North Korea and the Financial Markets

The PKA Team By | On August 15, 2017

The developing situation between the U.S. and North Korea has rattled the financial markets this week. Should we be worried? Hitting a breaking point Let’s start with the actual geopolitical situation. The U.S. and North Korea are hitting a breaking point. The U.S. cannot accept North Korea having the ability to strike the mainland with […]

Market Update for the Month Ending July 31, 2017

The PKA Team By | On August 7, 2017

Global markets post solid results in July Financial markets around the globe rose in July. In the U.S., the S&P 500 Index gained 2.06 percent, the Dow Jones Industrial Average rose 2.68 percent, and the Nasdaq Composite surged 3.42 percent. On a technical basis, all three indices remained well above their 200-day moving averages. Fundamentals […]

MN Tax Deduction for 529 Plans

Bryan Pratt By | On August 3, 2017

Minnesota taxpayers now have the option of claiming either a state tax credit or deduction for contributions to a 529 college savings plan. This change goes into effect for the 2017 tax year. The first option is a deduction of up to $3,000 for a married couple filing jointly or $1,500 for all other filers […]