Financial Insights Archives

Well…that’s a first! I have been in the financial industry since 1993, and I’ve never seen the DOW Jones Industrial Average drop over 1,000 points before. Yesterday, it dropped over 1,175 points or about 4.6%.  Although it was the largest point drop ever, it was certainly not the largest percentage decline. It was nothing compared…

The newly signed legislation known as Tax Cuts and Jobs Act of 2017 has made widespread changes to the Internal Revenue Code. The tax reform measure is extremely complex, and the full effects of many provisions are still unclear. Most of the provisions have become effective January 1, 2018, of which include lower individual income…