Doylestown Wealth Management - LPL

165 West Ashland Street Doylestown, PA 18901
P: (267) 864 - 2000 | F: (267) 864 - 2010

Advisor’s Commentary

April 2017 Budget Commentary

While lately they have been distracted by such shiny baubles as Health Care, Tax Cuts, and Infrastructure, eventually the folks in Washington are going to get around to talking about “saving” Social Security.  This “salvation” comes with a price tag,…

March 2017 Budget Commentary

Monthly Budget Review March 2017 By:     Greg Mallison Doylestown Wealth Mgt. Lately, some commentators have made much noise about the federal debt having decreased since the recent presidential inauguration, while their opponents have rushed to debunk this claim by suggesting…

Turning the Corner?

Turning the Corner? March 2017 By: Greg Mallison         Doylestown Wealth Mgt. In its recent presentation to the Pennsylvania House Appropriations committee, the Pennsylvania School Employees’ Retirement System (PSERS) has tried to put a brave face on…

February 2017 Budget Commentary

Lately, some commentators have made much noise about the federal debt having decreased since the recent presidential inauguration, while their opponents have rushed to debunk this claim by suggesting that this was a temporary effect of lumpiness in the federal…

Monthly Budget Review January 2017

Sometime next month—it would have been in February had the IRS not delayed the refund season–the total federal debt will surpass $20 trillion.  This milestone will be the occasion for a thousand blogposts, news reports, and letters to the editor…

December 2016 Budget Commentary

The incoming Republican regime in Washington has proposed a wide-ranging and sometimes inconsistent agenda, but one of their most salient items is the reform of corporate income taxes.  The existing system is disparaged for its complexity as well as its…

Monthly Budget Review – November 2016

“Reform?  Reform?  Aren’t things bad enough already?” –Baron Eldon, Lord Chancellor of England, 1801-27 No subject is so dear to the heart of so-called fiscal conservatives and self-appointed financial watchdogs as the tsunami of debt which will allegedly overwhelm the…

Monthly Budget Review – October 2016

As we approach the $20 trillion federal debt milestone amid a change of administrations it seems like a good time for sober reflection about the federal deficit.  We have reached a point where the reported deficit is consistently $500-600 billion…

The Return Illusion

The Return Illusion   Gregory Mallison November 10, 2016 .   “The asset allocation changes have performed as expected. In the seven fiscal years since the Great Recession of 2008, PSERS earned a net of fee return of 9.16 percent…

September 2016 Monthly Budget Commentary

The headline deficit for the 2015-16 fiscal year (the federal government’s fiscal year ends in September) was $ 588 billion, or roughly $ 1.6 billion per day.  Sometimes people ask me why this commentary focuses on the federal budget deficit,…