It is admittedly difficult currently to find economic analysis that is not tinged with unwarranted political commentary. As Federal Reserve Chairman Jerome Powell stated in his press conference last week (in paraphrase), there are no models to run because there are no policies to yet model. The US stock market jumped for joy that the election results were definitive, thus averting a contested election. Stock investors also embraced anticipated policies promoting tax cuts and deregulation. Concerns about tariffs and bigger federal deficits haven’t weighed on the stock market so far, though they seem to be weighing on the bond market. On the wealth planning front, we discuss post election tax planning.
Click Here to Read the November 11, 2024, Economic Commentary
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Click Here to Read the November 11, 2024, Wealth Planning Commentary