Daily Reads 3/4/19
Good morning! We hope you had a great weekend. Today we bring you reads covering the last round of US-China trade talks, the sharing economy that is changing the world, and changes to the IRA contribution limit for 2019.
news/articles/2019-03-03/u-s- and-china-in-final-stages-of- completing-trade-deal-wsj? srnd=economics-vp
If China complies with protecting intellectual property rights, we could be nearing a trade deal which would lift all U.S. tariffs. After the last round of talks, US government officials announced that they will only officially lift tariffs when China fully implements its part of the agreement. The question is, how long will that take?
As reports rolled in of progress of trade talks between the US and China, US government bond yields declined to 2.748% as prices rose. China reportedly offered lower tariffs on U.S. farm, chemical and auto products.
forbeslacouncil/2019/03/04/ the-sharing-economy-is-still- growing-and-businesses-should- take-note/#6a133d544c33
Did you know that on average, most cars sit idle for 95% of the time? The sharing economy is growing with better technology, helping to cut your expenses and better conserve resources.
If you haven’t saved for retirement, start saving immediately, make catch up contributions to your 401K and IRA accounts if you are 50 or older, plan to work as long as possible, take a look at your expenses and see where you can save.
business/investment/personal- finance/ira-taxes-in-must- know-facts/article_fabb4209- 9d1b-5863-855f-159c1f27b6a3. html
All the information you need to know about IRA contribution limits for 2019. How much can you contribute to an IRA? “If you’re younger than 50, then your limit for 2019 is $6,000, up $500 from 2018’s levels.”