The Sideshow becomes the Main Act.

The firing of Director Comey did not spook the markets; the possibility that the President may have obstructed an FBI investigation did. We recently commented that the stock market is being driven by earnings, not by Washington.  Over the past month most of the S&P 500 companies reported their first quarter results.  For analysts and investors, the earnings reports provide […]

Wall street appears to ignore Washington politics.

The news that FBI director James Comey was fired carried with it an expectation that the equity markets would be falling hard and fast.  A similar view was held when Mr. Trump was elected president.  Neither case however materialized.  This latest incident speaks to the larger issues going on in Washington which the market continues to ignore.  Health Care Reform […]

Social Security & Its Impact On You

PWA Wealth Management, Inc. (“PWA”) is an investment advisor registered with the United States Securities and Exchange Commission (“SEC”).  For a detailed discussion of PWA and its investment advisory fees see the firm’s Form ADV Part 1 and 2A on file with the SEC at The views expressed herein represent the opinions of PWA.  All data provided by PWA is […]

Trump Wins!

On November 8, 2016 we the people of the United States of America elected Donald Trump as the 45th President of our great nation.  This election is historic in many ways.  Our role is to address the economic impact and we will leave the political discussions to the main stream media.  We are focused on the economic effects of this […]

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