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In this episode of the Planned Solutions Incorporated Podcast, Positive news about the development of a Coronavirus vaccine has caused the stock market to rally to new highs in November. Within this trend, there are signs that the leadership of the market may be shifting. After months of US large growth companies outperforming international, small and mid-sized companies, value stocks have outperformed in November. This may be a sign that more economically sensitive companies are taking over market leadership. Also, The Federal Reserve Recession Indicator now predicts just an 18% probability of the US economy being in recession within a year. This is the lowest level since November 2019 and much lower than the high of 45% in August 2020. This is yet another sign that the US economy is healing as many indicators are already returning to prerecession levels. And, Due to the low inflation rate in 2020 the contribution limits for many employer-sponsored retirement plans, such as 401k/403b/457 will not change for 2021. This will keep the limits at $19,500 plus an additional $6,500 catch-up contribution limit for participants over age 50. The deferral limits for many self-employed plans as well as profit sharing and pension plans will increase slightly in 2021. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Chase and Daryl recently presented a Finance 102 workshop to new Pharmacists entering the workforce. This was their second presentation that covered more in-depth topics including retirement plan types, savings strategies, and budgeting. The young professionals gained valuable insights on how to build a strong financial foundation to plan for their futures. You may have received, or will soon receive, a Client Suitability Form to complete and return to our office. The information on this form will help us make sure our investment recommendations are in-line with your financial goals, objectives, and liquidity needs. We kindly ask that you take a moment to review, make any necessary changes, and return the form to us at your earliest convenience. Chase Armer's book- Financial Planning Insights is now available at: https://store.bookbaby.com/book/financial-planning-insights https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279/ref=sr_1_1?dchild=1&keywords=chase+armer&qid=1586894022&sr=8-1 To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc. ADDRESS: PHONE: 1130 Iron Point Road, Suite 170 (916) 361-0100 Folsom, CA 95630 (800) 750-2111 E-MAIL: FAX: Shannon@PlannedSolutions.com (916) 361-0191 WEB SITE: www.PlannedSolutions.com #finance #invest #investment #stocks #inflation #deflation #bonds