Are market pressures building toward recession? What should we expect from short-term interest rates? Yesterday the CEO of DoubleLine Capital, Jeffrey Gundlach, unveiled his predictions for the coming year. The wealthy may get a break on estate taxes. Ashlea Ebeling of Forbes explains the new estate and gift tax limits for 2022. 2021 was a giant year for stocks. But “December’s gain could be January’s pain.” That’s according to the director of research at FBB Capital Partners, Mike Bailey. Vildana Hajric and Emily Graffeo cover the current market analysis for Advisor Perspectives.
The Yield Curve Is No Longer Sending A ‘Don’t Worry, Be Happy’ Signal, Warns Bond King Jeffrey Gundlach — DoubleLine CEO Jeffrey Gundlach said yesterday that the yield curve had seen “pretty powerful flattening,” and is “approaching the point where it signals economic weakening. At this stage, the yield curve is no longer sending a ‘don’t worry be happy’ signal. It is sending a ‘pay attention’ signal.” Read more…
New Higher Estate And Gift Tax Limits For 2022: Couples Can Pass On $720,000 More Tax Free — The official estate and gift tax exemption climbs to $12.06 million per individual for 2022 deaths, up from $11.7 million in 2021, according to new Internal Revenue Service inflation-adjusted numbers. The new numbers essentially mean that wealthy taxpayers can transfer more to their heirs tax free during life—or at death. Read more…
Three Monster Years For The S & P 500 Set A Towering Bar For January — The S&P 500 Index has now doubled since New Year’s 2018, capping a stretch of sustained strength with few precedents. Following an annual return of greater than 20%, though, the S&P 500 tends to start out the year tepidly. What returns will the rest of the year bring? Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller