About Keith Molyneaux
Posts by Keith Molyneaux…
The Federal Reserve cut interest rates this week for the first time since 2020. Historically, the S&P 500 returns 4.9% on average one year after the first interest rate cut, and returns have been positive nearly 70% of the time. In the first three months following an initial cut, the markets tend to dip, but […]
Federal Reserve policymakers voted to cut interest rates by a half-percentage point, opting for a more robust start in its first cut since 2020. The long-awaited pivot follows an aggressive two-year fight against inflation that saw the Fed raise rates to the highest level in more than 20 years. Eleven of 12 members of the […]
Working individual retirement accounts (IRA) into your legacy plans has gotten a bit trickier post-2020, leaving your heirs with a potentially sizable tax bill without proper planning. Previously, heirs could take withdrawals from inherited IRAs over their lifetime, in what were known as “stretch IRAs.” However, as part of the SECURE Act of 2019, inherited […]
Sales of previously owned homes continued their summer slump in August, as high prices and high mortgage rates keep buyers sidelined. Existing home sales, which account for the bulk of the market, fell 2.5% in August from July to a seasonally adjusted annualized rate of 3.86 million, according to the National Association of Realtors (NAR). […]
Student loan debt is a major burden for millions of Americans, with total debt exceeding $1.7 trillion. The debt affects a wide range of borrowers, from recent graduates to older individuals still dealing with financial strain decades after finishing their education. As of 2024, approximately 43 million people in the United States have federal student […]
