Topics from this quarters’ Market Update with Jason and Dan included:

• Required Minimum Distribution (RMD) wealth planning and tax update

• Discussion of financial markets. From Q4 stock performance to early rotation into small caps and international stocks

• Dan Powers reviewed Modern Monetary Theory and portfolio implications

The Coronavirus Aid, Relief, and Economic Security Act (CARES ACT) of 2020, enabled any taxpayer with a Required Minimum Distribution (RMD) due from a qualified retirement plan in 2020, a one-time exemption from taking that distribution.

Join portfolio managers Jason Ranallo and Dan Powers as they discuss recent market movements and trends impacting the economy. Topics: RMD, market recap, MMT, bonds, yield curves, crypto, stimulus, and more.

Good news! You can look forward to somewhat smaller required minimum distributions (RMDs) from your IRA and company retirement savings plan beginning in 2022.

Studying the US Treasury's Yield Curve can provide some insights into what's going on in the stock market and the economy. Interest rates are important to note but so is the shape of the yield curve.

“Sometimes you will never know the value of a moment until it becomes a memory.” – Dr. Seuss

Our theme this week is 2020 is in hindsight. Jason has four numbers to discuss: 2, 11, 34, and 74. You can keep both eyes open for this last 20/20 update. Happy New Year!