U.S. Stocks Slight Decline, Household Debt Increase, House passes Tax Overhaul Bill

Financial News and Portfolio Management Discussion through November 18th

US stocks posted a slight decline for the week with question about the tax overhaul weighing on the market. The S&P 500 fell 0.1% and the Dow dropped 0.3% for the week. Abroad, Japan and Europe slipped 1.3% for the week. The yield on the 10 year Treasury bond eased to finish at 2.35%.

Continue reading

Posted in Accounting, Tax, Uncategorized | Tagged , , , , , | Leave a comment

U.S. Stocks Down, Broadcom bid, AT&T Deal

Financial News and Portfolio Management Discussion through November 11th

US stocks had their first down week since September as tax reform came into question. The S&P 500 edged down 0.2% and the Dow fell 0.5% for the week.  Internationally, Japan rose 0.6% and Europe sank 1.9% for the week. The yield on the 10 year Treasury rose over the week to finish at 2.40%.

Continue reading

Posted in Audit, Forensic Accounting, Tax, Technology, Uncategorized | Tagged , , , , | Leave a comment

Ep. 21 – Millennials Making a Difference: The Younger Generation in the Nonprofit Sector

rachel podcast 2.jpgIn this episode of the Lead. Learn. Thrive. Podcast, the hot topic of “Millennials in Nonprofits” is addressed. Raffa’s Marketing Coordinator, Rachel Caldwell, and ABCD & Company’s Partner, Durecia Moorer highlight how hiring millennials in the nonprofit sector can be beneficial in a multitude of ways.

Continue reading

Posted in Podcast, Uncategorized | Tagged , , , , | Leave a comment

U.S. Stocks Grow, Senate Passes Budget Blueprint

Financial News and Portfolio Management Discussion through October 21st

US Stocks ended the week at new record highs on strong earnings growth. The S&P 500 gained 0.8% for the week.   The Dow closed above 23,000 for the first time during the week and it ended up 2.0%. Abroad, Europe fell 0.3% and Japanese stocks reached their highest level since 1996, rising 1.4% for the week. The yield on the 10 year Treasury rose after the Senate passed a budget blueprint, the first step towards tax reform. The yield ended the week at 2.38%, the highest close since July.

Continue reading

Posted in Accounting, Technology, Uncategorized | Tagged , , , , , | Leave a comment

The IMF, the Fed’s September Meeting, Social Security Payments, and More

Financial News and Portfolio Management Discussion through October 14th

US stocks ended the week higher and hit records during the week on a positive outlook for third quarter earnings. The S&P 500 gained 0.2% and the Dow rose 0.4% for the week. Abroad, Japan surged 2.2% and Europe climbed 0.5% for the week. The yield on the 10 year Treasury bond eased over the week ending at 2.28%.

Continue reading

Posted in Accounting, Investment Advisory, Tax, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Gains, Jobs Report, and Updates

Financial News and Portfolio Management Discussion through October 7th

US stocks posted their fourth straight week of gains on generally solid economic news. The S&P 500 gained 1.2% and the Dow climbed 1.6% for the week. Internationally, Japan rose 1.4% and Europe edged up 0.3% for the week. The yield on the 10 year Treasury ticked up for the week ending at 2.37%.

Continue reading

Posted in Accounting, Audit, Investment Advisory, Technology, Uncategorized | Tagged , , , , , , , | Leave a comment

Angela Merkel, US GDP, and Other News

Financial News and Portfolio Management Discussion through September 30th

US stocks had another positive week ending the quarter at record highs on optimism about tax reform. The S&P rose 0.7% and the Dow gained 0.2% for the week. Internationally, Japan edged up 0.2% and Europe increased 1.3% for the week. The yield on the 10 year Treasury ended the month at 2.33% its highest level since late July.

Continue reading

Posted in Accounting, Audit, Investment Advisory, Uncategorized | Tagged , , , , , , | Leave a comment