While some analysts are cautioning about a near-term pullback, or melt-down in the markets, others are confidently predicting a melt-up. Which is it? Liz Ann Sonders of Charles Schwab offers insight into the situation. In good news for the United States, the International Energy Agency says the U.S. will be the top oil producer in the world by 2015. Whether this actually means an abundance of oil is another story. Bloomberg looks into the status of the oil markets. Those who receive Social Security can expect a bigger check in 2014, while 6% of wage earners may pay more taxes. U.S. News explains how Social Security will change. Many at retirement age plan to keep working, and some will double their Social Security benefits in the process. Our last article explains how you can boost your retirement income.

Is The Market Due For A Melt-Down Or A Melt-Up? According to Liz Ann Sonders, Chief Market Strategist at Charles Schwab, sentiment indicators suggest there is a growing near-term risk of a pullback. Others optimistically disagree. Here is her analysis of the market trends.
http://advisorperspectives.com/commentaries/schwab_110613.php

U.S. Soon Will Be World’s Biggest Oil Producer, IEA Says-The U.S. will outstrip Saudi Arabia and Russia to become the world’s top oil producer by 2015. Will we achieve total energy self-sufficiency?
http://www.bloomberg.com/news/2013-11-12/u-s-nears-energy-independence-by-2035-on-shale-boom-iea-says.html

How Social Security Will Change in 2014– Social Security payments will increase in 2014 because of the cost-of-living adjustment.  There will also in be increases in social security payroll taxes for some wage earners.
http://money.usnews.com/money/blogs/planning-to-retire/2013/10/30/how-social-security-will-change-in-2014

If You Work Past Age 65, Here’s How To Boost Your Benefits–  This article offers a checklist of key retirement planning items for clients who continue working past 65.
http://wealthmanagement.com/retirement-planning/planning-non-retirement

We hope you enjoy reading these articles along with us and that you find them informative.  Please forward this to your friends and family. John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.