Seven Things You Should Know 10/9/2009

Seven Things You Should Know
October 9th 2009

1. The last time the IRS raised its top marginal tax bracket paid by individual taxpayers was in 1993. The top marginal tax bracket of 31% from 1992 was raised to 39.6% in 1993. The top bracket has been 35% since 2003 (source: IRS).

2. The S&P 500 was up 15.6% over the last quarter (July, August, and September). There has been only one 3 month period in the last 10 ½ years that produced a larger total return performance than this most recent quarter (source: BTN Research)

3. The MSCI Emerging Markets Index has climbed 62 percent this year on expectations that developing nations will lead a rebound in the global economy from its worst recession since World War II. Emerging-market economies may grow 6 percent next year, compared with 1.8 percent growth in advanced nations. (source: HSBC Holdings Plc.)

4. The Australian central bank became the first of the G-20 nations to raise interest rates this past week. As the credit crunch shows signs of easing and the threat of inflation begins to show itself, other nations are expected to follow suit, including South Korea and Israel. (source: WSJ)

5. According to Fidelity Investments, 44% of the millionaires in its survey (Millionaires Outlook: Crisis and Opportunity) see stocks as the best investment/ asset class over the next five years, followed by mutual funds (19%) and Real Estate (13%). (source: Fidelity Investments)

6. On the earnings front next week, we’ll hear from Intel, JNJ, JPMorgan, Citigroup, Goldman Sachs, Harley-Davidson, Halliburton and Bank of America.

7. The economic calendar for next week includes the Fed Minutes from September’s FOMC meeting (10/14) and September Retail Sales (10/14).

Have a great weekend!

Tags:

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. fmovies.style commented on Sep 16

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  2. Harold Jahn Edmonton commented on Nov 04

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  3. tangerine business account sign-in commented on Nov 09

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  4. Dermal Fillers for Sale commented on Nov 20

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  5. fake watches commented on Dec 15

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  6. 먹튀검증 commented on Dec 27

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  7. cbd for anxiety commented on Jan 02

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]

  8. human hair wigs commented on Jan 24

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2009/10/09/seven-things-you-should-know-1092009/ […]