As expected, the Federal Reserve raised interest rates for the first time in nearly a decade. Jon Hilsenrath from the Wall Street Journal expands on the event in his article Fed Raises Rates After Seven Years Near Zero, Expects ‘Gradual’ … Continue reading
The budget act of 2015 was signed into law on November 2, 2015, and with that brings new rules to the Social Security program. The following changes were made with the intention to make the government entitlement program more solvent … Continue reading
It is no doubt that Wall Street experienced an extremely turbulent month in August. Slowing growth in China, falling commodity prices, and talks of a possible interest rate hike sent investors into a trading frenzy. The trading action that occurred … Continue reading
A lot has happened the past few days that sent Wall Street and investors into panic mode. The Dow, S&P 500 and Nasdaq Composite had their worst week in years. All of the indexes took a dramatic downturn Monday, but … Continue reading
It’s hard to ignore what’s going on in the news – the recent activity of the financial markets has been a major headliner. The markets are under severe pressure from continued fears that China’s economy, the second largest economy in … Continue reading
The Federal Reserve has held its benchmark federal funds rate near zero since December 2008 in attempt to spur borrowing, spending, and investment. However, the overall economy is struggling to deliver any growth at all, even with interest rates this … Continue reading
Kapusta Financial Group (KFG) invited clients to participate in a client satisfaction survey during May and June 2015. Those who participated were asked to do so anonymously. The survey, which was conducted by KAPP Communications, Inc., an outside consulting company, … Continue reading
We now look at the front page of the news only to see another financial crisis brewing – China. What is happening to China’s markets and how will it affect Wall Street? The Chinese government has always had a hand … Continue reading
Last Thursday, the Greek parliament accepted a $100 billion bailout from its creditors, despite Greek Prime Minister Alexis Tsipras’ objections. This is the country’s third bailout in five years. For now, it postpones Greece from encountering an economic meltdown and … Continue reading
On Tuesday night of this week, Greece defaulted on making loan payments to the International Monetary Fund (IMF) to the tune of $1.8 billion. Banks in Greece are closed and will remain so, at least until this Sunday’s referendum vote … Continue reading