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A Summary of 2018 Tax Changes

by Bill Hoover on Jun 26, 2018

Tax Planning

The Trump administration’s new tax reform bill was signed into law in December of 2017, representing the first major tax change in over 30 years. The changes are significant and are likely to affect nearly everyone in some measure; some positively, while others may find themselves with a higher tax bill in 2018. All of the changes represented in the new tax bill will be in effect through 2025.

Is It Always Best to Purchase a Home?

by Bill Hoover on Jun 26, 2018

Real Estate, Property

Homeownership is the American dream. But is it for everyone? From a young age, purchasing a home is synonymous with success. However, there are some circumstances that need to be taken into account before making the decision to buy a home.

In the past, homeowners received a tax advantage, being able to deduct mortgage interest paid on their income taxes. However, with the doubling of the annual standard deduction, which goes into effect in 2018, many homeowners may find themselves skipping the itemizing – and the mortgage interest deduction in favor of the standard deduction.

3rd Quarter 2017

by Bill Hoover on Oct 16, 2017

Steady as she goes.

Euclid and the markets continued to be optimistic through the 3rd quarter. Valuations remain at the upper end of normal, but so far the economy has grown fast enough to justify, and even upgrade, expectations. The most recent GDP report was actually revised up slightly while crucial factors like inflation and job growth continue to be favorable. Some wage growth along with the new jobs would be welcome, but then that might imply stronger inflation.

Our review of the markets from October 4 2017

by Bill Hoover on Oct 16, 2017

1. Foreign Markets (Asia Pacific ex Japan, Emerging Markets and Europe) high flying leaders showing signs of weakening

2. Tech Dominated NASDAQ index weakening with relative strength under performing the broader S&P. Tech seems to be rolling over.

3. Relative strengths of the Russell 2000 and the Equal Weight Value Line Arithmetic vs the S&P 500 continue to increase. This is positive for the market suggesting Domestic Stocks are in favor.