Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

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Tax moves you may want to consider before the end of 2017

You probably already know that big changes in the tax code are going to take effect starting January 1, 2018. What you may not know is that there are still a number of things you can do over the few couple of days to potentially leverage those changes to your own benefit. And there are other… Please follow and like us:

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4 credit card traps to avoid in 2018

With the new year just around the corner, it’s a good time to reflect on your life and accomplishments over the past 12 months. It’s also a good time to think about your finances! With credit card debt at staggering levels nationwide, it’s high time to get serious about spending. Of course, credit cards can be… Please follow and like us:

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The average household is carrying almost $16,000 in credit card debt

There’s been so much good news on the economic front these days — from consumer confidence on the rise to a thriving stock market and strong jobs report — that you’d be forgiven for not noticing one of other things that is happening: Americans are doing quite bit more borrowing these days. We consumers are accumulating… Please follow and like us:

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Sweden Guidelines For The Management Of The Central Government Debt 2018

Sweden’s Guidelines For Central Government Debt Management In 2018 Today the Government of Sweden adopted guidelines for the management of the central government debt. The maturity of the debt is extended slightly, which reduces the risk at a low cost. The steering of the composition of the debt is left unchanged. “The cost advantage of short-term… Please follow and like us:

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Investors shrug off S&P’s China credit downgrade, have faith in China’s growth

S&P Global Ratings said Thursday that it had lowered China’s sovereign credit rating to A+ from AA-, citing economic and financial risks from China’s fast credit growth. “S&P’s decision ignores the reality that China’s credit has been slowing with an increased policy focus on containing and diminishing debt,” Brendan Ahern, chief investment officer of Krane Funds… Please follow and like us:

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National debt tops $20 trillion for first time

The federal government racked up $318 billion in new debt Friday, putting it over the $20 trillion mark for the first time in U.S. history, according to new Treasury Department numbers. The total outstanding federal public debt now stands at $20.162 trillion. The spike came after Congress on Friday approved a new debt holiday, allowing the… Please follow and like us:

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Stocks rise ahead of Fed update

European and US stock markets rose Wednesday as investors looked ahead to the release of Federal Reserve minutes for clues on the US interest rate outlook. “European stock markets remain strong as the bullish sentiment that returned to the markets at the beginning of the week is still with us,” said market analyst David Madden at… Please follow and like us:

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Republicans Face Imminent Debt Limit Crisis

Congress is getting closer to the can it kicked down the road in November 2015 when it suspended the debt limit — then $18.1 trillion. Lawmakers ordered the limit to rise to whatever the debt level was in March of this year. Since then, the Treasury Department has been taking “extraordinary measures” to ensure that it… Please follow and like us:

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What’s the deal with the debt ceiling? 5 questions answered

By Steven Pressman, Professor of Economics, Colorado State University. Ceilings are overrated. AP Photo/J. Scott Applewhite Editor’s note: The U.S. government maxed out its credit card in March and has been moving money around ever since to avoid running out of cash. But very soon we will reach the limits of this financial sleight of hand,… Please follow and like us:

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Audit report: China’s local government debt under control

The overall risk of China’s government debt is under control and the momentum of steady economic growth is being maintained, according to the country’s top auditor. The National Audit Office (NAO) said in a press release that mechanisms such as quota management, budget management, risk disposal and regular supervision are being improved, and the momentum of… Please follow and like us:

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Obama’s regulations in 2016 to drain economy by $2 trillion

The Obama administration issued a record number of new regulations on its way out the door in 2016, leaving an administrative state that saps the economy of nearly $2 trillion a year, according to a new report being released Wednesday. The government itself spent $63 billion in 2016 to administer and enforce all of its own… Please follow and like us:

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