Is October especially risky for investors? Since 1952 it has typically been the second-worst performing month of the year. Liz Ann Sonders of Schwab offers analysis and a forecast for the fourth quarter of 2017. Lawmakers are currently focused on tax reform, but the chances of a bill being finalized before the end of the year are looking slim. The key questions of concern to investors are covered by Michael T. Townsend. 64,000 readers of Consumer Reports answered a survey on the best and worst auto insurance companies, with some surprising results. Clark Howard shares the details on how your insurance company ranks.
Market Perspective: Fourth Quarter Fun…Or Folly?– Typically, the fourth quarter sees quite a bit of action, with budget battles—both political and corporate—hiring and firing announcements for the next fiscal year, money manager positioning for year-end, and the holiday shopping season all gracing the calendar. Liz Ann Sonders and her team discuss what we might expect in the fourth quarter and the prospect for the next recession. Read more…
Tax Reform Framework Released, But The Road Ahead Is Long– While Republican leaders are pushing for quick action, the substantive and political complexity of tax reform, coupled with a tight fall schedule, makes it highly unlikely that a bill will be finalized before the end of 2017. Most Washington observers believe tax reform will not be finalized until 2018—and even that is no sure thing. Read more…
Best And Worst Auto Insurance Companies– Consumer Reports took a look at the auto insurance industry by surveying more than 64,000 readers about their satisfaction on the claims process, the cost of premiums and the overall customer experience. Here are the winners and losers, according to the magazine. Read more…
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