The recession continues not to show up
The economy is accelerating, not decelerating :10
Corporate profits have never been higher 1:25
Inflation is coming down 2:20
The 10-year treasury hit 3.6% last week 3:00
The Fed will cut in Sept. sending a lot of money into the market 4:30
The labor market is still tight 6:10
The Tipping Point
Recent IRS Changes and Your Retirement
This week we cover recent IRS changes to inherited retirement accounts and their potential impact on your financial plan. We’ll highlight potential risks, common mistakes, and steps you can take to protect your retirement savings, by reducing taxes and staying compliant with IRS rules.
Hidden Facts of Finance
Economists were far more worried about the economy last year. 54% predicted a recession in the next 12 months in July of 2023, compared with only 28% this July 2024, according to a Wall Street Journal survey. Investors who bailed out of stocks last year, anticipation of the recession missed huge gains, in fact, over the last 12 months the S&P is up 20%.
Second quarter revenue for Trump Media and Technology was $837,000, which might sound not not terrible, but their market cap is $5.1 billion.
From March 2000 to March 2010, the S&P 500 had an annualized return of -0.7% a year and the technology sector was down 8% a year over a ten year period. Meanwhile, the S&P 500 energy sector averaged 9% a year. Small caps averaged 6.6% a year, and the emerging markets average 10% a year.
