Business/Economic News

White House Proposes Changes to Retirement Plans

White House Proposes Changes to Retirement Plans A look at some of the ideas contained in the 2017 federal budget.  Will workplace retirement plans be altered in the near future? The White House will propose some changes to these plans in the 2017 federal budget, with the goal of making such programs more accessible. Here are some of the envisioned changes. Pooled employer-sponsored retirement programs. This concept could save small businesses money. Current laws permit multi-employer retirement plans, but the [...]

By |2017-03-28T08:17:17-04:00January 28th, 2016|Business/Economic News, IRA, IRA Rollover, Retirement|Comments Off on White House Proposes Changes to Retirement Plans

Why You Should Stay in Stocks in 2016

Why You Should Stay in Stocks in 2016 One bad trading day is not the year.   The stock market has wavered recently. A lackluster year just ended, and this year has started inauspiciously. You may be wondering ... should you really be invested in stocks right now?  Yes, you should be. In moments like these, investors should not panic and overreact to the headlines. Instead, they should take the long view of stock market investing. Impulsive selling now can lead an [...]

By |2017-03-28T08:17:17-04:00January 14th, 2016|Business/Economic News, Investing, Personal Finance, Stock Market|Comments Off on Why You Should Stay in Stocks in 2016

Holiday Wrap-Up – 2015

A look back at 2015 thus far The year in brief.While the S&P 500 surprised to the upside in 2014 versus the projections of many analysts, it has performed below expectations so far in 2015. As this year began, not many Wall Street pros thought the index would tread water. The consensus forecast among 13 top analysts (their opinions compiled by Business Insider) called for the end to benchmark this year at 2,213.At Thanksgiving, the S&P was hovering near 2,100. [...]

By |2017-03-28T08:17:17-04:00December 17th, 2015|Bond Market, Business/Economic News, Investing, Stock Market|Comments Off on Holiday Wrap-Up – 2015

How Could a Fed Rate Hike Affect Retirees?

How Could a Fed Rate Hike Affect Retirees? As the central bank starts tightening, some positives & negatives may emerge.     Economists widely expect the Federal Reserve to raise interest rates this month. Additional incremental rate hikes may follow in 2016. If you are retired (or soon will be), you will want to consider what gradually higher interest rates could mean for you financially.  Some of the effects are already being felt. Glancing at Freddie Mac’s weekly surveys, average interest [...]

By |2017-03-28T08:17:17-04:00December 3rd, 2015|Business/Economic News, Interest Rates, Investing|Comments Off on How Could a Fed Rate Hike Affect Retirees?

Terrorism & the Financial Markets

Terrorism & the Financial Markets Wall Street has the potential to recover quickly from geopolitical shocks.  The worst terrorist attack in Europe since 2004 has rattled governments and investors. The French government has closed the nation’s borders and placed thousands of soldiers on the streets of the country’s major cities.1 As an anxious world watches the response of France (and perhaps other nations) to the ISIS attacks, there is also concern about European and global financial markets. Wall Street, which [...]

By |2017-03-28T08:17:17-04:00November 16th, 2015|Business/Economic News, International, Stock Market|Comments Off on Terrorism & the Financial Markets
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