Archive for June 2026
Mid-Year Commentary
INVESTMENT COMMITTEE COMMENTARY June 2026 After strong U.S. stock market returns and record highs in April and May due to Iran War de-escalation, strong corporate earnings, and resilient consumer spending, June stock performance was more mixed. The S&P 500 fell 1% in June. In contrast, U.S. mid-cap stocks gained 3.1% for the month. Foreign developed…
Read MoreGifting and the Corresponding Taxes
One of the more confusing areas for clients wishing to share financial gifts with their children and grandchildren is taxes. When it comes to gifts, there are two relevant tax systems: gift taxes and income taxes. While most gifts are not taxable to the recipient, gifts of appreciated assets do come with embedded gains that would trigger…
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