Money Talks - May 30 2020

Published: June 1, 2020, 7:01 p.m.

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Principal Jennifer J. Thomas, CFP®, and Managing Associate Shawna Theriault, CPA, CFP®, CDFA®, to cover the week’s market action, as well as the surprise increase in new home sales, the fed funds rate, and a decline in the first quarter GDP. Jennifer and Shawna tackle a listener’s concern about passing a tax burden to his children with an inherited IRA. The experts also answer listeners’ questions on the theoretical outcome of a selective default by the Treasury, large-cap pharmaceutical companies, and tax-deductible charitable contributions.