The time is right to focus on an emerging trend that directly impacts participants. The last few months, we wrote about cybersecurity, litigation, and more litigation. Those issues certainly impact participants – particularly those benefiting from proactive fiduciaries –
Fears that growth has peaked weighed heavily on global equity indices for the second week of the month. Japanese equities were the lone bright spot, with the Nikkei up +4.30% for the week.
Domestic equities posted another week of gains but lost some momentum after a disappointing payroll release. European equities faltered on political news out of Germany, while Japanese equities rallied around their own political news.
Quick Takes ● Steady ascent. Despite higher COVID cases, rising geopolitical risks, mounting inflation fears, the looming Fed tapering, and waning economic growth, stocks continued their steady ascent with the S&P 500 closing August just below its all-time high. ●...
The S&P and Nasdaq rose to record levels after Fed Chairman Powell’s comments post Jackson Hole Symposium. Small Cap equities were the biggest winner for the week, gaining +5.05% as investors went risk on.
There is a current euphoria taking place in the public markets, but if you look forward it seems as though we are borrowing from future returns.
As back-to-school season rapidly approaches, educators may be too busy preparing for the upcoming year to think about their retirement savings. But for educators and employees in other non-profit sectors, you might have access to a great retirement savings vehicle that you may not know about — the 403(b) plan.
Markets threw a mini tantrum this week as speculation over tapering to the Fed’s asset purchase programs abounded. All major US and International indices finished the week in the red, Emerging Market equities took the brunt of the sell-off.
U.S. Consumer Sentiment fell to its lowest level in 11 years, dragging the NASDAQ and Russell into a negative week. The S&P and Foreign equities were able to post a positive week.
As your kids prepare to head #BacktoSchool, it’s a great time to add an education about good money habits to the curriculum! Navigating a new financial wellness journey can boil down to a rather simple five-step process: