Click the Link to play the video to see Barry’s thoughts on Ban of America (BAC) ...
Posts
Blog Comments & the Nasty Effect
2 hours ago
Wednesday, March 30, 2011
Monday, March 28, 2011
Berkowitz Breaks The Mold
Bruce Berkowitz continues to operate outside the box, which makes some people nervous. That’s a good thing.
http://www.investmentnews.com/article/20110327/REG/303279987
Thursday, March 24, 2011
Electric Car Subsidies = Not Winning
1 million electric vehicles on the road by 2015 is expected to cost taxpayers $7.5 billion. To say nothing of infrastructure and
recharging. And how is that power getting generated again?
Tuesday, March 22, 2011
RIP, IPO's
Turns out IPO’s are good for the economy. Unfortunately, 2002 Sarbanes-Oxley discourages new companies from going public.
Monday, March 21, 2011
Wednesday, March 16, 2011
The Fed Keeping an Eye on Inflation?
After having the current monetary policy repudiated by none other than Bill Gross, someone finally turned on the TV at the Fed.
Wednesday, March 9, 2011
Bill Gross: QE2 Keeping Rates Artificially Low
Bill Gross validates our concerns about interest rate risk, please see our February 16 post on
the Fusion IQ Blog.
http://www.thestreet.com/story/11029348/1/bill-gross-bond-yields-poised-to-spike.html
Tuesday, March 8, 2011
Cashing Out in Retirement
Making that nest egg last depends on several factors, flexibility needs to be a part of the equation.
Monday, March 7, 2011
Change in our Rating System to the Charlie Sheen Way ...
We have decided to change our stock ranking to reflect current sensibilities more closely (see below). Rankings formerly known as "Buy" "Neutral" "Sell" and "Sell Short" have been given more descriptive terms. Buy is now “WINNING”, Neutral has been changed to “GODDESSES”, Sell is a “TURD” and Sell Short is “AT WAR.” Also note that our long short portfolio has been renamed TIGER BLOOD TRADING. Please make a note of this.
~~~
Last week, PEET broke out over longstanding resistance. We have upgrade the stock from GODDESSES to WINNING !!
That said short term shares are a bit extended but on any pullback of a few $’s we would be buyers as our upside target is $ 60.00. The catalyst behind this move will be the increased growth from the anticipation that PEET will be added to the Keurig platform.
FusionIQ Top 3 picks for 2011
Our own Barry Ritholtz on CNBC revealing his Top 3 picks for 2011 - click the link below to play the video !
New Estate Tax Issues for 2010-2012 and Beyond
New Estate Tax Issues for 2010-2012 and Beyond If you had a relative, friend or acquaintance who died in 2010 they had to pay zero taxes, even if they left billions to their heirs. But there was one feature of that one-year estate tax holiday that probably wasn’t too popular with heirs: they also inherited the deceased person’s cost basis. So while the estate may have saved on estate taxes, heirs may now be sitting on large unrealized capital gains that they will eventually have to pay taxes on, though those tax rates for long term gains have remained at 15% for the time being (long term capital gains rates for clients in the 25% income tax bracket or higher are slated to move to 20% in 2013, a rate increase of 33%). Now that we are in 2011 though, the estate tax comes back, and with it, the step up in cost basis. The exemption amount is now $5 million per person, and the top tax rate is 35%. This new estate tax comes with something called portability, which will be advantageous to spouses. If one spouse dies without using up his entire $5 million exemption, the remaining amount can be added to the surviving spouse’s exemption amount. This will sometimes eliminate the need for a bypass trust to accomplish the same objective. Also in 2011, the lifetime gifting tax credit moves up to $5 million, providing an opportunity for people with large estates to use estate planning to give much more to their children so that the assets are out of the estate prior to the persons death. We don’t know yet what will happen in 2013, if nothing is done, we could revert back to the $1,000,000 estate tax and gift tax exemption and the 55% rate from years past. Now that we have clarity on the estate tax - for a couple of years, at least - wealthy individuals have a real opportunity to make some smart, tax saving planning decisions. Don’t put it off. Make an appointment early in the year to meet with an estate planning attorney, preferably one who works with your financial advisor. If you don’t have one, your financial advisor is a great resource who can point you in the right direction.
