Retirement Income “Shock Absorbers” 3 Reliable Strategies Used by Smart Investors You’re trying to stream your favorite show, but there’s the constant drumbeat of bad economic news. “A recession is coming.” “The markets dropped.” “Inflation is the highest it’s ever been.”… Read More
While the federal minimum wage will likely remain unchanged from $7.25, 27 states and D.C. planned stateminimum wage increases for 2023. On January 1, 23 increases went into effect that could drive wage growthhigher in January’s jobs report. Download Full-Size PDF: Click Here weekly_market_recap-01.30.2023pdf
While markets have been fairly resilient at the start of the year, recent economic data have pointed to further weakening in the economy. Overall and core retail sales (excluding autos, gas and food) fell sharply in December, and while poor weather conditions may be partly to blame, the data suggest consumers were much more reserved in their spending during the holiday season.… Read More
On December 23, 2022 the Federal government passed the Secure 2.0 Act, new legislation aimed at strengthening the retirement system and helping bolster Americans’ financial readiness for retirement. Some key features of the Secure 2.0 Act include increasing the age at which retirees must begin taking required minimum distributions (RMDs) from IRA and 401(k) accounts, and changes to the size of catch-up contributions for older workers with workplace plans.… Read More
Last year was an exceptional year, and not in a good way. There was no shortage of worries during the year from COVID-19, the Ukraine war, and the most central story of all: inflation and interest rates. In this edition of On the Mark, we identify the impact of inflation on markets and whether investors should expect more of the same or changes in 2023.… Read More
While the story last year was about inflation peaking, the 2023 narrative is shifting toward how quickly inflation cancool, and furthermore, how much cooling will be sufficient to get the Fed to pause its rate-hiking campaign. Download Full-Size PDF: Click Here weekly_market_recap-01-17-2023
January is Financial Wellness Month While we all intuitively know that simple, daily actions can have a big impact on our health, sometimes a few reminders can be helpful. For example, we know that we should: Drink more water; Eat more fruits and vegetables; Ensure we get enough sleep; Exercise regularly; and Take time to be still.… Read More
The U.S. labor market was a shining star in 2022 against a dim economic backdrop of tighter financial conditions and recession fears. Although real GDP normally outpaces payroll employment, due to rising labor productivity, payrolls grew more rapidly than real GDP growth in 2022, flipping the script on this dynamic.… Read More
New Year, New You? Many of us try for a fresh start around the New Year – and most of us don’t achieve it. In fact, it only takes a month or so for most of us to abandon that fresh start, even if we really want it.1 What if our slip-ups weren’t failures but, instead, just our first tries – or latest attempts – at a fresh start?… Read More
2022 was a difficult year for the public markets, as positive stock-bond correlations offered investors little to no protection against the macroeconomic backdrop of persistently high inflation, hawkish monetary policy and heightened geopolitical tensions Download Full-Size PDF: Click Here weekly_market_recap-01-02-2023