The Markets The world’s stock markets took it on the chin last week. A one-two punch was delivered with the Federal Open Market Committee (FOMC) meeting leading and concerns Britain will leave the European Union following. On Wednesday, the Federal Reserve confirmed what many had suspected. There would ...
June 20, 2016Planmark Administrator
The Markets The British may be leaving. The British may be leaving. Last week, the interest rate on 10-year U.S. Treasuries dropped to levels last seen in 2013. Why, you may ask, would bond yields move lower when Federal Reserve policy is to push interest rates higher? ...
June 14, 2016Planmark Administrator
The Markets Statistics means never having to say your certain, and that was certainly true last week. The employment report, which was released on Friday, was a bit short on jobs. Analysts had predicted employers would add about 162,000 new jobs during May, according to CNBC. Instead, a ...
June 7, 2016Fredrick Livingston
The Pension consultants at Planmark regularly receive calls on a broad array of technical topics related to qualified retirement plans. A recent call with a plan sponsor in Gainesville is a commonly asked question about DOL investigation guidelines. The plan sponsor asked: “Does the DOL auditors have specific guidelines to follow ...
June 2, 2016Fredrick Livingston
The Pension consultants at Planmark regularly receive calls on a broad array of technical topics related to qualified retirement plans. A recent call with a CPA in Carrollton about compliance questions on FORM 5500. The CPA asked: “What are the new compliance questions the IRS is asking on Form 5500 and ...
May 26, 2016Fredrick Livingston
The Markets A mobile trivia game maker recently assessed the playing habits of Americans and identified the most popular topics by state. As it turns out, Alabamians like college football questions, Alaskans like queries about U.S. states, Rhode Island natives prefer inquiries about the human body, ...
May 23, 2016Fredrick Livingston
The Markets When is a door not a door? The answer, of course, is: When it’s ajar. Investors and analysts were trying to find the answer to a different riddle last week: When are strong retail sales not strong retail sales? The answer is: When the retailers are department ...
May 17, 2016Fredrick Livingston
The Markets Reading economic signals can be tricky. For example, do signs that economic growth is slowing – like last week’s employment report, which was anemic relative to consensus forecasts, and first quarter’s gross domestic product (GDP) growth – mean the economy is headed for trouble? Or, ...
May 9, 2016Fredrick Livingston
The Markets “Which would you prefer to be: a medieval monarch or a modern office-worker?” If you immediately answered medieval monarch, take a moment to ponder life without “…modern dentistry, antibiotics, air travel, smartphones, and YouTube.” Last week, The Economist used this example to illustrate the challenges of ...
May 2, 2016Fredrick Livingston
The Markets U.S. stock markets finished last week in heady territory. The Dow Jones Industrial Average closed at 18,003. Its all-time closing high is 18,312. The Standard & Poor’s 500 Index was less than 1 percent below its intraday trading record, which was set last year. Despite strong ...
April 25, 2016Fredrick Livingston