Notes on the Economy – 1Q 2020 Summary
The global economy now faces another risk—potential loss of production due to the COVID-19 outbreak that originated in Wuhan, China.
The global economy now faces another risk—potential loss of production due to the COVID-19 outbreak that originated in Wuhan, China.
AMG National Trust plans to mail out 1099-B, 1099-DIV, 1099-INT and 1099-MISC statements for the 2019 Tax Year as follows. Accounts holding investments with all necessary tax information received are expected to be printed and mailed by February 13, 2020. Clients should expect to receive them the week of February 17, 2020, depending on the…
A look at probable economic scenarios and asset class expected return projections.
The world’s reliance on China is deepening, but complex economic challenges loom for the nation. It’s a Gordian knot that could affect us all.
1. BRACE FOR MARKET VOLATILITY Stock fluctuations could make 2020 a rollercoaster year. AMG believes economic growth next year will be slightly above trend, but the first six months might be choppy, making markets vulnerable to sharp corrections. Also, America will hold a presidential election in November, and pundits and politicians will most certainly try…
With the passing of the Consolidated Appropriations Act of 2020 in December, a number of tax law changes were made that may affect individual taxpayers.