Financial Focus – June 16th, 2021
Listen to this week’s Financial Focus where Nate Kreinbrink and Andy Fergurson of NelsonCorp Tax Solutions discuss the increased child tax credit in 2021 and the processing of 2020 tax returns.
Capital Gains
Recently we have seen a tax proposal from President Biden that aims to help fund some of the increased spending the government has incurred. James Nelson joins the Local 4 News team to touch on the highlights of the proposal and where investors should pay particular attention.
Fund Flows Fading
OVERVIEW U.S. stocks were mixed last week, with the S&P 500 and Nasdaq gaining 0.41% and 1.85%, respectively, but the Dow fell 0.8%. Growth stocks had a strong week, rising 1.95%, whereas value stocks slipped and fell 0.4%. Internationally, developed...
Slicing the Pie
This week’s featured chart looks at how American households are slicing up their economic pie or total wealth. Using data from the Federal Reserve, we break down the overall wealth of American households into four major categories: stocks, real estate, cash,...