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- Brexit crash wiped out a record $2.1 trillion. Now what? June 27, 2016
- Volatility worsens: Pound dives, Dow loses 300 points June 27, 2016
- Selloff continues: Dow falls nearly 900 points in 2 days June 27, 2016
Ted’s Twitter Feed: The Latest in Personal Finance
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June 24, 2016
BRITAIN’S EXIT from the EUROPEAN UNION
by Ted Sarenski
“The stock markets were recently going up anticipating that Great Britain would stay in the European Union. In fact, Yesterday the Dow was up 280 points. The vote to leave the union has caused markets to fall back to the values they were at the beginning of June erasing the run-up from the anticipation of Great Britain staying. The reaction is not as bad as I thought it would be. On a long-term basis, this could be the beginning of the unraveling of the Euro. The U.S. on a long-term basis could come out stronger worldwide as Europe will potentially go back to individual country currencies and not be the economic powerhouse the European Union was intended to be. Volatility is here to stay for a while as this exit will not occur quickly. Markets will be adjusting to news reports for some time rather than on the fundamentals of the markets.”
If anyone has further questions for concerns, we encourage you to contact our office at 315.471.2672 for further discussion.
Thank you to Everyone that came out to our
2nd Annual Shredding Day
June 11, 2016
We would like to invite our clients and your family and friends to our 2nd annual shredding day. Once again, Blue Ocean has arranged for a shredding truck from “Shred-It”, which is our secure shredding service, to be in front of our office building on West Washington Street. No need to get out of your car as we will be there to gather your papers and place them directly into the shredding truck.
We kindly ask that you bring at least one canned good per box of documents for disposal to donate to Cathedral Emergency Services.
Should you have any questions, please do not hesitate to call Brian Wells at 471-2672.
We look forward to seeing you.
On May 19th, Theresa Congemi of Medicare Made Simple LLC, came to our office and spoke to our clients about Medicare.
Protect Your Valuables
Informative article from the United States Department of Commerce with suggestion on how to keep you valuables safe.