Trump’s First State of The Union Recap

“There has never been a better time to start living the American dream,” Trump said. “I want to talk about what kind of future we are going to have, and what kind of nation we are going to be.”

These words coming from the commander-in-chief on Tuesday’s State of the Union address. Although his tone and body language appeared tired, the transcript of his speech in full outline many optimistic plans and milestones for the United States.

The theme, “A safe, strong and proud America” outlined new tax cuts and economy growth.

A hot topic issue, immigration, Trump promised to work on immigration control as a bipartisan effort. However, during the speech, he used the topic of immigration to reiterate crimes committed by immigrants. He also expressed how he will only go froward with DACA negotiations if plans for the U.S>-Mexico border wall are in place.

Closing the speech with national security, mainly North Korea, Trump stated,”Past experience has taught us that complacency and concessions only invite aggression and provocation. I will not repeat the mistakes of the past administrations that got us into this dangerous position.”

This first address garnered over 48 million viewers according to Nielsen.

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

What is A Super Blue Blood Moon?

Does the moon leak blue blood? Not exactly. But the phenomenon is one for the eyes to see. If you missed it when it occured early January 31st in the U.S., this is what it was all about.

A Super Blue Blood Moon happens it’s a full moon twice in a calendar month. Hence, the term, ‘Once in a Blue Moon’. However, the super moon comes into play when the moon is visably close. The moon orbits the earth in an ellipse, so sometimes the moon appears significantly closer to the earth than others.

Also, when this occurs during a lunar eclipse, it is quite a sight to see. As this moon passes Earth’s shadow, it gives off a red tinge in the sky.

When this happened in early rising hours across the country, many may have missed it or in places where the view wasnt so great. People on the west coast had the best view of the moon stepping into the Earth’s shadow, but many may have been asleep when it happened.

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

Moody’s Predict No Big Changes With Tax Reform

December’s tax reform is predicted to not have that much of an effect on the U.S. economy. Moody’s predict more companies will save money instead of spending on growth and that tax cuts for the wealthy will not trickle down.

Moody’s predicts that with new tax cuts, U.S. companies will use the extra earnings to pay down debt instead of putting it into the economy. Purchasing shares may also be a priority for firms.

Most individuals subject to the tax cut are those who earn $200,000 or more, which is about 5% of the U.S. population.

As the federal Reserve keeps pushing to normalize interest rates, wider deficits and higher borrowing needs are expected to soon follow.

Now that taxpayers have lost the SALT, or state and local tax deductions, many areas will struggle to pay for services. Many municipal and state budgets will tap into discretionary spending to cover costs for essential services.

Home prices will likely be hurt, too, as the lower cap on the mortgage-interest deduction reduces the tax incentive for home ownership at the higher end of the housing market.

Utility bills are slighted to be cheaper for consumers but place energy companies at a negative, which will be made up for with the tax cut credits by the U.S. government.

Companies such as Walmart, Starbucks and The Home Depot have also announced bonuses for employees thanks to new tax reform. However, the bonuses are one-time things in comparison to benefits of new tax cuts.

 

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

Stocks Tumble, But Still Await Positive Outcome

The Dow Jones Industrial tumbled more than 360 points, leading to a two-day decline the U.S have not seen since May.

Equities took a hard hit too. MetLife had disappointing numbers with tax cuts and new Amazon, JP Morgan and Berkshire Hathaway healthcare venture to blame. Apple hit a three month low, due to the government’s investigation of tethered iPhone performance by the company and low iPhone X sales.

Investors are unsure if new tax cuts and economic optimism are bringing in stronger corporate earnings.

With the week wrapping up, many investors are still awaiting companies to announce their earnings. Also, verification of predictions by economists that more jobs in January were added to U.S. economy than in December can have a positive effect on the stock market.

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

Gronkowski Will Play in Super Bowl

After a hard hit in the AFC Championship game against the Jacksonville Jaguars, New England Patriots Tight End Rob Gronkowski will play in Superbowl LII against the Philadelphia Eagles this Sunday.

Gronk was spotted at Mall of america on Tuesday playing Madden ’18 with Philadelphia Eagles and former Patriot teammate LeGarrette Blount. The star tight-end was under watch for concussion protocol, but has since been cleared to play.

Gronk and Blount played in front of a packed crowd at the Microsoft store in the mall, where Blount ultimately defeated Gronk in the game. The two respective teams will battle for the Super Bowl championship Sunday, February 4 at 6PM in Minnesota on CBS.

 

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

Top 5 Bars in Boston

Boston is a city where you can get some of the best brews and cocktails in the country. Here are the best bars, wineries and breweries in the city.

Eastern Standard

boston eastern standard

528 Commonwealth Ave., Boston

Eastern Standard has a reputation of being THE flagship bar of Boston. Any time one comes to Back Bay, this is a destination pub. Often rated by various beverage and brewery associations nationally as the best, the french brassiere attracts locals and tourists from all around. It is the a staple in the Kenmore

Back Bar

boston backbar

Address: 7 Sanborn Court, Somerville

Looking to impress a friend or a colleague from out of town, take them here. The Drink of the Week is always impressive. Good luck finding the bar, though. It has a door with hardly any indication of it being there. However the drinks make the hunt worth it.

State Park

boston state park

Address: One Kendall Square, Building 300 (Lower Level), Cambridge

This vintage bar has hipster vibes all year long.this laid-back spot is like visiting a bar in Anytown, USA. Whether to grab some big city food or drinks, this is a place where new friendships were made at the shuffleboard table. Enjoy the old-school analog jukebox while the bartender shakes you up a stiff drink.

OAK Long Bar + Kitchen

boston oak bar

138 St. James Ave., Boston

Located in the heart of Back Bay, the hand-crafted cocktails in the Fairmont Copley Plaza gives a modern twist of farm-style tables and delicious food. It’s warm ambiance and vaulted ceilings bring visitors back long after their Fairmont stay. This is a popular spot for mature crowds after 5.

Straight Law Bar

straight law boston

Address:999 Beacon St., Brookline

named after the cocktail, Straight is located inside a Tapas bar and has a broad selection of cocktails to choose from. It’s extensive wine collection makes this a hotspot for wine and cocktail lovers with great pairings of cheeses and other delicious entrees.

 

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent

Take a Bite Out of Boston

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Despite the nickname of Bean Town, Boston cuisine continually proves itself to be full of diverse flavors.  The wide array of culinary offerings reflect the culture and spirit of the city.  During the month of January, Boston is home to several food festivals.  KO Pies at the Shipyard hosts an annual Australia Day celebration, which celebrates the unique Australian cuisine.  This January 26th event boasts a menu that includes meat pies, steak Sanga, and a chicken “Schnitty” burger (a serious chicken sandwich, topped with items like prawns, cheese, and gravy).  Tim Cushman’s Bronwyn Restaurant hosted Pig Week through January 28th, which consisted of $22 daily specials that featured a different part of the pig.

Bostonians can always find pop-up restaurant events that feature foods like falafel tacos, but there are plenty of restaurants that offer unique spins on classics all year long.  For example, Gracie’s Ice Cream in Union Square incorporates cereal into several of their flavors.  This quaint shop offers bowls of cereal and milk (soy milk optional) for $3, in addition to the egg cream and ice cream flavors already on their menu.  Tiger Mama restaurant recently unveiled a brunch menu that includes a bacon-cheddar waffle with Thai chili butter.

No matter what the craving, Boston’s foodie scene has something for everyone.

-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent