Money Talks – March 24, 2018

This week on “Money Talks,” Bil Lako, CFP®, and Troy Harmon, CFA, CVA, are joined by Managing Associate, Shawna Theriault, CPA, CFP®, CDFA®, to discuss the week’s market moves, the Federal Open Market Committee’s two-day meeting on monetary policy, and housing news including mortgage applications, existing home sales and new home sales. Shawna and Bil continue the housing discussion when they address recently released guidance from the IRS regarding the deductibility of home equity loan interest in context of the Tax Cuts and Jobs Act. The experts also answer listeners’ questions on SP Plus Corp, Modine Manufacturing Co., and the medical exam requirements for a life insurance policy. They also discuss one listener’s bond holdings that were moved into an equity income portfolio when rates were extremely low.