Good Morning and welcome to the first day after the end of tax season! More about that later. However, first and foremost, let us keep the victims of the bombings in Boston in our thoughts and prayers as the powers that be seek justice for the perpetrators of this violence against the innocent.
Regarding the impact on the stock market, at this time and given what we know we believe that it will be minimal and brief and therefore will respond accordingly by looking to put money to work on weakness. The fixed income market will most likely stay within a trading range, buoyed by relative strength in the U.S. Economy as compared to our major trading partners.
Now, now is the time to plan for next April’s tax filing season. Fund your IRA. Fund your 401(k). Look for charities to donate to.