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The January Barometer?

By W.A. Smith Financial | March 25, 2014 | Comments Off on The January Barometer?

A market theory that has developed over the years is called the January barometer. The theory basically asserts that whatever happens in the financial markets in January is a precursor for what will happen over the rest of the year. Unfortunately, January started the New Year with volatility – just a timely reminder that whatever…

Paying for Healthcare, One Way or Another

By W.A. Smith Financial | March 18, 2014 | Comments Off on Paying for Healthcare, One Way or Another

Despite a rough start, enrollment in private health plans through The Patient Protection and Affordable Care Act (commonly referred to as “Obamacare”) was at three million by the end of January. Some five million are expected to sign up by the March deadline — a considerable improvement from its inauspicious beginnings, but still about two…

Olympi-nomics

By W.A. Smith Financial | March 11, 2014 | Comments Off on Olympi-nomics

In the wake of the recent Olympic winter games in Sochi, Russia, a number of economists have mounted theories linking success at Winter Olympics with economic development for participating countries. One such research paper by two French professors purports that the number of Olympic medals a country wins is directly correlated to that nation’s population…

Tax Updates

By W.A. Smith Financial | March 4, 2014 | Comments Off on Tax Updates

As we enter tax season, many issues abound. Congress is back in session and, you never know, may at some point start discussing ideas for tax reform. Whether or not Congress tackles reform provisions this year, things may change within the tax landscape. That’s because every year there are a plethora of provisions that will…

Happy Days Are Here Again…

By W.A. Smith Financial | February 25, 2014 | Comments Off on Happy Days Are Here Again…

What a difference a couple of years made — from challenging times in Europe to the plummet in domestic home values to unemployment approaching double digits. The economic recovery in the U.S. may have been slow, but it has hardly been nonexistent. As we gaze into the crystal ball for 2014, the typical signs and…

Long-term Goals

By W.A. Smith Financial | February 18, 2014 | Comments Off on Long-term Goals

One of the hallmarks of contemporary society is that we want everything right now. We can communicate 24/7 via text, phone, email, tweets and posts and wouldn’t dream of driving on a long trip without a fully charged phone. Remember when cars used to break down on the side of the road and you had…

What’s Ahead for 2014?

By W.A. Smith Financial | February 11, 2014 | Comments Off on What’s Ahead for 2014?

The usual pundits and prognosticators are at it again — making all sorts of predictions and observations about how this next year will play out. For starters, the New Year will get a little darker. That’s because manufacturers will cease making 40- and 60-watt incandescent bulbs, having already phased out the production of 100- and…

Win/Loss Columns: An Exciting End to 2013

By W.A. Smith Financial | February 5, 2014 | Comments Off on Win/Loss Columns: An Exciting End to 2013

Well, perhaps we missed the excitement of yet another year-end cliffhanger like we had in 2012. This year, Congress got it together long enough to recess with a budget deal ready for the president’s signature. The Bipartisan Budget Act of 2013 was initiated by dealmakers Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis. Let’s…

Win/Loss Columns: An Exciting End to 2013

By W.A. Smith Financial | February 5, 2014 | Comments Off on Win/Loss Columns: An Exciting End to 2013

Well, perhaps we missed the excitement of yet another year-end cliffhanger like we had in 2012. This year, Congress got it together long enough to recess with a budget deal ready for the president’s signature. The Bipartisan Budget Act of 2013 was initiated by dealmakers Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis. Let’s…

Income Updates for Various Demographics

By W.A. Smith Financial | January 28, 2014 | Comments Off on Income Updates for Various Demographics

Despite the economic setback and slow recovery in recent years, or perhaps because of them, it seems Americans may be on a trajectory for higher income — if not higher income, then perhaps greater satisfaction with the income that they earn. Here’s a recent round-up of studies about current demographic groups and their earning prospects.…

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