Sunny Economic Times Mean It’s Time To Plan for Rain
The economy is still chugging away, but proposals to increase taxes and government spending raise concerns of a derailment that savvy investors need plan for—whether it happens or not.
The economy is still chugging away, but proposals to increase taxes and government spending raise concerns of a derailment that savvy investors need plan for—whether it happens or not.
If you earn $400,000 a year, beware—a tax proposal now before Congress would increase your risk of an IRS audit.
Legislative battle looms in October as Congress wrangles with budget appropriations, return of the debt ceiling and possible government shutdown.
For months, the Federal Reserve has hinted it wants to taper off its $120 billion-a-month support of the U.S. economy before raising interest rates. When will it start?
Consider proactive steps even though final tax policy is still uncertain.
Slowing consumer price increases consistent with AMG’s view that post-pandemic reopening was responsible for spike in early 2021.
A taper tantrum unlikely, yet monetary policy’s path is dependent on still-evolving economic circumstances.
Residential investment fell in Q2 on easing demand for new and existing homes.
American ingenuity is proving itself yet again as companies innovate cleaner, cheaper alternatives to petroleum-based products, creating new markets and changing supply chains along the way.
It’s a quandary: Restaurant, hotel and other service-sector workers were laid off by the millions during the pandemic lockdown—now those businesses can’t fill their job vacancies, just when Americans are ready to spend money.