Market Brief | August 15, 2022

Andrew Samalin talks about recent financial news and provides his perspective on the much-debated question about whether we are in a recession.

Now Might Be a Good time for a Roth Conversion

One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a substantial tax bill. However, if assets in your traditional IRA have [...]

Market Monthly: June 2022

For the first time since 2015, each of the benchmark indexes lost value for two consecutive quarters. They also posted losses for June, marking three consecutive down months for the tech-heavy Nasdaq, its longest losing streak since 2015. Investors watched for signs of an economic deceleration in the U.S., with inflation continuing to run at [...]

Tech Sector Turmoil and the Bear Market

During the intensely volatile first 100 trading days of 2022, the stocks of companies in the S&P 500 index delivered their worst performance since 1970.1 The S&P 500 continued to tumble, and the benchmark index descended into a bear market — typically defined as a sustained drop in stock prices of at least 20% — [...]

Market Brief | June 15, 2022

Andrew Samalin reacts to today’s announcement from the Federal Reserve in our Wednesday, June 15 Market Brief.