It’s the dawning of a new year and you finally have some money to invest. Perhaps you just got a raise. Or, maybe an end-of-year bonus is burning a hole in your pocket. Either way, you need to be smart about investing if you want those extra dollars to count. Shutterstock The problem is, you have no clue where to invest your cash. While you’re aware of the myriad investing options available, the sheer number of possibilities is overwhelming. In the investing world, this is called “paralysis by analysis.” You spend so much time analyzing your options that you wind up putting it off and never investing at all. And eventually, the extra cash you set aside gets consumed by bills or unexpected expenses. In other words, life happens. 4 Investments You Should Absolutely Make in 2018 If you want to make sure your extra cash doesn’t disappear, you need to invest it right away. A certain amount of analysis is fine if it helps you find the right inv...
Stock indices are directed upwards.
Yesterday a new tax reform was adopted in the United States. This victory can be attributed to Donald Trump and the Republican Party. The chief economist of the White House Kevin Hassett said that it is possible that the US economy will be able to maintain growth rates in the region of 3%.
According to the new taxation plan, this will eventually lead to an increase in taxes on Americans with incomes below 75,000 per year until 2021. Such news yesterday led to a weakening of the reserve currency but supported the stock indices, which again rushed up.
Yesterday evening a series of speeches by members of the Fed took place, at which Robert Kaplan said that inflation still has not reached the target level of 2%, but is eager for it. The data from the Federal Reserve showed that production in the manufacturing industry had increased relative to the previous month.
Today the US will publish an indicator of issued building permits, which is forecasted higher than the previous month. This indicator reflects the situation in the real estate market - in case the figure is more than expected, we forecast bullish sentiment against the dollar.
Comments
Post a Comment