As the market approaches a correction, what should you do? Advisor Perspectives covers the ways to protect your portfolio in the midst of a nerve-wracking drop. The CEO of DoubleLine Capital, Jeffrey Gundlach, says the economy is “poised to weaken”. He discusses the forces behind the recent downturn. A year after the passage of the Tax Cut and Jobs Act of 2017, it’s becoming clear who the winners and losers are. Thomas W. Abendroth provides the details for WealthManagement.com.

Market Correction: What Does It Mean? — When a stock index falls by more than 10%, it is often said to have entered “correction” territory. That’s a fairly neutral term for what feels like a nerve-wracking drop to many investors. What does a correction mean? What’s likely to happen after a correction, and what can you do to help your portfolio weather the downturn? Read more…

DoubleLine’s Gundlach Says Treasuries Point To Economy Ready To Weaken — Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the “economy is poised to weaken.” Read more…

Trump’s Tax Reform One Year Later: Winners and Losers — One year has passed since significant tax law changes were enacted in December 2017. The overall impact of the Tax Cut and Jobs Act of 2017 on estate and tax planning for individuals and their families is close to what was expected—it’s been a mixed bag for taxpayers. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.