nflationary dynamics continue to surprise to the upside, and markets now expect the Fed to pursue one of its most aggressive rate hiking campaign in years. U.S. Treasury yields continue to move higher as well. We think we’ve seen the biggest moves higher in yields, but as long as inflationary pressures continue to surprise to … How Much Higher Can Rates Go?
“PAINFUL” RISE IN UNEMPLOYMENT?Members of the Federal Open Market Committee (FOMC) recently issued warnings that thepath to lower inflation will be painful. The crux of that view is based on the arcane, clunkyPhillips Curve, which illustrates the relationship between inflation and unemployment. Likemany concepts in global markets, the Phillips Curve went through many iterations and … Getting Jobs Market Back Into Balance
THE NUMBERS We anticipated more modest upside to estimates in the second quarter and that’s what we got.Some of the key numbers include:• Estimates for S&P 500 earnings per share (EPS) growth coming into reporting seasonwere around 4.1%. That number looks like it will end up at around 6.2%, according toFactSet estimates [Figure 1].• Revenue … EARNINGS RECAP: STILL HANGING IN THERE
Saving for retirement is important for all ages, the key is to start early Land a great new job? Awesome. Now is the perfect time to think about your 401(k) and retirement plan, whether you had one before or not. Saving for retirement is important at all ages, so don’t let this opportunity fall to … New Job and Four Tips for Your New 401(k)
You may already be aware of the importance of having enough life insurance coverage to handle financial matters that could affect your family in the event of your death. However, determining the appropriate amount of coverage for your family can be complicated. Rather than using an arbitrary formula, such as having enough coverage to equal … Life Insurance: How Much Is Enough?
Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more responsibility and your family grows. Then, as your responsibilities once again begin to diminish, your need for life insurance may decrease. Let’s look at how your … Life Insurance at Various Life Stages
A recent survey by Caring.com found that a whopping two in three American adults do not have an estate plan1—an alarming statistic, considering that an estate plan can protect your assets and ensure that they go to the right people. If you have not begun to prepare an estate plan, or if your estate planning efforts … An Essential Guide to Estate Planning Preparedness
You may have lost your job already, or it’s something you’re concerned about. Either way, the keys to surviving a job loss financially are to plan ahead, take stock of your income, and cut your expenses. Plan ahead If you haven’t been laid off, it’s a good idea to plan ahead for that possibility. It’s … Financial Survival After a Job Loss