An Eventful Week In Wealth Management
Published Friday, December 1, 2017 at: 7:00 AM EST
A confluence of events collided on Friday, capping one of the most eventful weeks in years for news affecting your wealth.
The most sweeping revision to the U.S. Tax Code in three decades lurched toward passage, requiring urgent attention to tax opportunities open only until December 31. 2017. Meanwhile, a dark new cloud gathered over Washington D.C. following a guilty plea by the former head of the National Security Agency, Michael T. Flynn for lying to the FBI about his contacts with Russia. Though the stock market dropped nearly 1% briefly on Friday, the Standard & Poor's 500 index closed the week just a fraction off its all-time high reached on Thursday, as just-released data showed the economy was stronger in November than it has been in many years.
- The Bad And Good Financial News This Week
- Stocks Set New High Closing Price Amid Turbulence
- Stocks Gained +16% in 2020; Wall Street Expects +7.6% In 2021
- Holiday-Shortened Week Ends With Stocks Little Changed, Despite D.C. Drama
- The Financial Economic Situation Now
- Bull Market Has Broadened
- Why Did Stocks Close At A Record-High After Disappointing Jobs Report?
- Americans Sit On A Mountain Of Cash Amid Pandemic
- For High-Income Earners And Families, Failing To Plan Is A High-Stakes Gamble
- Stocks Break Record, But Smart Money Is Focused On Taxes
- Wall Street Reacts To D.C With A 7% Weekly Gain
- On Election Eve, Here's The Economic Outlook
- Sizing Up Economic Prospects
- Two Good Economic Surprises
- October Surprise May Be The Economy