Boosted by favorable economic news, including the October employment report and better-than-expected corporate earnings reports, the S&P 500 Index has once again reached historic highs.
It’s an impressive performance when one considers the stream of headlines that might have suggested otherwise. Trade wars, impeachment drama, recession fears, and ongoing geopolitical turmoil in Hong Kong, the Gaza Strip, and Chile (to name just a few) are some of the headwinds that immediately come to mind.
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Information provided by AAFMAA Wealth Management & Trust LLC is not intended to be tax or legal advice. Nothing contained in this communication should be interpreted as such. We encourage you to seek guidance from your tax or legal advisor. Past performance does not guarantee future results.