Protect Your Assets

2023 is off to a strong start for consumer spending. Even though the economy started on solid footing in January, the unexpected consumer strength, the tight labor market, and inflation, which keeps hanging in there, is challenging the Fed to keep interest rates higher for longer. Hear the rest of The Sandman’s market report.

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Some uncertainty and volatility returned to the markets last week, prompting the question: Will the rally continue or will volatility increase? Plus, the 10-2 spread is inverted, meaning the two-year Treasury is paying more than the 10-year Treasury. Does this mean the Fed has raised rates too much? All this and more on this week’s market segment.

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U.S. stock markets rose, but gains have evaporated a bit with the Fed’s most recent rate hike and data pointing to a tight labor market. Central banks are also becoming more nuanced in their fight against inflation. Consumers are still out there, the economy is still moving ahead, unemployment obviously still positive, but a recession could still be on the horizon. All this and more on Protect Your Assets this week. 

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It’s easier to plan for and control when taxes are paid than you might think. People are often surprised to discover that taxes are one of their biggest expenses in retirement. For many, the assumption is that once they retire and their paychecks stop coming, taxes would go down.  Reducing the taxes you pay in retirement means you likely will need to withdraw less money from your savings each year to cover expenses. As a result, your savings may last longer, leaving more money available to spend on things you enjoy. While most people understand this, many often fail to fully appreciate the control they could have over taxes. People who acquire large amounts of wealth often recognize that many strategies exist to control when taxes will be paid. More important is the realization that by timing when taxes are paid, opportunities arise to also control the amount of those taxes. With the planned sunsetting of the 2018 Tax Cuts and Job Acts and concern that tax rates might be rising in the future, now is an ideal time to understand the extent of your control over your taxes and how this might lead to a more confident and enjoyable lifestyle now—not to mention your retirement.  Plus, U.S. stock markets rose, but gains have evaporated a bit with the Fed’s most recent rate hike and data pointing to a tight labor market. Central banks are also becoming more nuanced in their fight against inflation. Consumers are still out there, the economy is still moving ahead, unemployment obviously still positive, but a recession could still be on the horizon. All this and more on Protect Your Assets this week.   

You can send your questions to [email protected] for a chance to be answered on air.    

Catch up on past episodes: http://pyaradio.com    

Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice   

Liberty Group website: https://libertygroupllc.com/   

Attend an event: www.pyaevents.com  

Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/  

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The market had a great week last week, and jobless claims near multi-decade lows. It’s unclear how much economic growth we will see and how the strong labor market will impact earnings. The buzz also continues to be around if we’ll have a hard or soft landing from the Fed. Particularly strong January performance has often been a signal of above-average gains for the year ahead. Going forward, The Sandman thinks recessionary pressures are going to continue, and we'll continue to see falling corporate earnings and layoffs, particularly in the tech sector, causing volatility in this first half of the year. Catch the rest of the weekly market report on this week’s episode. 

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Are you thinking of retiring this year? Now is the time to start planning—from what to do with cash sitting in your bank account to how to withdraw your Social Security benefits most effectively. Hear three retirement pitfalls to avoid. 

Plus, the market had a great week last week, and jobless claims near multi-decade lows. It’s unclear how much economic growth we will see and how the strong labor market will impact earnings. The buzz also continues to be around if we’ll have a hard or soft landing from the Fed. Particularly strong January performance has often been a signal of above-average gains for the year ahead. Going forward, The Sandman thinks recessionary pressures are going to continue, and we'll continue to see falling corporate earnings and layoffs, particularly in the tech sector, causing volatility in this first half of the year. Catch the rest of the weekly market report on this week’s episode. 

You can send your questions to [email protected] for a chance to be answered on air.  

Catch up on past episodes: http://pyaradio.com    

Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice   

Liberty Group website: https://libertygroupllc.com/   

Attend an event: www.pyaevents.com  

Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/  

See omnystudio.com/listener for privacy information.

Plus, recent earning results have been mixed, and the markets have been following earnings this last week for any signals about growth. Growth and inflation go hand in hand because that sets up stagflation—something we’re trying to avoid. Are we going to get a soft landing from the Fed? Will they continue to raise rates? There’s lots of opinions floating around about this. Hear The Sandman’s take this week.  

You can send your questions to [email protected] for a chance to be answered on air.    

Catch up on past episodes: http://pyaradio.com    

Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice   

Liberty Group website: https://libertygroupllc.com/   

Attend an event: www.pyaevents.com  

Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/  

See omnystudio.com/listener for privacy information.

If you own a business or are a member of company leadership, whether it be a string of gas stations or a Fortune 500 Company, 2023 may be a tough year for your bottom line. Hopefully, all sorts of negative business influences—like recession fears, stagflation, and labor challenges—are on your planning agenda. Here are some tips to help you address some of these issues and make smart business decisions to keep your business healthy this year.  Plus, recent earning results have been mixed, and the markets have been following earnings this last week for any signals about growth. Growth and inflation go hand in hand because that sets up stagflation—something we’re trying to avoid. Are we going to get a soft landing from the Fed? Will they continue to raise rates? There’s lots of opinions floating around about this. Hear The Sandman’s take this week.   

You can send your questions to [email protected] for a chance to be answered on air.    

Catch up on past episodes: http://pyaradio.com    

Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice   

Liberty Group website: https://libertygroupllc.com/   

Attend an event: www.pyaevents.com  

Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/  

See omnystudio.com/listener for privacy information.

The Secure Act 2.0 is now law. While there are dozens of provisions in the act, a few highlights include RMD age limit increases, timeframes for taking distributions from inherited IRAs, catch-up contributions for retirement accounts, and so much more. Also, The Sandman breaks down the eight types of people who might not want to do a Roth IRA conversion. 

Plus, the stock and bond markets were both up last week, a result of inflation dropping for the third straight month. The core Consumer Price Index, which includes food and energy, eased lower to 5.7%, but the Fed stated it wanted it around 2% to start cutting rates to stimulate the economy. How have markets historically performed when the Fed is about to pivot or to change direction? 

You can send your questions to [email protected] for a chance to be answered on air.  

Catch up on past episodes: http://pyaradio.com    Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice   Liberty Group website: https://libertygroupllc.com/   Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/?month=2022-11    

See omnystudio.com/listener for privacy information.

The stock and bond markets were both up last week, a result of inflation dropping for the third straight month. The core Consumer Price Index, which includes food and energy, eased lower to 5.7%, but the Fed stated it wanted it around 2% to start cutting rates to stimulate the economy. How have markets historically performed when the Fed is about to pivot or to change direction? 

See omnystudio.com/listener for privacy information.