Investment

By selling stocks at a loss, those losses can now lower, and potentially offset the tax bill Wood’s funds could receive on future capital gains. 

Even if the investments declined in value last year, you might still be on the hook for capital gains.

For trillion-dollar investment groups Franklin Templeton, Invesco and JPMorgan Asset Management, the accelerating financial instability seen in Silicon Valley Bank, Credit Suisse Group AG and First Republic Bank are cues to speed up preparations.

On Monday, JPMorgan Chase Chief Executive Officer Jamie Dimon hatched a new plan to aid First Republic.

Advisors can address client concerns about a Fed-induced recession by examining expectations and accounting for worst-case scenarios.

Tighter credit and the rising cost of deposits are squeezing banks — and the wider economy.