As we have information to share regarding our team and the markets, in addition to news and updates from Wells Fargo Advisors and the Investment Institute, we will gather those materials here for you to review.
The Commodity Wars
Russia’s invasion of Ukraine has roiled capital markets, in our view, because the large size of commodity production in this region, with its focus on food and energy production, may aggravate inflation that was already rising to levels that posed global economic risk.
As Russia and NATO punitive economic measures against each other reduce supplies of energy, grain and fertilizer, we expect that other countries can fill the global supply gaps only partially.
What it may mean for investors
The direct energy impact is likely to fall mostly on Europe, because of its proximity to Russian supply lines. The food impact will be felt globally, in our view, and could become particularly troublesome for select emerging countries.
Overall, the current commodity wars, we believe, will lead to higher and more persistent inflation around the world, including in the U.S. However, we think a U.S. recession is unlikely because low trade columns with Russia should leave the U.S. in a comparatively stronger economic position. We reiterate our preference for U.S. equities, especially U.S. Large-Caps and Mid-Caps.
To view the timely analysis of this issue please click on this link.
The views expressed by Wells Fargo Investment Institute are their own and do not necessarily reflect the opinion of Well Fargo Advisors or its affiliates. CAR-0322-03488
Tax Time Tips and Reminders
Forgetting about tax deductions or credits can be costly. It’s important to tell your tax preparer about your expenses, gifts and retirement plan contributions to help lessen your tax bill. Even if you prepare your own tax return, begin gathering this information now.
Click below link for a list of useful items that can easily slip your mind.
Note: The IRS forms and publications noted in list can be found at irs.gov. Be sure to review the 2021 version of these documents.
Wells Fargo Advisors is not a legal or tax advisor. This information is made available with the understanding that Wells Fargo Advisors and its affiliates are not engaged in rendering legal, accounting or tax advice.
Outlook 2022 - Which Way to the Recovery
Help to navigate markets at a crossroads
Many investors believe the markets are at a crossroads. One direction holds further equity gains, while the other leads to an unraveling of the risk-taking environment that has existed since the economy reopened in 2020. Which road will the markets follow?
Wells Fargo Investment Institute believes that the recovery remains on track to continue into 2022, although possibly at a more moderate pace than in 2021. To learn more about what may be down the road for equities, fixed income, and real assets, read the Wells Fargo Investment Institute's 2022 Outlook report.
Please call if you have questions or would like to discuss further.
Wells Fargo Investment Institute Inc. is a registered investment adviser and subsidiary of Wells Fargo Bank, N.A., B bank affiliate of Wells Fargo & Company.
Use Wells Fargo Account Aggregator for a more holistic view of your financial picture.
Your Holistic Financial Picture in One Place
Sometimes a picture is worth a thousand words. The same could be said for seeing your complete financial picture. With Wells Fargo Account Aggregator, you're able to see both your Wells Fargo and non-Wells Fargo accounts on one easy-to-use platform.
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Visit the link below to learn more about this useful feature included with your online access.
Whether your children or grandchildren are toddlers or teenagers, it’s only a matter of a time before they leave the family home, probably as they head off to college. The cost of sending just one child to college for four years can be staggering, and tuition and fee hikes regularly outpace inflation. Rather than sending your children or grandchildren into the world with the burden of student-loan debt, you can save to help cover at least a portion, if not all, of their higher-education expenses.
Fortunately, those who intend to cover or contribute to their children’s education costs have more choices today than they’ve ever had. If you’ve not yet looked into an education savings plan, we can help you choose among a variety of savings vehicles, including 529 plans, Education Savings Accounts (ESAs), and custodial accounts.
Please click on the link below to read the full article of options.
There are a lot of options for how and when to take Social Security benefits and understanding all your options can be complicated. The decision you make could be worth thousands of dollars over time.
That’s why we are offering the “Guide to Starting Social Security” report link below. This guide will walk you through answers to three critical questions that will help you better understand which Social Security claiming strategy is right for you.
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