March 27th, 2017 | by Andrew Tanzer, CFA, "The Global Equation"
With talk of tax cuts coming from Washington, many investors are pondering the implications of lower taxes for their equity investments. Looking at long-term trends in tax rates (personal income and capital gains, specifically) and equity market performance, at first blush it appears that falling taxes coincide with rising stock prices. However, a closer examination […]View Article
February 17th, 2017 | by Andrew Tanzer, CFA, "The Global Equation"
US total public debt is poised to surpass $20 trillion. Over the past 20 years, this figure has quadrupled, far outstripping the rate of growth of the US economy. Due to prevailing low interest rates, the cost of maintaining even a significantly higher debt has actually fallen relative to total federal spending over this period. […]View Article
February 2nd, 2017 | by Andrew Tanzer, CFA, "The Global Equation"
Recent dips in market indexes have some wondering if the Trump “honeymoon” for stocks is over; some investors are bracing themselves for a possible market correction during Trump’s tenure in office. Research on market cycles tells us a correction will occur, but we can’t be sure of the timing, nor should investors try to guess […]View Article
January 30th, 2017 | by Andrew Tanzer, CFA, "The Global Equation"
With several US market indices at historical peaks, some investors are wondering if it’s time to sell—or buy. Gerstein Fisher research found little evidence that new market highs are good indicators that it’s time to cash out. 2016 was a year that proved many market and political prognosticators wrong, from Brexit to the US Presidential […]View Article
November 8th, 2016 | by Andrew Tanzer, CFA, "The Global Equation"
Cyberattacks are increasingly exposing the vulnerability of individuals, businesses, and countries to hackers. With more and more devices connected to the Internet every day, these threats are likely to only become more pervasive in the future. There are no globally accepted “rules of the road” for monitoring and punishing cybercrime, and in the US, there […]View Article