• Yahoo Finance Video

    Are market pullbacks part of 'the script you'd expect'?

    Stocks (^DJI, ^IXIC, ^GSPC) have pulled back in the last several trading sessions, already posting two consecutive losing weeks in 2024's first quarter. Is the market on track for where it should be or is it still playing catch-up from prior years? Ned Davis Research (NDR) Chief Global Investment Strategist Tim Hayes weighs in on the market's trajectory amid inflation and interest rate pressures. "If you have a rally like we've had, it creates a lot of optimism and creates a lot of complacency and it leaves the market vulnerable... you never know what the trigger is going to be. In this case, it was the timing of the [interest[ rate cut by the Fed [Federal Reserve], which has sort of been the trigger," Hayes tells Yahoo Finance. "But what it's done, though, is it's... improved the sentiment, so kind of relieved the optimism. In that sense, it's been a healthy correction..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.

  • Yahoo Finance Video

    Roth conversions may lower your lifetime tax bill. Here's how.

    Millions of Americans have already received tax refunds this year, leaving many tax filers wondering how they should spend or invest the sudden windfall. Strategic Wealth Capital Founder & Managing Partner Adrianne Yamaki joins Wealth! to discuss how Americans can invest the funds. Yamaki encourages her clients to use the extra cash on Roth conversions, a way of prepaying some of the income tax you will owe on retirement distributions while taxes are lower. The immediacy of such a tax bill can be daunting, Yamaki says, but savers will pay a lot more in tax when they eventually remove their funds from an IRA. With "taxes on sale" for another year and a half, prepaying now locks in a lower rate, Yamaki adds. For additional tax savings, Yamaki encourages filers with 1099 income to write off home costs, even if they are currently renting. There is a standard home deduction, but a larger space can be calculated as a percentage of one's home, Yamaki explains. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This article was written by Gabriel Roy.

  • Evening Standard

    Inside Oma and Agora, the two new Borough Market restaurants by Manteca’s David Carter

    Joanna Taylor catches up with the restaurateur about his Greek odyssey