IRS Throws Us a Lifeline
A recently amended IRS rule now allows individuals to take a penalty-free withdrawal from their retirement account for an unspecified emergency. Penalty-free withdrawals for those under the age of 59.5 were previously limited in nature. This is a big win for the American worker who has chosen to save rather than spend!
In this edition of The Monthly Minute, Ryan Kropog breaks down the details of this new rule.
Coming off the heels of 2022, many investors, economists, and consumers predicted that a recession was looming on the horizon due to the rapid increase in interest rates that we had experienced. So far, this scenario still hasn’t come to pass. Why is that?
In this edition of The Monthly Minute, Chris Rodriguez reviews recent data to help explain why the economy has managed to avoid a recession thus far.
In this edition of The Monthly Minute, Courtney Valentine discusses recent shifts in Fed policy and the ripple effects on bond markets.
Stocks and Bonds in 2024: A Tale of Two Asset Classes
Stocks and bonds have had a divergent path to start the year. But why? In the latest edition of The Monthly Minute, Ryan Kropog discusses the recent performance of these two major asset classes and what to expect for the rest of 2024.
Market Expectations: 2024 Election
As we move further into 2024, one thing that will be dominating this year’s headlines will be this year’s presidential election. For February’s edition of The Monthly Minute, Chris Rodriguez looks at how the stock market has historically performed during election years.
Navigating the Market: 2023 Review and 2024 Outlook
In this edition of the Monthly Minute, Courtney Valentine delves into the economic landscape of 2023, exploring its challenges and triumphs, and offers insights into the potential developments and expectations for the year 2024.
The economy has picked up speed in the 3rd quarter of this year. Does that mean that Inflation will once again become an issue? In this edition of the Monthly Minute, Chris Rodriguez discusses the current economic outlook after the most recent U.S. Gross Domestic Product report.
Some recent downward pressure in the stock market has coincided with a recent surge in government bond yields. So, what gives? In this edition of The Monthly Minute, Ryan Kropog expands on why we are suddenly seeing higher bond yields and what this means for investors.
Consumers have been driving economic growth since the beginning of the year with their lofty spending habits. In this edition of The Monthly Minute, Courtney Valentine discusses the source of funding for the current rate of consumer spending.
The U.S. economy has remained resilient coming off the heels of historically high inflation and rising interest rates.
In this edition of The Monthly Minute, Chris Rodriguez takes a closer look at two things driving the economy: Consumer Spending and the Labor Market.