Wealthcare360 – Monthly Links

In case you missed it, it was a busy week for Brad on the local media circuit as he visited the Fox 9 Morning Show Wednesday to discuss his new book, More Than Money, and ended the day on the WCCO News Good Question segment answering the question of how much money is needed for a typical emergency fund.

 

The stock market rallied back this week to post its best week of gains in 2016, but the continued slow growth in the economy is generating a lot of debate surrounding the likelihood of the next recession.

 

Financial analysts have always equated a strong correlation between the stock market and the economy, but Market Watch’s Sue Chang says it’s time to ditch the stock market as the leading indicator of U.S. economic health.

 

Former Medtronic CEO, Bill George, wrote a piece in Fortune magazine this week wondering if the recent momentum generated by activist investors in 2014 and 2015 is starting to slow, as lower returns and an overall lack of trust is weighing on those providing funding for these activists.

 

Mid-February marks the official start to “tax season” and Money Magazine offers a list of tax tips and advice to pick the best tax preparer

 

With respect to tax season, a recent survey finds that 80 percent of Millennials report strong anxiety when it comes to filing taxes.  Part of this stress might also come from the dramatic increase in identity thefts and other e-mail schemes that are now commonplace as individuals file their returns.

 

Finally, the Federal Reserve January meeting notes were released this week with many viewing the notes as an indication the Fed is softening its initial stance on further increasing rates this March.

Mike Gieferkevin johnston