GOP Tax Bill Is Full Of Uncertainty: Who Are Real Winners And Losers?

Christopher MarkowskiArticle, blaize, In the NewsLeave a Comment

Republicans in the U.S. House of Representatives have unveiled their tax reform bill, claiming that it will aid economic growth. A recent Politico Morning Consult poll shows that the plan has garnered mixed support, mostly from small businesses, which are set to benefit from the proposed corporate tax rate reduction, and from parents, who are set to benefit from increasing … Read More

The Self-Driving Investment Portfolio Might Just Crash and Burn

Christopher MarkowskiArticle, In the News, newsletter, newsmaxLeave a Comment

We don’t have to worry about robots replacing us any time soon, if Google’s self-driving car project Waymo is any indication of what the future holds. These cars have been involved in several crashes due to their failure to handle intersections like human drivers do. And it’s not just cars experiencing technical difficulties. Earlier this month, a trader bot was … Read More

Tax Reform is a Game of Musical Chairs that will Hurt your 401(k)

Christopher Markowskiblaize, In the NewsLeave a Comment

During the 2016 campaign, Donald Trump promised tax cuts. Today, he unveiled them. Yet regardless of those cuts, the IRS still must generate the same amount of revenues in order to avoid a deficit. So, instead of seeing tax cuts, we’ll see tax reform. Once the Danse Macabre music stops playing and everyone has claimed their chair, many Americans will … Read More

2019 IPO Unlikely for Uber Despite New CEO

Christopher MarkowskiIn the News, newsmaxLeave a Comment

Between conflicts with taxi drivers, a sexual harassment investigation and a lawsuit filed by Google over the use of robocar technology that may already be patented, this has been a tough year for ride-sharing company Uber. Ongoing negative press has hurt Uber, and its financial position is not improving. The company lost $645 million between April and June of 2017, … Read More

Where is Social Security Headed?

Christopher MarkowskiIn the NewsLeave a Comment

For good reason, many retirees and pre-retirees are worried their Social Security benefits will be cut. Nearly two-thirds of American seniors rely on the program as their primary source of income, according to the Social Security Administration, and 10,000 more Boomers are retiring every day. The situation only seems more dire when you consider the last few years’ Trustee Reports, … Read More

3 Strategies That Will Stretch Your Retirement Savings

Christopher MarkowskiIn the News, newsmaxLeave a Comment

If you are nearing retirement, but you feel as though you are not prepared enough, it is not too late to make changes. There are options to help ensure you are more prepared for retirement that do not require winning the lottery, inheriting a fortune or getting a substantial raise. These include working longer, planning for a part-time encore career, … Read More

America’s $1 Trillion in Credit Card Debt is Terrible News for Our Future

Christopher MarkowskiIn the NewsLeave a Comment

American consumers have hit a major milestone this summer: we now have the highest amount of revolving credit debt in U.S. history. As of June, Americans had $1.021 trillion in outstanding revolving credit, according to data from the Federal Reserve. That is nearly equivalent to the gross domestic product of Russia. Of the $1.021 trillion in outstanding revolving credit, $1 … Read More

Trump’s “Fire and Fury” Roiled Stocks–But That’s Good For Value Investors

Christopher Markowskiblaize, In the NewsLeave a Comment

                  President Trump’s recent spat with North Korea has not only messed with many Americans and their feelings of security, it has also had a measurable effect on our economy. When Trump speaks, the world pays attention. The outsized effects of his words, regardless of your opinion of them, are clearly quantifiable. … Read More

If The GOP Whiffed On Healthcare, Expect the Same On Tax Reform

Christopher Markowskiblaize, In the NewsLeave a Comment

After failing at their long-promised goal to repeal the taxes associated with ObamaCare, one has to wonder whether the Republican Party will succeed in implementing any tax reform at all. As William Gale of the Brookings Institution and Tax Policy Center told National Public Radio, “If Trump can’t line up support for healthcare, it’s going to be hard to see how … Read More

Why The AHCA Was Doomed From The Start

Christopher MarkowskiIn the News, newsmaxLeave a Comment

Would the House GOP’s Obamacare replacement have given you a bigger tax break? The short answer is no, but the devil is in the details. On Thursday, July 17, Trump’s American Health Care Act was pronounced dead late that evening. Not only is the original design of the bill flawed, it was destined to fail because the Republicans who pushed … Read More