The strategists at Schwab believe we’re in a “bunny” market. Rather than behaving as they do in a bull or bear market, stock prices are hopping up and down. There’s an reason for this, as Schwab’s chief global investment strategist Jeffrey Kleintop explains. This morning President Biden vowed to pursue a tax increase. Nancy Cook and Jennifer Jacobs discuss how it may affect you. What’s the most important decision facing retirees? It may be choosing the right Medicare coverage. Medicare expert Joanne Giardini-Russell discusses how to avoid a costly mistake.
Bull? Bear? How about a “Bunny” market? — The market is reacting to the progress on vaccinations and re-openings coupled with the rise in interest rates and worries over the potential withdrawal of central bank stimulus next year. The result? It’s behaving more like a “bunny” than a bull or a bear, with stock prices hopping up and down. Read more…
Biden Vows To Raise Taxes On Anyone Earning More Than $400,000 — President Joe Biden promised on Wednesday morning that any individual earning more than $400,000 a year would see some type of tax increase under his forthcoming economic plan. Those earning less than $400,000 will not face an increase. Read more…
A Consequential Decision For Retirees – Medicare Advantage Versus Medigap — Making the wrong choice can prove costly, as Medicare expert Joanne Giardini-Russell explains. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller