A rout of government bonds that started in Europe is spreading to the U.S. As the 10-year yields push toward three percent, Jeffrey Gundlach takes a look at just how bearish the market is likely to become. How do you know when a market bubble is about to burst? In these days of investment optimism, Jeffrey Kleintop of Schwab describes the factors to watch. Families with between $200,000 and $600,000 annual income in Georgia face the Alternative Minimum Tax. But there’s a way to receive a considerable tax credit and benefit your community at the same time. Resource Planning Group explains.
Gundlach Says Bond Wipeout Just Beginning As Bulls Rush For Exit– Hedge funds that built up bullish long-end Treasury wagers to the highest outright level since 2008 are rushing for the exit as a government bond rout that started in Europe following a weak French debt auction is spreading to the U.S. market. This may be just the beginning, according to DoubleLine Capital’s Chief Executive Officer Jeffrey Gundlach. Ten-year Treasury yields are on course to move “toward 3 percent” this year, Gundlach said. Read more…
Where’s the Next Bubble?- Bubbles can often mean trouble for investors. Fortunately, the current candidates do not seem to fit the classic bubble profile and may pose less potential damage to the broader markets and economy if they were to burst. The yield curve, which has done a good job of detecting when past bubbles are about to burst, bringing widespread negative consequences, also agrees on the relatively modest risk of a recession and bear market during the next twelve months. Read more…
A Credit For Those Who Face The Alternative Minimum Tax- Legislation passed this year in Georgia to expand the Rural Hospital Tax Credit has several benefits especially for high income tax payers. Considering the simplicity of the credit, the universal applicability, and the appeal of significant tax savings, it would be a mistake for high income Georgia taxpayers to ignore the usage of this credit. Read more…
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller
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