Tag Archives: Robert Welsch

Weekly Economic Update 5/6

UNEMPLOYMENT EDGES DOWN TO 7.5% April brought a rebound in hiring. Employers added 165,000 jobs, and so the unemployment rate reached a four-year low. (The Labor Department also revised March’s job gains upward to 138,000.) Payrolls have now expanded by … Continue reading

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Weekly Economic Update

 March 11, 2013    HIRING HAS REALLY PICKED UP During June-August 2012, non-farm payrolls grew by an average of 135,000 jobs a month. Across September-November, that average improved to 181,000 per month. From December-February, the economy added an average of … Continue reading

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Economic Update 3/4/13

March 4, 2013     DESPITE ANXIETIES, DOW STAYS ABOVE 14,000 The DJIA settled at 14,089.66 Friday, gaining 0.64% on the week. The S&P 500 (+0.17% to 1,518.20) and NASDAQ (+0.25% to 3,169.74) also logged five-day advances. All this happened … Continue reading

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The Sequester Looms

If federal budget cuts occur March 1, how might they be felt economically? On March 1, $85 billion in federal budget cuts are supposed to take place – and it doesn’t look like they will be delayed any longer. Congress … Continue reading

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Economic Update 2/25/13

HOME SALES RISE, HOUSING STARTS FALL January brought a 0.4% improvement in existing home sales, even as the inventory of properties for sale hit a 93-month low. The National Association of Realtors reported 25% year-over-year decline in existing home inventory, … Continue reading

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IRAs

All about IRAs An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a … Continue reading

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Weekly Economic Update

A SOLID EARNINGS SEASON By Friday, nearly 70%of the firms in the S&P 500 had announced quarterly results – and so far, so good. Thomson Reuters data shows that 66% of these companies have beaten revenue projections, and nearly 70% … Continue reading

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Weekly Economic Update

HOMEBUYING DECREASES IN DECEMBER Last month, existing home sales slumped 1.0% and new home sales tumbled 7.3%. Year-over-year numbers, however, remain hugely positive. Residential resales improved 12.8% in 2012, with December’s median single-family home price up 11.5% from a year … Continue reading

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Nonqualified Deferred Compensation (NQDC) Plans

Nonqualified Deferred Compensation (NQDC) Plans A nonqualified deferred compensation (NQDC) plan is an arrangement between an employer and one or more employees to defer the receipt of currently earned compensation. You might want to establish a NQDC plan to provide … Continue reading

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Net Unrealized Appreciation: The Untold Story

If you participate in a 401(k), ESOP, or other qualified retirement plan that lets you invest in your employer’s stock, you need to know about net unrealized appreciation–a simple tax deferral opportunity with an unfortunately complicated name. When you receive … Continue reading

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