by CMC | Jan 1, 2018 | News, Perspectives
January 2018 Monetary policy is determined by the central bank (e.g. the Fed) while fiscal policy, like taxes and spending, is determined by legislation (e.g. Congress and the President). “Fiscal Stimulus” is legislation that lowers tax rates and/or increases spending...
by CMC | Jan 1, 2018 | News, Perspectives
January 2018 Risks remain, including: DC turmoil, geopolitical events, increased global competition, digital disruption and rising interest rates. As these unfold, financial market volatility may return. Typically, there are three 5% corrections per year....
by CMC | Jan 1, 2018 | News, Perspectives
January 2018 Increased global economic activity combined with historically low interest rates could lead to a surprising level of business growth and record earnings growth. Uncertainty over the contents of proposed tax legislation and if/when it might become law...