"In a world of lies, the truth starts here..."
Marco's Monthly Review of Finance, Politics and World Events

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Market Insights

From American Heritage Financial Group's January 2018 Newsletter

Ultimately, our optimism remains rooted in the positive fundamental outlook.  Bear markets rarely occur outside of economic downturns, and current recession risk appears low both at home and abroad.  Given all this, my advice for investors is to stay invested but also to lower expectations. 

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Lower Oil Prices, Higher Wages & Illegal Immigrants

Most encouraging are the indications that the strength in hiring is finally translating into modest wage increases, with average hourly earnings posting a 0.5% gain in January.  

Meanwhile ... President Obama's new deportation amnesty could grant Social Security numbers to as many as 4 million or more illegal immigrants, making many of them eligible for tax refunds under the Earned Income Tax Credit even for years when they cheated on their taxes, working off the books and refusing to file tax returns...

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