Posted on May 14, 2013, 3:11 pm.
April’s economic data remained mixed. While employment numbers improved with 165,000 people added to non-farm payrolls and unemployment dropping to 7.5%, personal incomes did not join the party and fell sharply. Even housing data showed a decrease in demand, while housing prices continued to see modest gains. For more detail, please read our complete Economic Report. Read More...
Posted on May 13, 2013, 2:53 pm.
Experience, they say, is the greatest teacher. So when the Glassman Wealth Services’ team gathered to talk about how we could improve our own clients’ experience, I wanted them to have an excellent example fresh in their minds. Read Barry’s Forbes.com article to learn How to Deliver a Wow Experience. Read More...
Posted on April 17, 2013, 2:09 pm.
Tax season is once again upon the American population, and this year, just as in years past, people are less than enthusiastic. It is estimated that the average taxpayer contributed slightly more than $11,000 dollars to federal taxes in 2012 and those figures are on the rise. As might be expected in the current backdrop, however, not everyone shares the same opinion on taxes. Read More...
Posted on April 16, 2013, 4:40 pm.
Glassman Wealth Services is proud to receive the 2013 Workplace Excellence Seal of Approval Award from the Alliance For Workplace Excellence. Read More...
Posted on March 19, 2013, 4:20 pm.
Despite one of the sharpest rallies in US equities in recent memory, emerging market equities have been left curiously behind in 2013. Through last Friday, the market segment was down 1.0%, compared to an S&P 500 index that was up 10.0%. This seems to violate the regime that investors have gotten used to over the past 10 years, whereby the emerging markets equity index served as a high beta proxy for the US equity market. Read More...
Posted on March 19, 2013, 3:41 pm.
The pace of positive economic data improved in February led by a stunning personal income report on the first day of the month, sharply improved manufacturing figures, and a steep drop in the trade deficit. Personal incomes jumped considerably in December, rising 2.6%. This was the biggest gain in eight years. Click Here to read more. Read More...
Posted on February 28, 2013, 12:53 pm.
Economy: Data was mixed in January
The pace of positive economic data weakened in January. While some important reports have been relatively healthy, negative surprises such as home sales and the 4th quarter GDP weighed on the economy. Read more. Read More...
Posted on February 5, 2013, 4:07 pm.
The pace of positive economic data remained strong in the third quarter despite Hurricane Sandy which hit the East Coast in late October/early November. The storm wreaked havoc as normal business activity was severely disrupted. Read more. Read More...
Posted on December 17, 2012, 3:18 pm.
Regardless of what happens with the fiscal cliff it is likely that taxes will increase at least for high income earners, and any hope of a compromise or solution is likely to drive the stock markets higher. Should you sell and realize capital gains now at potentially lower rates? Are high dividend-paying stocks going to lose value if their dividends are taxed at higher rates? What should investors do? Click HERE to read more. Read More...
Posted on December 10, 2012, 12:16 pm.
The pace of positive economic data remained strong in November, peaking early and falling by month’s end. This was partially the result of Hurricane Sandy, which hit the East Coast in late October/early November. The storm wreaked havoc on a number of economic data series, as normal business activity was severly disrupted. Click Here to read the full November 2012 report. Read More...
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