Here's our latest roundup of interesting articles from around the web.
Tech leads stocks to records after bear market scare (Axios). There's been a +20% rally since early April.
The state of the markets (June 2025) (Bilello Blog, Charlie Bilello). Mr. Bilello is a fountain of interesting charts and tables.
New Trump 'Big Bill' incentive could help donors avoid capital gains tax (Kiplinger). Nothing is final until legislation is signed into law, but as of now, the bill includes a dollar-for-dollar federal tax credit for donations to private-school voucher programs.
Trump bill would raise estate tax exemption to $15 million and make it permanent (Wall Street Journal). Stay tuned.
Why is Congress abandoning one of the best health insurance reforms in a generation? (National Review via archive/today). The Senate has dropped the House's expansion of Health Savings Accounts from its version of the tax bill.
Bond investors stay cool despite heated debate over government borrowing (Wall Street Journal). How the nuances of the U.S. fiscal situation are driving swings in bond yields
Social Security's Trustees report is scary. But don't rush to take benefits early (Economics Matters, Larry Kotlikoff via Substack). Kotlikoff is one of the nation's top experts on Social Security, so his analysis is worth considering. (Heads up: This article includes a strong push to buy his SS-planning software.)
How likely are you to have an extended long-term care need? (Christine Benz, Morningstar). "What's tricky from a planning perspective is that you can't tell in advance whether you'll be someone who needs care of [longer] duration...or any care at all."
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