How can investors safeguard their portfolios during geopolitical conflict? Will the war in Ukraine trigger a recession? Liz Ann Sonders and her team at Schwab offer analysis and investment advice. There’s a reason interest rates are rising along with inflation. Carmen Reinicke of CNBC explains the pinch to consumers’ budgets. You may be missing out on a deduction for investment expenses. The rules have changed, and CPA Hayden Adams describes how to take advantage of the available deductions.
Schwab Market Perspective: Fog of War — The Russian invasion of Ukraine overturned a lot of assumptions about the near-term direction of the global economy. Volatility has spiked across virtually every asset class, with ruptures in the commodity space sparking the latest discomfort. Looking ahead, however, there is some good news on the inflation front. And diversified investors may not need to take defensive actions in their portfolios—unless we enter a recession. Read more…
Why The Federal Reserve Raises Interest Rates To Combat Inflation — The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. Yet consumers who are already grappling with higher prices putting a strain on their wallets may be wondering how increasing borrowing costs will help tamp down inflation. Carmen Reinicke explains for CNBC. Read more…
Investment Expenses: What’s Tax Deductible? — The IRS allows various tax deductions for investment-related expenses if those expenses are related to producing taxable investment income. With the Tax Cuts and Jobs Act (TCJA) of 2017, some of the rules related to the deductibility of investment expenses have changed. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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