FCAG Q1 Quarterly Commentary
From the desk of Jim Hiles, please enjoy our 2018 Q1 Quarterly Commentary
First Capital Investment Partners 2018 First Quarter Review Podcast
Jim Hiles, Senior Partner, Steve Turi, Chief Investment Officer and Andy Melnick, Investment Strategist discuss first quarter results and investment outlook. The audio chat is supported by charts and graphics and is about 20 minutes long so enjoy with your favorite beverage! Click on the following link to listen …
First Capital is Looking for Financial Advisors to Join Our Team
BREAKING NEWS! BREAKING NEWS! Technology, politics, and demographics are changing the business landscape. In the advisory business, gone are the days of brokers, wirehouses, commissions and proprietary products. First Capital Advisors Group has built an advisory business of the future. Our vision is to build a substantial multi-state firm, bound together by its …
Is the Fed Put Kaput?
The Fed Put and Accommodative Monetary Policy Tools For a number of years, equity investors assumed that the Fed would pull back short-term interest rates whenever equity markets substantially sold off. Early in this century, investors labeled this action the Greenspan Put. Since the great recession, the very accommodative monetary policy tools—zero interest rate policies …
Pick Your Poison: Tariffs or Tech
First Poison–Tariffs as a Tool The headlines and much commentary on higher tariffs threatened against China, in our view, glosses over the importance of the underlying issue. In reality, the higher tariffs represent a tool to deal with protecting U.S. corporate intellectual property and providing greater access to Chinese markets for U.S. corporations. The …
FOX TV WFTX – Listen to First Capital’s Jeff Schulte on Tax Planning March 2017
Getting the most money back on your taxes! Jeff Schulte discusses how to minimize taxes for 2017 and beyond. Click on the following link to listen in! https://www.fox4now.com/news/local-news/getting-the-most-money-back-on-your-taxes
Don’t Fear Volatility
Wesbury 101 – Economic Video Commentary with Brian Wesbury, First Trust Portfolios Chief Economist Listen in on Brian’s commentary on market volatility by clicking on the below link. Don’t Fear Volatility
Background—China Trade
U.S. imports of Chinese goods totaled about $500-600 billion last year or less than 20% of total Chinese exports. After subtracting out U.S. exports to china, the net Chinese trade surplus with the U.S. totaled nearly $276 billion in 2017 – an all-time high. Tom Friedman’s March 13th column in the New York Times quoted …
The Jobs Report—WOW!
The government reported a blowout jobs report this morning which the financial markets should find supportive. The U.S. economy added about 313,000 jobs—nearly 100,000 more than forecasted. At the same time, average hour earnings grew 2.6% year- over-year compared to 2.9% last month. From an equity market perspective, the job numbers support the view that …
Is Canada a National Security Risk?
Investors reacted negatively to next week’s likely announcement of tariffs on steel and aluminum. The higher tariffs would be applied invoking authority rarely used–national security grounds. The president tweeted this morning “if you don’t have steel, you don’t have a country!” Instead of using national security authority, our government typically increases tariffs citing routine reasons …