated this information in speeches (as well as on Twitter) but has been countered by legislative...

Most market watchers believe that eight years ago today, the bull market began in equities. A friend of mine, senior CNBC reporter Michael Santoli, wrote a brilliant article outlining his views on the current bull market and past downturns during the last eight years. This article is a helpful...

Markets Up Yet Again

by Susan Jung on

 

Here’s the most common question I’m asked as of late, “Does this market rally make any sense?”.
 
If you read last week’s update, you know that our belief is the market is rallying based on a high degree of optimism for increased economic growth. This enthusiasm is prompted by a belief that the...

Are Markets Overvalued?

by Susan Jung on

Seems like equity markets climb upward on a daily basis. With the Dow approaching 21,000, investors and market watchers are attempting to determine whether markets are overvalued. Robert Schiller seems to think so and said so in a CNBC interview recently.
 
In an article written by Alex Rosenerg...

Theranos and the Lesson of Tangible Results

by Susan Jung on

Theranos, the blood testing start-up (once a darling of institutional investors), continues to struggle. Today it was reported that over the last two years the company has had little revenue and continues to burn through cash at an alarming rate. After many rounds of fundraising from venture...

What Moves Oil Prices?

by Susan Jung on

Oil prices are tough to figure out. The levers that move the price of crude can vary based on which factors are focused on by traders. A very difficult challenge is to rationally determine what price is reasonable.
 
The price of energy is an important issue as oil costs are a significant impact...

Sector Rotation

by Susan Jung on

Some market watchers imply they can accurately guess which market sectors will be in favor at any given point in time; we think this is questionable at best as it is difficult to make short-term predictions with any degree of certainty. Still sector rotation does exist and we are seeing it now in...