Financial Focus – March 23rd, 2022
Listen to this week’s Financial Focus as Nate Kreinbrink and James Nelson discuss the recent volatility in financial markets and the potential that might create for tax planning.
The U.S. vs. the World
Financial markets have been under a lot of pressure recently but some have fared better than other. David Nelson joins Local 4 News to talk more about some of the differences he’s been seeing lately.
Pressure Relief
OVERVIEW The U.S. stock market surged higher last week, notching its best week of gains since November 2020. The S&P 500 rose 6.16%, the Dow gained 5.5%, and the NASDAQ soared 8.18%. International stocks fared well, as well. The MSCI EAFE Index of...
Dot Plot Twist
The big news this week came from the Federal Reserve. In an 8-1 vote, the Fed’s policymakers decided to raise their benchmark interest rate by a quarter percentage point, the first increase since 2018. Additionally, they announced their plan to raise rates at...