The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the 2010 decline by region (click to enlarge), showing how uneven the fall was this year – four regional areas were actually up:
The 2024 US presidential election will likely have a significant impact on markets, with the potential for policy changes and increased political volatility. The current macroeconomic backdrop favors President Joe Biden more than what political polls suggest, with most macroeconomic indicators pointing towards an improving economy.
Here are six year-end tax tips that may help minimize your tax bill.
Stocks bounced at the start of the week ahead of the release of the twin inflation reports.
