NORAD keeps watch for Santa Claus
Santa Claus is coming to town.

Santa Claus is coming to town.

President-elect Joe Biden will take office on January 20 with what is, from his perspective, a challenging makeup in the 117th United States Congress.

If you own traditional mutual funds in a taxable account (outside your IRA or 401(k)), be on the watch for your annual capital gains report. If your fund reports a gain, you will be required to pay taxes on it even if you did not sell any shares of the fund. This little ritual occurs each year about this time, as fund managers tally up the gains and losses from transactions within the fund and distribute the net proceeds to you, typically mid to late December. As that time approaches, here's what to expect.

The spectacle of 5 a.m. "doorbuster" sales and Thanksgiving night retail madness was already under assault from the rise of eCommerce.

The Federal Reserve announced last week that it will extend its current restrictions on dividend payouts and prohibition of stock buybacks for the nation's largest banks through the end of 2020.

Five weeks ahead of another Presidential election, investors are pondering the impact of the potential victor on their portfolios.

Another in a growing list of new stock offerings hit the market last Wednesday, setting a record for the biggest software IPO in history.

A story in the May 13, 2013 edition of Barron's noted that "many industry observers are convinced that 2013 is the year active ETFs will hit the big time."

The vaunted Dow Jones Industrial Average got a makeover this week, as three members were shown the door and three usurpers were initiated into the club.

The U.S. dollar has been on a bull run since the aftermath of the great financial crisis, gaining about 45% from 2008 through March of this year when measured against a basket of other countries' currencies.
