AMJ Financial Blog

Monthly Archives: February 2019

Navigating Health Care Taxes

Chances are you have heard about the 3.8% surtax that went into effect in 2013 under the Affordable Care Act—but do you know if and when you might need to pay it? While there have been significant changes to the tax code over the past year, the Medicare tax and net investment income tax remain… Read More

Market Commentary – 2/19/19

Why did the stock market do that? The great mystery of stock markets reared its head last week. With no clear driver, the Dow Jones Industrial Average gained more than 3 percent, while the Nasdaq Composite and Standard & Poor’s (S&P) 500 Index moved higher by about 2.5 percent. It was a puzzler. Ben Levisohn… Read More

Market Commentary – 2/11/19

Central banks take a turn. At its first policy meeting of 2019, the U.S. Federal Reserve changed direction. After four rate increases in 2018, Chair Jerome Powell announced interest rates were on hold. Last week, banks in the United Kingdom, Australia, and India followed suit by either reducing rates or cautioning rate reductions were likely,… Read More

Market Commentary – 2/4/19

And, U.S. stock markets celebrated. Last week, the Federal Reserve put itself on hold. The Federal Open Market Committee met on Wednesday, January 30, 2019, to discuss the state of the economy and determine policy. After the meeting, Fed Chair Jerome Powell offered a positive assessment of U.S. economic strength that was leavened with a… Read More