The financial markets are a mosaic and all the many pieces come together to create an overall picture. Amidst global cross-currents, the markets closed lower today. It is not cause for concern at the moment, although it seems like the markets want to drift further lower. Check out the link from Investor's Business Daily here.
It is a staggering statistic. 93% of business owners are overpaying on their taxes according to Forbes. Business owners, you don't have to take this. Please do something about it and keep more funds in your pocket and in our local economy.
On Friday, the markets closed out a slightly weak, mixed week. The Dow was off 1.3%, the biggest weekly decline since November 8th. Keeping this in perspective, we are a stone's throw away from all time highs on the Dow, Nasdaq, and S&P 500. Notably the bond market took the latest Fed hike in stride. It is time to stay engaged and see if this pause develops into something else this coming week. Click on this link for Investor's Business Daily's comments on the day and week.