Equity markets stumbled as tariff headlines and Fed policy jitters erased early-week gains. Tech underperformed, while small caps and foreign stocks showed resilience. Get the full market breakdown and what to watch for next week.
U.S. equities advanced amid strong earnings, with financials and small caps leading the way. The ECB shifted focus to economic growth with a second consecutive rate cut, while resilient retail sales complicated Fed rate-cut bets. Key economic data releases are on tap for the week ahead.
Global markets experienced a mixed week with U.S. equities showing varied performance and European stocks gaining momentum. Bond yields rose on soft landing prospects, while commodities saw modest declines. Key economic data releases in the week ahead could further shape market expectations.
Taxes are NOT going up!?! Until the Build Back Better plan, or an alternative, is approved, there are no tax increases scheduled for 2022.
Do you have cash or investment funds that you do not need during your lifetime, and where you would like to maximize the investment return by eliminating taxes?
As we look ahead at the fourth quarter and year-end, we see the extended tax 2020 deadline (October 15th) approaching and our shortening timeline to make strategic tax moves for 2021.