In this episode of the Planned Solutions Incorporated Podcast, The S&P 500 entered bear market territory (defined as a 20% or greater decline from the previous high) in mid-June. The stock market is now very close to pricing in a recession which on average could be expected to lead to a 27% decline in stock prices. Therefore, even if the US economy were to go into a recession, the stock market may not have much further to fall. On the other hand, should the US economy avoid a recession the stock market may rally due to the current pessimistic outlook.Also, The motor vehicle industry was hit hard by the COVID pandemic. First, production decreased due to the need for social distancing. Then, supply chain issues disrupted production causing the industry to operate below the pre-COVID levels for most of 2021. However, the motor vehicles and parts production index recovered to its preCOVID levels in April which may help to alleviate price increases. And, Restricted Stock Units (RSUs)are a valuable source of employee compensation in some industries. However, the taxationof RSUs as well as the tax withholding rules can causesome large, unexpected tax bills. Therefore, employees whoreceive RSUs should engage in tax planning when the units vestand become taxable to avoid owing a large amount at tax timeand possibly being subject to tax underpayment penalties.Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Please mark your calendars if you will be able to attend.Date: Friday, September 9th, 2022Location: Rancho Murieta Country Club – South Course7000 Alameda Drive ancho Murieta, CA 95683Time: All profits go to cancer research and education. You can help by attending the tournament ordonating. Not golfing? Bring friends and attend the dinner.Chase Armer's book- Financial Planning Insights is now available at:www.amazon.com/Financial-Planning…1586894022&sr=8-1To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.Planned Solutions, Inc.ADDRESS: PHONE:1130 Iron Point Road, Suite 170 (916) 361-0100Folsom, CA 95630 (800) 750-2111E-MAIL: FAX:[email protected] (916) 361-0191WEB SITE:www.PlannedSolutions.com