Stock Market Dips Into Bear Market Territory Motor Vehicle Supply Chain Recovers RSU's
b"In this episode of the Planned Solutions Incorporated Podcast, The S&P 500 entered bear market territory (defined as a 20% or greater decline from the previous high) in mid-June. The stock market is now very close to pricing in a recession which on average could be expected to lead to a 27% decline in stock prices. Therefore, even if the US economy were to go into a recession, the stock market may not have much further to fall. On the other hand, should the US economy avoid a recession the stock market may rally due to the current pessimistic outlook.\\n\\nAlso, The motor vehicle industry was hit hard by the COVID pandemic. First, production decreased due to the need for social distancing. Then, supply chain issues disrupted production causing the industry to operate below the pre-COVID levels for most of 2021. However, the motor vehicles and parts production index recovered to its preCOVID levels in April which may help to alleviate price increases. \\n\\nAnd, Restricted Stock Units (RSUs)are a valuable source of employee compensation in some industries. However, the taxation\\nof RSUs as well as the tax withholding rules can cause\\nsome large, unexpected tax bills. Therefore, employees who\\nreceive RSUs should engage in tax planning when the units vest\\nand become taxable to avoid owing a large amount at tax time\\nand possibly being subject to tax underpayment penalties.\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board- Please mark your calendars if you will be able to attend.\\nDate: Friday, September 9th, 2022\\nLocation: Rancho Murieta Country Club \\u2013 South Course\\n7000 Alameda Drive\\n ancho Murieta, CA 95683\\nTime: 12:30 pm shotgun start with a dinner to follow\\nAll profits go to cancer research and education. You can help by attending the tournament or\\ndonating. Not golfing? Bring friends and attend the dinner.\\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nwww.amazon.com/Financial-Planning\\u20261586894022&sr=8-1\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe 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.\\n\\nPlanned Solutions, Inc.\\n\\nADDRESS: PHONE:\\n1130 Iron Point Road, Suite 170 (916) 361-0100\\nFolsom, CA 95630 (800) 750-2111\\n\\nE-MAIL: FAX:\\nShannon@PlannedSolutions.com (916) 361-0191\\n\\nWEB SITE:\\nwww.PlannedSolutions.com"