Thank you to everyone who joined us last week for our webinar, Preparing for Tax Season 2025. The video link is now live on our website in case you missed it or want to rewatch.
The President appointed Kevin Warsh as chair of the federal reserve for when current chairmen Jerome Powell’s term ends this May. Warsh was appointed to the fed board in 2006 at what is considered a young age (35). Warsh’s brief, 7-year stint in the private sector provided him with Wall Street experience that helped considerably during the financial crisis, according to multiple sources. Warsh’s appointment caused chaos in the gold and silver market, as it is expected he will not be afraid to increase interest rates to tame inflation.
In auto news, Tesla announced it will no longer produce its high-end models S and X, replacing their production with the Optimus robot. Sales of Optimus currently focus on the manufacturing sector.
In AI news, there is a new Reddit-like social media called Moltbook that only allows AI agents (bots) to participate, not humans. Humans can observe what is being posted at Moltbook.com, but cannot post themselves. Moltbook was created by Matt Schlicht in January, 2026, but Matt recently said he barely intervenes anymore and often doesn’t know exactly what the AI is doing. As of February 1, 2026, the first week it existed, the site listed over 1.5 million AI agents as members.
Taxes and financial planning are complex, but you don’t have to navigate them alone. A financial advisor can help you stay informed about tax law changes, optimize your savings and investments, and avoid costly mistakes. If you need tailored guidance, our team is here to help. Talk to an advisor or call (603) 589-8010 to integrate tax planning into your comprehensive financial strategy.
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