Byron Moore, CFP® and Mike Jones

stock market

Tax Cuts v. Tariffs

Posted July 12, 2018

Mike and Byron discuss the recent tax cuts and tariffs.

 

 

Thinking Like an Investor

By Byron Moore, posted July 2, 2018
Originally published in the News Star and the Shreveport Times on Sunday, July 1, 2018.

 

“Should I be worried?”Stock Market Question_small.jpg

In my world, you get this phone call on a regular basis. I’m actually glad to get it, because it gives me an opportunity to remind folks what we are doing and what we are not doing.

“The market was doing so well last year, now it’s really slowed down. Should I be worried?”

He was right. The stock market did extraordinarily well in 2017, much to the surprise of nearly everyone. Depending on which measuring stick you use, the United States stock market was up anywhere from 21% to 28% in 2017.

Now, things seem to have taken a pause. Is it North Korea? Or corn prices? What about all these new tariffs? The new tax law? The president? The congress? The Illuminati exercising secret mind control over the markets?

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