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). […]
While the S&P 500 companies are listed on U.S. stock exchanges, they earn a substantial portion of their revenues from international markets and rely on a globally connected consumer base. Currently, the largest public companies in America generate 41% of their revenue from outside the U.S., which is nearly double the revenue percentage seen in […]
