Your Look At Things You Need To Know For Your Monday

As you face your day, Smile Often, Think Positively, Give Thanks, Laugh Loudly, Love Others ,Dream Big, Remember, Life is like a Camera, Focus on What’s  Important, Capture The Good Times, Develop From The Negative and If Things Don’t Work out, Take Another Shot. Difficult Roads Often Lead To Beautiful Destinations.

Many find that their anxiety levels will go up when they watch cable news, which causes many to avoid cable news or information that would otherwise help or hurt our society. ” The Government of the people, by the people, shall not perish from the Earth.” Abraham Lincoln.

Stay engaged in the business of OUR SOCIETY, take a break if you get overwhelmed. But equipped yourself with information so that you can make a educated decision that will impact OUR SOCIETY. TAKE A BREAK, BUT,  Don’t Quit.

here’s what you need to know to Get Up to Speed

Editorial cartoon on tax cuts and the wealthy

Nobel Peace Prize

The winners of this year’s Nobel Peace Prize have a stark warning for the world’s nuclear powers: the planet’s destruction is “only one impulsive tantrum away.” Members of the International Campaign to Abolish Nuclear Weapons (ICAN), while accepting the prize during a ceremony in Oslo, Norway, urged all countries that have nukes to get rid of them. Setsuko Thurlow, a survivor of the Hiroshima bombing and an ICAN member, said the world can’t “tolerate this insanity any longer.”

ICAN was awarded the Peace Prize for its work as the driving force behind the UN Treaty on the Prohibition of Nuclear Weapons, which was adopted by 122 nations. Not among them are the nine countries known to have nuclear weapons: the US, Russia, China, Britain, France, India, Pakistan, North Korea and Israel.

Alabama Senate race
President Trump embraced controversial Senate candidate Roy Moore even tighter over the weekend. The President recorded a robocall for Moore, saying his conservative agenda will be “stopped cold” if Democratic candidate Doug Jones wins tomorrow’s special election. (The Republicans hold a 52-48 majority in the Senate.) The robocall comes after the President essentially held a rally for Moore, across the state line in Pensacola, Florida. The establishment wing of the GOP still has big time reservations about Moore after all the sexual misconduct allegations. Alabama’s other senator, Republican Richard Shelby, says he couldn’t vote for Moore. Jones will put out a robocall featuring Shelby’s criticisms today.
California wildfires
The wildfires tearing through Southern California are now burning an area bigger than New York City and Boston combined. The biggest of the six blazes — the 230,000-acre Thomas Fire — is the fifth-largest blaze in state history. And the weather is not helping out firefighters at all. There’s no rain in the forecast for 10 days, winds are still gusty and vegetation is still dry. Gov. Jerry Brown, who toured damage over the weekend, warned Californians wildfires are “the new normal.”
Jerusalem
Turkish President Recep Tayyip Erdogan called Israel a “terrorist” and “child-murderer state” in an address yesterday as he criticized President Donald Trump over his recognition of Jerusalem as Israel’s capital.  Israeli Prime Minister Benjamin Netanyahu’s response?  “I’m not used to receiving lectures about morality from a leader who bombs Kurdish villagers in his native Turkey, who jails journalists, who helps Iran go around international sanctions, and who helps terrorists.”

In Beirut, hundreds of demonstrators clashed with police near the US Embassy to protest Trump’s decision. And more than 300 people were injured Friday in protests across the West Bank, Gaza and Jerusalem. US Ambassador to the UN Nikki Haley defended the decision, calling it “the will of the American people.” (Here’s why recognizing Jerusalem as Israel’s capital is so controversial.)

Iraq and ISIS
Iraq’s military says it’s finally kicked ISIS out of the country. The country’s Prime Minister says all areas have been “fully liberated” and Iraq has retaken control of its border with Syria. In 2014, ISIS captured huge swaths of Iraq and Syria and declared a caliphate there. The campaign to push out the terrorist group took three years and involved 25,000 coalition airstrikes.

Bannon backlash
Trump political guru Steve Bannon is back on the radio — on SiriusXM — and left-leaning celebs aren’t having it.