Eric C. Willer, CFA
Regional Vice President, Investments
Fusion Analytics Investment Partners, LLC
200 Crescent Court, Suite 275
Dallas, Texas 75201
Office (214) 270-2171
Cell (469) 831-4935
Fax (214) 661-6912
Toll Free (800) 890-6054 [email protected]
www.fusioninvest.com
Eric C. Willer, CFA
Regional Vice President, Investments
Fusion Analytics Investment Partners, LLC
200 Crescent Court, Suite 275
Dallas, Texas 75201
Office (214) 270-2171
Cell (469) 831-4935
Fax (214) 661-6912
Toll Free (800) 890-6054 [email protected]
www.fusioninvest.com
$100B in Bond Defaults?
Wall Street Journal article from March 2 says to expect $100B in Municipal Bond Defaults, that can’t be good.
The Wall Street Journal Estimates $100B in Muni Defaults
Markets expecting $100 Billion in Muni Defaults? That can’t be good.
New Estate Tax Issues for 2010-2012 and Beyond ...
If you had a relative, friend or acquaintance who died in 2010 they had to pay zero taxes, even if they left billions to their heirs. But there was one feature of that one-year estate tax holiday that probably wasn’t too popular with heirs: they also inherited the deceased person’s cost basis. So while the estate may have saved on estate taxes, heirs may now be sitting on large unrealized capital gains that they will eventually have to pay taxes on, though those tax rates for long term gains have remained at 15% for the time being (long term capital gains rates for clients in the 25% income tax bracket or higher are slated to move to 20% in 2013, a rate increase of 33%).
Now that we are in 2011 though, the estate tax comes back, and with it, the step up in cost basis. The exemption amount is now $5 million per person, and the top tax rate is 35%. This new estate tax comes with something called portability, which will be advantageous to spouses. If one spouse dies without using up his entire $5 million exemption, the remaining amount can be added to the surviving spouse’s exemption amount. This will sometimes eliminate the need for a bypass trust to accomplish the same objective.
Also in 2011, the lifetime gifting tax credit moves up to $5 million, providing an opportunity for people with large estates to use estate planning to give much more to their children so that the assets are out of the estate prior to the persons death. We don’t know yet what will happen in 2013, if nothing is done, we could revert back to the $1,000,000 estate tax and gift tax exemption and the 55% rate from years past.
Now that we have clarity on the estate tax - for a couple of years, at least - wealthy individuals have a real opportunity to make some smart, tax saving planning decisions. Don’t put it off. Make an appointment early in the year to meet with an estate planning attorney, preferably one who works with your financial advisor. If you don’t have one, your financial advisor is a great resource who can point you in the right direction.
Eric Willer, CFA
Regional Vice President - Fusion Analytics
214 270-2172
[email protected]
Now that we are in 2011 though, the estate tax comes back, and with it, the step up in cost basis. The exemption amount is now $5 million per person, and the top tax rate is 35%. This new estate tax comes with something called portability, which will be advantageous to spouses. If one spouse dies without using up his entire $5 million exemption, the remaining amount can be added to the surviving spouse’s exemption amount. This will sometimes eliminate the need for a bypass trust to accomplish the same objective.
Also in 2011, the lifetime gifting tax credit moves up to $5 million, providing an opportunity for people with large estates to use estate planning to give much more to their children so that the assets are out of the estate prior to the persons death. We don’t know yet what will happen in 2013, if nothing is done, we could revert back to the $1,000,000 estate tax and gift tax exemption and the 55% rate from years past.
Now that we have clarity on the estate tax - for a couple of years, at least - wealthy individuals have a real opportunity to make some smart, tax saving planning decisions. Don’t put it off. Make an appointment early in the year to meet with an estate planning attorney, preferably one who works with your financial advisor. If you don’t have one, your financial advisor is a great resource who can point you in the right direction.
Eric Willer, CFA
Regional Vice President - Fusion Analytics
214 270-2172
[email protected]
Change in Ratings (or, Charlie Sheen Goes to Wall St)
We have decided to change our stock ranking to reflect current sensibilities more closely.
Rankings formerly known as “Buy” “Neutral” “Sell” and “Sell Short” have been given more descriptive terms. Buy is now WINNING, Neutral has been changed to GODDESSES, Sell is TURD and Sell Short is AT WAR.
Also please be aware that our long short portfolio has been renamed TIGER BLOOD TRADING.
Please make a note of this.
~~~
Last week, PEET broke out over longstanding resistance. We have upgrade the stock from GODDESSES to WINNING !!
That said short term shares are a bit extended but on any pullback of a few $’s we would be buyers as our upside target is $ 60.00. The catalyst behind this move will be the increased growth from the anticipation that PEET will be added to the Keurig platform.
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