Author - Tom Orecchio, CFA, CFP®

1
The Standards of Financial Reform
2
5 Tips To Navigating Your Year End Taxes
3
How Long Will This Low-Interest Rate Environment Last?

The Standards of Financial Reform

On July 21, 2010, President Obama signed into law The Dodd-Frank Wall Street Reform and Consumer Protection Act, which he said, “was born in the failure of responsibility from certain corners of Wall Street.”  The Act attempts to provide safeguards against the financial excesses that thrust the American economy and its people into the worst recession in 80 years.  Congressman Barney Frank, credited with bringing about this reform, said, “For the first time, every financial entity of any size in America will be covered by a regulator and will have to report to that regulator.”

The implementation of the new …

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5 Tips To Navigating Your Year End Taxes

The fourth quarter of every year is traditionally the time to do a final review of your tax strategy in an effort to keep your tax liability in check.  This year presents some unique challenges.  First, the tax cuts established by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) – known collectively as “the Bush tax cuts” – are set to expire at the end of the year.  Second, it’s an election year, which means that members from all parties are weighing in on what …

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How Long Will This Low-Interest Rate Environment Last?

Article in Summary

  • The Federal Reserve has kept the federal funds rate close to 0% for the last 18 months
  • In 2009, investors pumped nearly $400 billion into bond funds
  • Many experts believe rates have no place to go but up

In order to encourage lending and help jumpstart the economy out of recession, the Federal Reserve has kept the federal funds rate close to 0% for the last 18 months.  During that time, with stocks still relatively volatile and cash funds offering extremely low yields, investors turned to bond funds to net higher yields.  In 2009, they pumped nearly …

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