Click here to download a pdf of The Profit Margin

To download this weeks The Profit Margin.

February 12 , 2018
Statistic of the Week: 
With New Year’s resolutions around the corner, the world is getting heavier. Obesity rates in the US are at new highs, as 40% of adults meet the threshold. Over the past 40 years, the number of obese children worldwide has increased 10x. By 2025, the healthcare cost of treating obesity is expected to reach $1.2 trillion annually.
Global Perspective: 
After an attempted coup threatened to throw the Turkish economy off the tracks last year, it grew at a rate of 11.1% in the third quarter. The nation has the best GDP growth rate of any of the OECD countries – expected to finish the year with a rate of 7%. The strong expansion has been attributed to available credit for small firms coupled with government stimulus.
Market Moving Events: 
Monday: Housing Market Index Tuesday: Housing Starts Wednesday: Existing Home Sales, Thursday: Jobless Claims, GDP, Philly Fed Business Outlook Friday: Durable Goods, Personal Income and Outlays, New Home Sales, Consumer Sentiment
After having mixed results the week before, equity markets recaptured their momentum last week and posted positive gains. The NASDAQ was the leader of the major domestic equity indices, up 1.43%.1 The DJIA logged a gain of 1.34% as the S&P 500 brought up the rear by rising 0.95%.2 The DJIA has had four consecutive weeks of positive gains, and closed at record highs 69 times over the course of the year (the most since 1995).3 We should note that 2017 has also demonstrated the least amount of volatility, as measured by a max drawdown, since 1995 as well.4 Despite the uptick in equity prices, movement in the fixed income markets remained relatively muted. The 10-year Treasury closed Friday with a yield of 2.38%.5 The House will vote on the tax reform bill this Tuesday.6 In its final form, it creates $1.5 trillion in tax savings over 10 years, doubles the standard deduction for both single and joint filers, lowers the top bracket from 39.6% to 37%, drops the corporate tax rate from 35% to 21%, caps the mortgage interest deduction on mortgages over $750,000, limits state and local tax deductions to $10,000, and doubles the child tax credit to $2,000 (for households with incomes under $500,000 - $1,400 can be refundable for households not paying any income tax).7 The bill is expected to add $1.6 trillion to the debt over the next ten years.8 For those looking to prepay state and local taxes by the end of the year to try to maximize those write offs while they exist, the Treasury Department has noted that prepaid taxes will not be eligible for deduction on your 2017 return.9 - Dan McElwee, CFP®
Chart of the Week: 
About Ventura Wealth Management: 
Ventura Wealth Management is an independent Registered Investment Advisor (RIA). Unparalleled service, objective advice, and comprehensive planning act as the central pillars of our client experience. We are dedicated to building long-term client relationships through diligent management, custom portfolios, client education, and ongoing financial review

Statistic of the Week:

Fortune Magazine

Global Perspective:

The Economist

Market Moving Data:

Chart of the Week:

Clearnomics / Federal Reserve Board


3.John Hancock Asset Management
4.Clearnomics, Standard and Poor’s
6. Face the Nation
7. Face the Nation
8. Face the Nation
9. Reuter’s
Contact Information: 

Phone: 609.671.9100

Toll Free: 866.899.0068

Fax: 609.671.9199


Visit Our Blog:


200 Princeton South Corporate Center

Suite 150

Ewing, NJ 08628


Securities offered through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services offered through Ventura Wealth Management is not affiliated with APFS and APAI.Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc. (APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.