Posts Tagged ‘inflation’

Morning Market Commentary for Q3 2022

The 3rd quarter was full of mixed emotions and uncertainty as we experienced a bear market rally during the first half of the quarter. Sentiment turned bearish in the second half of the quarter when the Federal Reserve persisted in raising rates to combat inflation. The S&P 500 dropped by another -5.3% for the quarter…

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What Is My Tax Bracket for the 2022 Tax Year?

It’s never too early to start looking at your tax obligations for the coming tax season. The information in this article is for the 2022 tax year, which most taxpayers will file in 2023. The seven 2022 tax rates themselves didn’t change (they are the same as those in effect for the 2021 tax year);…

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Q4 2021 Stock Market Commentary

For the third consecutive year, the stock market posted a double-digit positive return. The S&P 500 gained 26.9% for the year, the Dow Jones Industrial Average posted an 18.9% gain, and the Nasdaq Composite gained 21.4%. Double-Digit Returns Despite Challenges The market confronted and largely ignored a lot of events that normally would have sent…

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IRA and Retirement Plan Limits for 2021

Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased. IRA contribution limits The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2021 is $6,000 (or 100% of your earned income, if less),…

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