Standard & Poor’s downgraded the U.K. by two notches to AA on Monday, the latest fallout from last week’s shocking U.K. referendum to leave the European Union. S&P warned that Brexit will “weaken the predictability, stability and effectiveness” of British policymaking. The ratings firm said Brexit may also lead to a “deterioration” of the British […]
Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil prices, as increased expectations that the Federal Reserve could raise interest rates in the near term rippled through financial markets. Investors were adjusting to the minutes of the Fed April meeting, released on Wednesday, in which the U.S. central bank […]
I hear people refer to the 4% rule for withdrawals in retirement, but I don’t know how you actually follow it. Do you just withdraw 4% of your nest egg’s value and increase that amount by inflation each year? What if the market drops and your nest egg’s value falls? I’m confused. –B. A., South […]
A Donald Trump presidency poses a top-10 risk event that could disrupt the world economy, lead to political chaos in the U.S. and heighten security risks for the United States, according to the Economist Intelligence Unit. Electing Trump could also start a trade war, hurt trade with Mexico and be a godsend to terrorist recruiters […]
WITH stockmarkets tumbling and the oil price below $30, some economists are once again worrying about global deflationary pressure. Low inflation can be toxic for economies when interest rates are also low (see a previous Explains). One warning light that is flashing red in America is market expectations of inflation, which have plummeted to lows […]
The Retirement Gamble raises troubling questions about how America’s financial institutions protect our retirement savings.
Peggy Francis won the $100 Gift Certificate from Knowles Systems drawing for the month of December. Congratulations Peggy and thank you for your outstanding Client Care Survey. We appreciate all our wonderful clients and look forward to our continued and growing relationships.
The DoubleLine CEO says that if the Fed raises rates next week, everything will change. CEO Jeffrey Gundlach says a hike in interest rates by the Federal Reserve is nearly certain next Wednesday, and that means crazy days are coming for investors, advisors, traders and others. “It’s a different world when the Fed is raising […]
Congratulations to this month’s winner of our Client Survey Drawing – Mary Ann P. of Colorado!! Check the mail for your prize – who will be next?