McFinance Newsletter

 Hello McFinancers! We wanted to wish a Merry Christmas from us at McFinance to our subscribers and their families. We hope you all have a wonderful holiday season. Please know that we have given off next week to spend time with our families. But we will be back and ready to spread the news in the new year. The latest in financial news: Santa Rally had a big impact on the stock market this year, US forces are helping patrol the Red Sea, Circle gets approved to create stablecoins in France, and Paxos can issue their stablecoin on the Solana ecosystem. Santa Rally In The Stock Market What a year the stock market has had. The S&P 500 is up about 24% for the year and December is up about 4%. As seasoned investors know, December is usually a spike in price due to something called the “Santa Rally”. As most humans, we like to find patterns in things that we do that help explain things around us. Why not apply it to the stock market? Older investors noticed that the price of stocks wo...

 Hello McFinancers! The latest in financial news: The latest news from the Federal Reserve shows that they may be lowering rates, the SEC is reviewing spot Bitcoin ETFs again, and a hack with Ledger has led to an outcry in having Ledger open its source code for reviews. The Federal Reserve May Become Dovish The Federal Reserve had its Federal Open Market Committee (FOMC) meeting this week on the 12th and 13th of December. In summary, the FOMC is the main body that decides and controls the Federal Reserve’s monetary policy. In summary, their latest statement from the meeting talks about the strength of the US banking system being strong and that the recent tightening is going to affect American households and businesses regarding unemployment, economic activity, and inflation. The statement also talks about how the committee is committed to achieving a 2% inflation rate and that they will maintain the current interest rates as they continue to review new data on the effects to deter...

Hello McFinancers! This week, we wanted to talk about some new cases that have appeared on the US Supreme Court docket and look at the impact that they could have on investors. The latest in financial news: The US Supreme Court has a case on its docket about what income is taxed under current laws, there is less demand for US treasuries, and then there is a case against the SEC. Supreme Court Case About Your Income As the saying goes, the only guarantees in life are death and taxes. Well, that may change soon as the Supreme Court currently has on its docket a case that could change how investors are taxed. The case, Moore vs. United States (docket number 22-800), is about the authority of Congress to tax unrealized sums on unrealized income. As many seasoned investors know, you don’t pay taxes on any stock gains from capital appreciation unless you sell. Or how real estate investors can limit their capital gains taxes by selling an old house to buy a new house using the 1031-like-kind ...