Now What
August 29, 2022 Good morning, Friday’s 8 min speech in Jackson Hole by Fed Chair Jerome Powell seemed to be largely a reiteration of his prior messaging – perhaps more forthright – but it hardly represented a significant change in the course of the Chair or the Fed. And yet, the S&P 500 was down […]
Understanding the Inflation Reduction Act from a Wealth Planning and Investment Perspective
By Mallon FitzPatrick, CFP®, Head of Wealth Planning, and Stuart Katz, Chief Investment Officer August 29, 2022 – After considerable back and forth between lawmakers and the White House, President Joe Biden signed the Inflation Reduction Act (IRA) into law on Tuesday, August 16, 2022. The approximately $485 billion spending bill is offset by a forecasted […]