As inflation climbs, the Fed reacts. Provided by Marc Aarons At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%, up from its March projection of […]
There are compelling reasons to adopt a wait-and-see approach. Provided by Marc Aarons Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.” The most recent reading on consumer prices put inflation back into the conversation. The Consumer Price Index […]
What does inflation mean for your investments? Provided by Marc Aarons In August of 2020, the Fed announced that it is willing to allow inflation to run higher than normal in order to support the labor market and broader economy. This major policy shift allows inflation to run above the Fed’s 2% goal for some […]
In this Q1 recap: the Federal Reserve alters its outlook, the truce in the trade dispute holds, the real estate market strengthens, and stocks make an impressive comeback from Q4, even as growth concerns mount. A review of Q1 2019, Presented by Marc Aarons at Money Managers, Inc THE QUARTER IN BRIEF The strongest first […]
Less SALT for Taxpayers to Subtract What does the new federal cap on state and local tax deductions mean for you? Provided by Marc Aarons @ Money Managers, Inc. Have you routinely itemized your federal tax deductions? In 2018, you may decide to take the standard deduction instead. One possible reason: the new limit on […]