Decoding Fed Policies and Market Trends: From Interest Rate Hikes to Tax Code Revamps

Enlightenment - A Herold & Lantern Investments Podcast

August 28, 2023 Season 5 | Episode 27
Ready to navigate the turbulent waters of the financial markets? Join us as we dissect Fed Chairman Powell's landmark speech at Jackson Hole and its profound implications on the landscape of finance. We shine a spotlight on the markets last week, the risks lurking in the leveraged loan market and high yield bonds, along with highlighting some intriguing individual stock ideas. The impact of Fed's policy on interest rates, equity markets, and the currency markets is also under our microscope. Plus, we unfold how the delay in rate hikes, due to the amount of funds disbursed for COVID relief, has led Americans to seize this golden opportunity of low rates for mortgages.
Fasten your seatbelts as we zoom into the recent revisions to the tax code that could seriously affect those earning more than $145,000. We're sharing how the $7,500 catch-up contribution to an IRA now needs to be funneled into a Roth account and why these new rules won't be implemented until 2026. The SALT cap, its implications, and the ingenious workarounds some states have established for business owners are also on our discussion radar. But here's the kicker: the IRS has legitimatized this workaround and we're here to help you leverage it.
Finally, we give you a ringside view of the market sentiment following a positive week, with leading indicators like the S&P futures, NASDAQ, and Dow all showing gains. From the effects of the stamp duty cut on stock trades in China to the significant visit by Commerce Secretary Gina Raimondo, we cover it all. We also bring you updates around Horizon Therapeutics, Hawaiian Electric, XPeng, 3M, Kimco, RPT Realty, Hersha Hospitality Trust, Boston Scientific, and Novaq. To top it all, we review the best-performing stocks in the last 25 years. So, come aboard and let's sail together through the tumultuous yet tantalizing world of finance!

** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.
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