It’s entirely fair to say that the U.S. dollar doesn’t buy as much as it did a year ago. It’s also true that, although the entire world is experiencing inflation right now, American consumer prices have surged a little higher than those of most other advanced economies. And yet, the news is not all bad […]
It’s a dangerous world which doesn’t seem to be letting up. For obvious reasons, like supply chain disruptions, and for senseless ones, like the war in Ukraine, the whole idea of a global economy is running up against harsh realities. People who see world trade in economic terms want to see a bigger, more integrated […]
Stocks were plummeting. Banks collapsed. By mid-October, the New York Stock Exchange had lost half its value from the previous year. The few remaining healthy companies bought out those that failed, and even the most fervent antitrust crusaders fell by the wayside. The economy was already in recession, with industrial production reduced by almost one-third. […]
The cost of income tax is a crucial part of overall wealth management and our team at Smith Anglin works diligently to mitigate or reduce your tax burden for both retirement and investment income. We have a dedicated team of CPAs that work alongside our wealth advisors to make sure you are not only meeting […]
It’s hard to stay calm when headlines like “Russia invades Ukraine!” appear everywhere you look. And matters are made worse when you’re reminded that the reckless aggressor in the conflict is a nuclear power which is just a short series of missteps away from leading to World War 3. Honestly, if global nuclear war is […]
The Yankees are coming! The Yankees are coming! Which regions are seeing the most U.S. domestic migration? Many of us might assume it’s the Northeast, where there’s essentially a megalopolis stretching from Boston to Washington. But no. Maybe the West, considering California’s outsized population? Not that either. The South, with 38.3% of the nation is, […]
DALLAS—February 7, 2022—Smith Anglin Financial has been recognized as a 2022 Best Places to Work for Financial Advisers as announced by InvestmentNews today. Smith Anglin Financial was chosen as one of this year’s 75 best financial advisory firms based on employer and employee surveys delving into everything from company culture, benefits, career paths, and more. […]
(Before we proceed, we remind you that this blog is for educational purposes only and we’re not recommending options trading for all readers; we’re simply providing basic options trading information. Consult your financial advisor before starting options trading.) Equities boomed last year. A positive year was expected by many, although the extent of the upside […]
Just when we thought we had our heads around cryptocurrency, the geniuses who cooked it up came out with some new twists. You don’t need to go anywhere near Bitcoin or Ethereum or Ripple to speculate about blockchains. There’s a whole host of other digital assets you can now make or lose a fortune on. […]
Notoriously the word inflation is known for creating chaotic discourse and crazy predictions of massive economic catastrophes. Inflation is crazy! Some of it is true—prices for a lot of goods are in fact spiking, and this can certainly have negative effects on the overall economy. Also true is the fact the government “created” $11.8 trillion […]
