Navigating 2025
Markets finished the 4th quarter with more upside and the S&P 500 gained 25% on the year. Along the way, there were 57 record closes as inflation continued its descent, the Fed started lowering rates, and AI lifted the big tech stocks to lofty levels. These are...
Tax & Financial Planning Newsletter
Click here to read more about important January deadlines along with updated tax planning for 2025.
Protect Yourself from Targeted Scams
Please click here to read more on how to protect yourself from targeted scams.
2024 Year-End Tax Planning: Looking Ahead
As 2024 draws to a close, now is the ideal time to explore tax planning strategies that could reduce your tax burden not only for this year but also for 2025 and beyond. While many effective tax-saving approaches remain consistent year after year, there is still a...
A Broadening Rally
Despite wars, hurricanes and a contentious election, the market continues its historic rise, consistently hovering around all-time highs. Click here to read Newsletter.
True State of Social Security-What You Need to Know
The Social Security system is facing significant challenges, with projections indicating that the Old-Age, Survivors, and Disability Insurance (OASDI) Trust Fund may be depleted by 2035. Click here to read more.
Canal Capital Named to Inc. 5000
Canal Capital Management is pleased to announce that we have been selected to the Inc. 5000 list for 2024, our sixth year in a row. This is an annual ranking that consists of the fastest growing private companies in America. Canal came in ranked at number 4,790, and...
Two Diverging Paths
The first half of the year is now in the books, and markets continued to perform well but were dominated by just a few names. For the first six months, the S&P 500 was up 14%, but 30% of that return was attributed to Nvidia which rose by 149% as the AI hype...
Election Guide
Click HERE to read more on our 2024 Election Insights.
Momentum
The first quarter turned out to be more of the same for markets, with stocks (S&P 500) up 10%, continuing the strong momentum of 2023. Any weakness only lasted a couple of days and investors bought the dip resulting in 22 all-time closing highs. Market leadership...