Stocks and bonds both were down for the third quarter after rallying in July. The hope that the Fed would ease its interest rate hikes was quickly shut down when the Fed and other central banks around the world reiterated their commitment to taming inflation. The Fed raised rates twice in 0.75% increments during the quarter.
While debates around the child tax credit have mostly focused on incentives for parents, new research highlights the effect of cash transfers for children.
Listen to our weekly stock market recap, including a look at the week ahead.
In this installment of Advisor Commentary, Marc Bautis discusses the market rebound in October, how supply chain issues could disrupt holiday shopping and the Rivian Automotive IPO.
As we enter the final quarter of 2021, let's review the economic and market benchmarks and get into the details of several important topics, including forecasts for Q4, the update from Washington, D.C., tax changes and year-end planning to-dos.
Make note of these key dates for college planning, Medicare, taxes and other end-of-year financial deadlines.
Here are a couple of areas of President Biden's Build Back Better Plan that will impact people the most.
The United States has come far since the COVID-19 pandemic began, but what does the future hold? In this installment of Advisor Commentary, Marc Bautis addresses leading indicators to better understand the future of the economy.