The Week Ahead: July 19, 2021: Market Update, Investment and Portfolio Month, COVID-19 update, all this and more in The Week Ahead!
Posted on July 20, 2021
CURRENT STATE OF THE MARKET (NEW)
Weekly Market Commentary 07.19.2021
U.S. Stocks Struggle as Inflation Jumps; China’s Economy Continues to Rebound
Published by The Carson Group, LLC
Two big economic releases in the U.S. and a series of economic data in China highlighted a challenging week for U.S. stocks. Inflation surged 0.9% and has now increased 5.4% over the last year (Figure 1). The U.S. Consumer Price Index increased more than expected, led by large spikes in used vehicle prices…Read More
SUMMER VOLATILITY HEATING UP (NEW)
Summer Volatility Heating Up
Cetera Article provided by Taylor Financial Group
This summer and the second half of the year could be marked by more market volatility, as investors become less complacent about growing risks and momentum fades. Bond investors have been bidding up bond prices, sending 10-year Treasury yields lower, to under 1.3% (from 1.75% just a few months ago). This could be an ominous sign for the economy and equity investors are starting to take notice….Read More
SHOULD YOU BE CONCERNED ABOUT INFLATION (NEW)
Should You Be Concerned About Inflation?
Broadridge Resource provided by Taylor Financial Group
If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, the Consumer Price Index for All Urban Consumers (CPI-U), often called headline inflation, rose at an annual rate of 5.0%, the highest 12-month increase since August 2008…Read
JULY IS INVESTING AND PORTFOLIO MONTH (NEW)
What Will Have The Least Tax Impact: Harvesting Capital Gains or Roth Conversions?
Checklist provided by Taylor Financial Group
You may often have outsized positions due to appreciation and large pre-tax retirement accounts. You may be looking to reduce portfolio risk and protect gains now, while also aiming to reduce your future income tax burden. Roth conversions and harvesting capital gains are two effective financial strategies that can achieve these goals; however, they accelerate income tax costs….Read More
How Teens Can Start Investing Through a Roth IRA
Kiplingers Article provided by Taylor Financial Group, LLC
By beginning to invest in a Roth IRA at an early age, today’s teens can become tomorrow’s millionaires. A Roth IRA can be a great way for a child or grandchild to begin saving for retirement while learning about investing. A child can utilize a Roth IRA as long as he has some kind of income for the year. If the child isn’t a minor, he can open a Roth IRA at an investment firm….Read More
GOLF CLINIC DAYS WITH TAYLOR FINANCIAL GROUP (NEW)
Each Golf Clinic is assigned on a first-come-first-serve basis so RSVP ASAP! And don’t forget Happy Hour (Or some extra holes after the clinic – up to you!)
Wednesday, August 4th, 8:45 – 9:45 am (Driving Range)
Economist Video provided by Taylor Financial Group
Past pandemics have transformed societies—and this time it’s no different. As restrictions ease, glimpses of a pre-pandemic world have begun to reappear. Will life ever return to normal? To answer this question, The Economist has devised a “normalcy index” to track how behavior has changed, and continues to change, because of the coronavirus pandemic…Watch Here
Tom Fridrich, JD, CLU, ChFC®, Senior Wealth Planner We’ve all asked ourselves whether it’s too early to retire (usually after a particularly challenging commute or dealing with a difficult client). You may have even gone so far as to take a sneak peek at your account statements …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, For investors, it may feel like déjà vu all over again as inﬂation and the Fed dominate market headlines on a day-to-day basis. After all, the numerous market swings last year were driven by ever-changing expectations around the Fed – …
Matt Kory, Vice President, Retirement Programs As a retirement income vehicle, the 401(k) is second in popularity only to Social Security – and as CNBC reported in 2019 the number of 401(k) millionaires is at an all-time high. But is a million dollars even enough for your retirement needs?