Will Apple Pay Tax on $100 Billion? On May 21st, Apple Inc. CEO Tim Cook testified before the Senate Homeland Security and Government Affairs Permanent Subcommittee on Investigations. He advocated reform of the corporate income tax and a “reasonable tax” on foreign earnings. Committee Chair Carl Levin (D-MI) questioned Cook regarding his company’s substantial overseas […]
Archive | May, 2013

AAM Weekly Market Wrap – May 28, 2013
Weekly Market Wrap: The S&P 500 index dipped 1% this week on additional Fed uncertainty about when to slow the asset purchase stimulus. For The Week The S&P 500 slipped 1.07% to 1,649.60 Oil lost 2.16% to $93.97 Gold gained 2.03% to $1,384.11 The US Dollar fell 0.78% to $83.61 against other major world […]
High-Yield Bonds: Income Potential at a Price
High-yield bonds have long been a popular source of diversification for long-term investors who seek to maximize yield and/or total return potential outside of stocks.1High-yield issues often move independently from more conservative U.S. government bonds as well as the stock market. These bonds — often referred to as “junk” bonds — are a class […]
Washington Hotline – May 21, 2013
Coalition Supports Charitable Tax Deduction This week, Senate Finance Chair Max Baucus (D-MT) and House Ways and Means Committee Chair Dave Camp (R-MI) continued to move forward with tax reform. Sen. Baucus noted that last week he and Rep. Camp had launched a new TaxReform.gov website. Baucus stated, “Since the launch of the site less […]

AAM Weekly Market Wrap – May 20, 2013
Weekly Market Wrap: Stocks finished higher for the 4th straight week on better than expected retail sales, leading economic indicators surprised higher and consumer sentiment hit a 6 year high. For The Week The S&P 500 gained another 2.07% to 1,667.47 Oil added 0.18% to $96.04 Gold fell 6.04% to $1,356.83 The US Dollar […]
Understanding Correlation
Investors hear a lot about the benefits of asset allocation, that is, spreading your assets among different types of investments to help reduce risk.1 But less discussed is an equally important measurement: correlation, which is a way to measure how closely related two types of investments are. In theory, you could be invested in multiple securities […]
Washington Hotline – May 14, 2013
TaxReform.Gov Seeks Your Opinion Senate Finance Committee Chairman Max Baucus (D-MT) and House Ways and Means Chairman Dave Camp (R-MI) have conducted over 50 hearings in preparation for major tax reform. Both are committed to moving forward a significant tax reform bill during the next two years. As part of that effort, the two legislative […]

AAM Weekly Market Wrap – May 13, 2013
Weekly Market Wrap: Stocks pushed through new highs this week as the Dow closed about 15,000 for the first time on positive world economic data. For The Week The S&P 500 gained another 1.19% to 1,633.70 Oil added 0.27% to $95.87 Gold fell 1.70% to $1,444.12 The US Dollar rose 1.25% to $83.15 against […]
Social Security Tips – May 2013
Social Security Tips for your Clients: Social Security is now offering a new mobile optimized website specifically aimed at smartphone users across the country. People visiting Social Security’s website, www.socialsecurity.gov, via a smartphone (Android, Blackberry, iPhone and Windows devices) will be automatically redirected to the agency’s new mobile-friendly site. It is so much easier […]
Sector Funds: Are They Worth a Look?
Sector funds target specific industries and economic niches to seek above-average returns. With the opportunity for greater returns comes greater risk, as these funds typically are prone to fluctuate in value more than diversified, multisector funds.1 Sector funds may invest solely in specific industries, such as utilities, technology, financial services, health care, and manufacturing. […]