The Markets Attacks on Paris by the Islamic State were an appalling exclamation point at the end of a difficult week for stock markets. World stock markets tumbled as investors braced for a possible rate hike by the Federal Reserve in December. Many national indices across the United ...
November 16, 2015Fredrick Livingston
The Markets And, the Bureau of Labor Statistics (BLS) said… U.S. job growth surpassed expectations in October. About 271,000 jobs were created across diverse industries: professional and business services, health care, retail, construction, and others. That was a significantly higher number than predicted by economists who participated in ...
November 9, 2015Fredrick Livingston
A recent call with a plan trustee in Georgia is representative of a common question related the Fidelity Bonds for retirement plans. The Trustee asked: “Why do I have to have a Fidelity Bond for our 401(k) Plan?” The short answer is, “Because the law requires it!” ERISA (Employee Retirement Income Security ...
November 4, 2015Fredrick Livingston
The Markets Keep your eyes on the data. There was much to be said for U.S. stock markets’ performance during October. Both the Dow Jones Industrial Average and the Standard & Poor’s 500 Index delivered their best monthly performance in four years, according to Barron’s. Any celebration of strong ...
November 2, 2015Fredrick Livingston
The Markets Central banks were at it again – and markets loved it. Last week, European Central Bank (ECB) President Mario Draghi surprised markets when he indicated the ECB’s governing council was considering cutting interest rates and engaging in another round of quantitative easing. The Economist explained European ...
October 26, 2015Fredrick Livingston
The pension consultants on the Planmark Resource Desk regularly receive calls from retirement plan participants on a broad array of technical topics related to IRAs and qualified retirement plans. A recent call with a participant in Georgia is representative of a common question related to 401(k) loans. The participant asked: "I have ...
October 21, 2015Fredrick Livingston
The Markets How quickly emotions have changed since August. Worry? Angst? It’s already priced into the markets, according to some experts. Last week, Barron’s published the results of its Big Money Poll, a biannual survey of professional investors and money managers. A majority of those surveyed (55 percent) ...
October 19, 2015Fredrick Livingston
The Markets They’re investors. They’re allowed to change their minds. Just a few weeks ago, on September 17, the Federal Reserve Open Market Committee (FOMC) decided to leave the fed funds rate unchanged. In part, this was because, “Recent global economic and financial developments may restrain economic ...
October 12, 2015Fredrick Livingston
The Markets Well, third quarter was a humdinger. It began with the first International Monetary Fund (IMF) default by a developed country (Greece) and finished with Hurricane Joaquin possibly headed toward the east coast. In between, China’s stock market tumbled, the Federal Reserve tried to interpret conflicting ...
October 5, 2015Fredrick Livingston
The Markets Oh, the uncertainty! Investors are keeping one eye on the Federal Reserve and the other on politicians trying to determine what may happen during the last quarter of the year. The Fed, which is the central bank of the United States, is responsible for conducting monetary ...
September 29, 2015Fredrick Livingston