A Financial And Tax Planning Strategy For This Week's Stock Market Plunge

Published Friday, September 23, 2022 at: 8:06 PM EDT

Here’s an update on this week’s financial economic news, informed by financial and tax planning and a perspective suited to investors seeking to build a retirement income portfolio or building a legacy for the next generation.  The U.S. Index of Leading Economic Indicators (LEI) declined for the sixth consecutive month, and economists at The Conference Board, who compile the data on the 10 indexes that comprise the LEI every month, for the first time in about 15 years projected a recession in the coming quarters. The Board of Governors of the Federal Reserve System voted unanimously Thursday to approve a three-quarter of...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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