Money defined.

Author: FiComm

8 posts written by FiComm

Money defined.

Money is defined by its purpose. Money acts as a unit of account (it can be counted), a medium of exchange (it is accepted in trade for goods and services), and a store of value (what it will trade for stays stable). Nothing says that money must be backed by a sovereign promise like the paper currencies we think of as “real” money today (US Dollar, British Pound, Japanese Yen and so forth).

There is an eerie quiet in the market.

There is an eerie quiet in the market. Domestic politics in the US continues to flail on healthcare much less being able to start tax reform and faces a possible government shutdown and a debt ceiling. Meanwhile the Federal Reserve is poised to shrink their balance sheet while inflation is subdued.

A Blank Piece of Paper

A well- thought-through plan and sustainable governance process for your family can be molded into any future tax regime and
will stand the test of time for generations to come.

Q3 2017 Quarterly Outlook

Two items that are currently occupying media headlines (aside from Trump) and benefit the U.S. consumer include The Amazon Effect and stubbornly low oil prices. While seemingly disparate topics, both are interconnected and provide strong tailwinds for the U.S. consumer in a variety of ways.

So far so good

So far so good. We are in the midst of second quarter earnings reports in the US and so far good numbers are showing up….

Let’s get to work.

  Let’s get to work.  Friday’s US jobs report showed a gain of 222,000 jobs added in the month of June which was better than…

No fireworks this week.

  No fireworks this week.  As everyone in the US gears up for a holiday weekend, the feel of summer is upon the markets as…

Welcome to the party.

Welcome to the party.  The big news this week is the addition of just over 200 stocks listed in the Chinese “A share” market (the…