Blog

Mar
29
Impact of Tariffs and Corporate Tax Breaks

The market vibe for the last 14 months appeared to be economic nirvana! What happened in March 2018 that caused the market to retreat? Stocks like Nvidia, Amazon and the so-called F.A.N.G. stocks in general were literally sucking in investor dollars. In-flow from mutual funds and ETF’s greatly inflated stock prices. Even though concerns mounted amongst asset managers and I agree, many funds and ETF’s have borrowed money (leveraged) to purchase popular stocks. Leverage positions have nearly reached their all time high! With the massive corporate tax cut the federal government is relying on economic growth, in turn increasing the tax base. Until that happens, the U.S. government mu...


Welcome to the new ProFocus website

We're excited to show you our new site and can't wait to bring you the latest news and happenings!

Check back soon for updates on what we're doing!

ProFocus Incorporated

Michael M. Smith, CFP®

5010 East Warner Road,
Phoenix, AZ 85044

msmith@profocus.com


480.598.9960 Phoenix, AZ
202.800.0707 Washington, DC Metro Area

480.893.1149 Fax