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Recent Posts
- Bank Closures in Illinois and Indiana Raise 2012 Total FDIC-Insured Institution Failures to 9 (Feb. 10, 2012)
- U.S. Trade Deficit +3.7% in December 2011; +11.6% for 2011 – The More Things Change…
- Consumer Prices in China Jump 1.5% in January 2012, Led By Sharply Higher Food Prices
- Preparing Your Income Tax Return? The IRS Has Listed Several 2011 Tax Law Changes You Need to Be Aware Of
- IRS Releases Guidance on Claiming Expanded Tax Credit for Hiring Veterans; Certification Requirements Streamlined
- U.S. Wholesale Inventories +1.0%, Sales +1.3% in December 2011
- U.S. Initial Jobless Claims Continue to Trend Lower, Down to 358,000 in Week Ended Feb. 4, 2012
- U.S. Purchase Mortgage Applications Remain Relatively Flat in Week Ended Feb. 3, 2012: MBA
- U.S. Consumers Further Opened Up the Credit Spigot in December 2011 – Consumer Credit +9.25%
- 2012 IRA Contribution and Deduction Limits
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Authors and Contributors
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Gregg D. Killoren
- Bank Closures in Illinois and Indiana Raise 2012 Total FDIC-Insured Institution Failures to 9 (Feb. 10, 2012)
- U.S. Trade Deficit +3.7% in December 2011; +11.6% for 2011 – The More Things Change…
- Consumer Prices in China Jump 1.5% in January 2012, Led By Sharply Higher Food Prices
- Preparing Your Income Tax Return? The IRS Has Listed Several 2011 Tax Law Changes You Need to Be Aware Of
- IRS Releases Guidance on Claiming Expanded Tax Credit for Hiring Veterans; Certification Requirements Streamlined
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victoria1014
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Happy Thanksgiving
I’ll save the dour economic news for another day. We have enjoyed a nice rally in the stock market this week, the S&P 500 is up 18 percent from its low on November 20. That’s a quick bounce, but then again this market has not wasted time moving up or down when the momentum gets going. What used to be counted in months now happens in mere days, and sometimes hours.
It has been a brutal year for investing, but I see Thanksgiving as a good time to forgive ourselves and others for the damage that has been done and mistakes that have been made, be thankful for what we still have, and vow to be smarter going forward. And I vow to be here to help.
I wish you and your family (even if it only extends to something furry) a warm and happy Thanksgiving.
-Gregg
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