New Records and Changes

New Records and Changes

Last week brought new tariffs and data, and another look at changes coming to equity classifications. Overall, the S&P 500 gained 0.85% and the Dow was up 2.25%, while the NASDAQ dropped 0.29%. International stocks in the MSCI EAFE had sizable growth, posting a 2.89% increase

New Records and Changes

Proposals to Change Social Security and Medicare

Print ArticleThe total cost of Social Security will exceed its income resources this year for the first time since 1982.1 For now, trustees expect current taxes, interest income on reserves and trust fund asset reserves to provide the funding necessary for both Social...
New Records and Changes

Stocks Up as Milestone Passes

Last week, the East Coast prepared for Hurricane Florence, which roared through the Carolinas and Georgia. As investors kept their eyes on the weather and its potential for destruction, estimates emerged of up to $27 billion in hurricane damage. This potential for damage contributed to insurance companies in the S&P 500 declining last week. While the hurricane likely won’t have a large effect on our economy, its destruction could influence data for months to come.

New Records and Changes

Legacy Issues

Print ArticleLegacy Issues Sixty-three percent of surveyed affluent adult children between the ages of 18 and 22 say they’ll need to rely on their inheritance for financial security during retirement. Before the inevitable groan about the entitlement of youth, bear in...
New Records and Changes

Legacy Issues

Sixty-three percent of surveyed affluent adult children between the ages of 18 and 22 say they’ll need to rely on their inheritance for financial security during retirement.

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