Tuesday, August 30, 2011

Federal Tax Rates 2010 and 2009

http://www.moolanomy.com/2581/2010-tax-tables-irs-federal-income-tax-rates-and-tax-brackets/
http://www.irs.gov/pub/irs-pdf/i1040tt.pdf
http://www.esmarttax.com/2009-california-form-3506-instructions.asp

Sunday, August 21, 2011

Economy Remains Solid August 20-2011

Silver Linings in Economic Clouds

Most of the recent data has spelled stall speed or recession for the US economy. However, there are some silver linings in the storm clouds including:

1) Retail Sales: Home Depot, Staples and Target all provided impressive earnings beats with higher guidance this week.

2) Industrial Production: Tuesdays report handily topped expectations and shows some signs of life.

3) Lower Oil Prices = Stimulus: It is said that each $1 decrease in oil prices translates into a $10 billion boost to the US economy. So the latest drop could be good for $100 billion+.

4) Accommodative Fed: With rates near zero, it entices people to put more money to work in the economy which can aid growth.

5) Earnings Guidance Remains Solid: There has been more lowered outlooks lately then we have seen in the last couple years. But overall, guidance remains positive which means that companies are not yet seeing a slowdown in activity.

Thursday, August 18, 2011

Gold versus US Indices


Social Security COLA Cost of Living Adjustment Information

Year COLA

2000 3.5
2001 2.6
2002 1.4
2003 2.1
2004 2.7
2005 4.1
2006 3.3
2007 2.3
2008 5.8

2009 nothing
2010 nothing

http://www.socialsecurityadviceonline.com/

Wednesday, August 10, 2011