Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
Last week, equities struggled to find direction, posting gains one day only to be wiped out the next. By the time all was done, the S&P 500 finished the week up 0.8%, marking the first increase in the past four weeks. Fixed income markets were much the same, with US 10-year yields flirting near..
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On July 17, 2023, the IRS issued Notice 2023-54 (“the Notice”) which updated guidance for most non-spouse beneficiaries that inherited an IRA after December 31, 2022, and provided special rollover relief for taxpayers that mistakenly took an IRA distribution at age 72. The Notice was in response largely to the confusion created by the IRS over law changes contained within the SECURE Act 2.0 legislation. The updated guidance is..
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Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
Last week, markets posted broadly negative performances due to concerns over the potential effects of a U.S. credit rating downgrade by Fitch (to AA+ from AAA). The downgrade was simply a global broadcast of the U.S. fiscal situation - no surprise, it is not good, but in our opinion, it is still..
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