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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (7728)10/11/2019 1:29:10 AM
From: Kirk ©2 Recommendations

Recommended By
berniel
Investor2

  Respond to of 26838
 
Social Security Announces 1.6 Percent Benefit Increase for 2020
Thursday, October 10, 2019: Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today.

The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2019. (Note: some people receive both Social Security and SSI benefits). The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the Department of Labor’s Bureau of Labor Statistics.

Some other adjustments that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $137,700 from $132,900.

Social Security and SSI beneficiaries are normally notified by mail in early December about their new benefit amount. Most people who receive Social Security payments will be able to view their COLA notice online through their my Social Security account. People may create or access their my Social Security account online at www.socialsecurity.gov/myaccount.



To: robert b furman who wrote (7728)10/14/2019 10:13:44 AM
From: Kirk ©2 Recommendations

Recommended By
berniel
kimberley

  Read Replies (2) | Respond to of 26838
 
It is great to see my leading indicator stocks bottom during the 2018 Christmas bear market for one last great opportunity to add to my positions. Now Lam is just off its record high and my other two favorites in the graphs are not too far behind.

Global semiconductor market revenue forecast to rebound to 5.9% growth in 2020

The semiconductor industry is undergoing a brutal downturn in 2019 - a drop so powerful that it can only be ended by an even more formidable force: the massive economic impact exerted by the deployment of 5G technology, according to IHS Markit.

Following a 12.8% plunge in 2019, global semiconductor market revenues will rebound to 5.9% growth in 2020 - an 18pp swing, IHS indicated. Global revenues will rise to US$448 billion next year, up from US$422.8 billion in 2019. The deployment of 5G will be the main factor propelling this recovery, not only because.... facebook.com

I hope you had a good weekend. My '49ers seem to be a good team again!