Could Apple be considering the iTesla?

February 19th, 2014

Shares of Tesla surged on Tuesday as investors speculated on a merger between Tesla and Apple after Tesla CEO Elon Musk was rumored to be meeting with Apple’s head of mergers and acquisitions team, Adrian Perica, this according to the Los Angeles Times.

The move marked the first time the Tesla closed at more that $200 per share.  To view the entire story CLICK HERE.

Sagent|Wealth Managment provides personalized Financial Planning and Investment Advice to discerning investors like you.  Visit us at www.Sagentwm.com or call today 949-756-2242.

 

Steady Economic Recovery

February 19th, 2014

Today, the Los Angeles Times reports that the State of California is poised to experience a steady pace of recover in the next two years in the area of job growth. This according to the Los Angeles County Economic Development Corporation.

Orange County is leading the charge followed by Los Angeles County and the Inland Empire.

International trade at the ports of Los Angeles and Long Beach, the two busiest container ports in the country, should also expand this year.  Collectively these are positive signs and further confirmation that the recovery is on track.  To view the entire article from the Los Angeles Times CLICK HERE.

Sagent|Wealth Management provides personalized Financial Planning and Investment Advice to discerning investors like you. Visit us at www.Sagentwm.com or call today 949-756-2242.

$85 Billion in Fed Stimulus but still no inflation. What’s up?

December 17th, 2013

These days we hear a lot about Federal Reserve stimulus and the hazards that come with it, not the least of which is inflation.  Well, according to recent data, it turns out that inflation is not rising and in fact is falling. With the Fed buying back $85 billion per month in mortgage backed securities and bonds, how can this be?  Today’s news segment on NPR’s Morning Edition tries to explain.  To listen CLICK HERE

Tax overhaul bill put on hold

December 16th, 2013


Buried in an article about the  House Ways and Means Committee Chairman Dave Camp postponing and extenders bill was some very interesting information about another bill that he is working on.  One that would reduce the maximum income tax rate to 25% but also do away with or eliminate mortgage interest deductions–sacred to most homeowners as well as the 1031 tax code that allows real estate investors to put off the capital gains tax on the sale of real estate.

Whether these changes become law or not is an open questions but the fact that these changes are even being considered speaks volumes about the possible scope of changes that will be necessary to reduce our nations debt.

To read the Los Angeles Times article in its entirety CLICK HERE.