Brace for it
A sea turtle is doing swimmingly thanks to a 3-D-printed brace used to cover a gap in its shell.

Wounded Eagle
The Philadelphia Eagles, arguably the NFL’s hottest team, won a playoff spot, only to see their QB go down with a knee injury. Bummer.

One man’s trash …
A Kenyan artist is giving “trash a second chance” by using it to create eye-catching works of art.

Today’s must-watch
‘Beneath the Skin’
In fear for his life, a Chicago police officer shoots an armed black teen. At least, that’s one version of the story. What really happened the day Roshad McIntosh died? Find out in Episode 2 of “Beneath the Skin.”

CNN

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Courtesy of Mark J Kohler, CPA, Attorney, and Mathew N. Sorensen, Attorney: ( Business, Real Estate Taxes)

The GOP Tax Reform


When the Senate and House finish their “reconciliation” and the new law is signed by President Trump, we’ll give you a detailed summary as to how it will impact you and your business. Until then, no new news and it’s still a moving target.  STAY TUNED…

Upcoming Important Deadlines- 

 

November 1st – December 15: Insurance Enrollment Period …If it’s your time to renew your health insurance or you want to change your health care strategy this is your chance. For more information on possible strategies, watch my annual Health Care Webinar.

December 31st –  ROTH Conversion Deadline…If you want to ‘convert’ some IRA money to ROTH you have to do it by Dec 31…however, keep in mind you can always undo it by the time you file your return. Hazy on the reasons why a ROTH is awesome read this.

 

December 31st –  Health Reimbursement Arrangement payment Deadline…If you had an HRA in 2017, you have to reimburse your employees/spouse or yourself before the December 31st if you want the write-off. The max contribution is 10k and if you need a refresher check out this article.


 

Economists are bullish on the U.S. economy for 2018, it’s a huge week for central banks, and new Brexit deal, same old Brexit arguments.

Hawkish

A Bloomberg survey of economists showed expectations for higher inflation next year, with predictions for the next Federal Reserve rate rise after the near-certain hike this week moving up to March. The pickup in global growth and the Republican tax plan were seen as the main drivers for the improved outlook for the U.S. economy. Speaking of the legislative agenda, President Donald Trump will give a speech on Wednesday on the fiscal overhaul as House and Senate negotiators iron out differences in the versions of the bill passed in their respective chambers.

The day after

It’s not just the Fed decision that central-bank watchers have to keep an eye on this week. On Thursday, the European Central Bank, the Bank of England and the Swiss National Bank are all poised to provide monetary-policy updates. While each bank is expected to keep rates unchanged, any forward guidance on the interest-rate path will be closely watched as economists forecast global growth to reach the highest level since the post-recession bounce in 2011.

Brexit

Just days after the deal that saw the U.K. make progress on negotiations to leave the European Union, members of Prime Minister Theresa May’s cabinet have been saying that the British government wasn’t really committed to what it had signed up to. Brexit Secretary David Davis said the deal was “was more a statement of intent than it was a legally enforceable thing,” spurring the Irish Foreign Minister to hit back on Twitter yesterday. U.K. gilts rose and the pound fell as optimism over the deal faded.

Markets rise

Overnight, the MSCI Asia Pacific Index climbed 0.7 percent, while Japan’s Topix index closed 0.6 percent higher, with the Nikkei 225 Stock Average climbing to a 26-year high. In Europe, the Stoxx 600 Index was up 0.1 percent at 5:50 a.m. Eastern Time, with banks and materials stocks the best performers in a low-volume session. S&P 500 futures added 0.1 percent, the 10-year Treasury yield was at 2.374 percent and gold was slightly higher.

Oil cuts cuts

The oil ministers of the U.A.E and Kuwait both said over the weekend that OPEC and its allies could agree at a scheduled meeting in June to draft a strategy for ending global production cuts before 2019. Citing progress in rebalancing the crude market and pressure from Russia, Kuwait’s oil minister said commodity-producing nations may end the deal next year. A barrel of West Texas Intermediate for January delivery was trading at $57.11, down 25 cents, with data from Baker Hughes on Friday showing the U.S. rig count hit a three-month high.

Here’s what you should read today

Bloomberg

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