The Patient Protection And Affordable Care Act (“Obamacare”) will affect everyone in the United States one way or another. But some people will be affected more than others. Among these are high income taxpayers. Starting in 2013, they will be subject to a brand new Medicare tax on their “unearned income.” …Continue Article HERE
June nonfarm payrolls expanded by 80,000 and the unemployment rate held steady at 8.2%. There are still 12.7 million people classified as unemployed, with 41.9% of them being unemployed 27 weeks or longer. In the first quarter of 2012, the average payroll gain was 226,000 per month. The second quarter averaged a mere 75,000 per month. It seems as though job creation has effectively taken the early summer off.
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There comes a time in every reinvention–like running a marathon–when you feel you just can’t go on. You want to keep moving towards the finish line, but every step feels like slogging through waist-deep mud.
You’ve hit the wall, as long-distance runners say, and to get through that moment you must assess what’s weighing you down.
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Stocks made modest gains on a holiday-shortened trading day, getting a lift from a better-than-expected report about U.S. factory orders in May that partly countered recent pessimism about the manufacturing sector.
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We’re halfway through 2012 and our capital markets strategists are here to share their thoughts on what we may expect over the next six months:
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See the article here –