Taking Stock

with Nathan Brinkman

05/06/13

April market review: Stocks soar to new highs

Despite some bumps along the way, both the S&P 500 and the Dow industrials soared to new all-time records, and the Nasdaq set a new closing high for the year. The Dow followed its best week of 2013 with its worst week of 2013, while the S&P surpassed its previous record close on the last day of the month.

Posted at 12:22 PM | Permalink | Comments

04/22/13

Health care reform: Looking back and ahead

Three years ago, on March 23, 2010, President Obama signed the Affordable Care Act (ACA) into law. While several substantial provisions don’t take effect until 2014, many of the act’s requirements already have been implemented.

Posted at 11:10 AM | Permalink | Comments

04/08/13

Quarterly market review: January-March 2013

If domestic equities hit the snooze button for the rest of 2013, they would still have had a pretty good record for the year. The Dow hit an all-time closing high in March, finally erasing all of its losses since October 2007, and the broader S&P 500 finally squeaked out its own new record close – by four points – on the last trading day of the quarter.

Posted at 10:32 AM | Permalink | Comments

04/01/13

Understanding the new Medicare tax on unearned income

The Affordable Care Act includes a new 3.8% Medicare tax on the unearned income of certain high-income individuals. The new tax, known as the unearned income Medicare contribution tax, or the net investment income tax (NIIT), took effect on Jan. 1, 2013.

Posted at 08:50 AM | Permalink | Comments

03/01/13

Understanding sequestration

If you like political drama, you’re in luck. It seems like just yesterday the news was filled with references to the fiscal cliff. Now, coming to theaters everywhere, is “sequestration.” Look for more political confrontation to unfold as sequestration gets underway.

Posted at 08:33 AM | Permalink | Comments: 2