1) Q1 GDP Revision Moves Markets Stocks in the S&P 500 fell this week, while bond prices rose. Friday saw the release of a downward revision in Q1 GDP that showed the economy actually contracted 0.7% in the quarter, a big reversal from the 2% growth originally reported. That data caused stocks to slide, and bonds to rise. In China, stocks fell over the past couple of trading sessions, but does that mean there is reason to worry? Find out all of the details in today’s leadoff segment. 2) ETF Strategies: Fixed-Income and Rate Hike Worries Ask any fixed income investor what he/she is most worried about, and they’ll tell you the same thing—rising interest rates. While conceptually this makes sense, in reality there is very little chance that interest rates are heading appreciably higher anytime soon. 3) Kicking Around Tax Ideas
The CPAs are all back from vacation, and that means it’s time for you to contact your tax pro to discuss some of the strategies you can employ to optimize yo
