- Eyes Forward: Opportunities and Obstacles
Wells Fargo Investment Institute releases its 2019 mid-year outlook, suggests the S&P 500 will close around 2,850 at the end of 2019
Wells Fargo Investment Institute (WFII) today released its “2019 Midyear Outlook Eyes Forward: Opportunities and Challenges.” The report makes the case that the current 10-year economic expansion is not over and that all avenues for investors to consider will require careful assessment.
read more - In Search Of Yield, U.S. Insurers Boost Investments in CLOs
Though industry levels are low, lower-rated CLO holdings could contribute more noticeably to losses
from certain insurers’ investment portfolios
In an effort to boost investment returns, US insurers expanded their collateralized loan obligation (CLO) holdings in 2018, albeit the investments were highly rated, Moody's Investors Service says in a new report, the third in a series examining insurers' investments.
read more - Will The Fed Vote A Rate Increase This Fall?
76% say it should
With the Federal Reserve expected to contemplate a rate cut on Wednesday and markets indicating there is a 97% chance of a drop in rates by the Fed’s September meeting, the personal-finance website WalletHub today released the results of a brand-new Fed Rate Survey gauging consumer sentiment on the matter.
read more - 5 Ways To Help Protect Retirement Income
These rules of thumb can help keep your client's retirement plan on track
If you're approaching the off-ramp to retirement—or already there—it's important to think about protecting what you've saved and helping to ensure that you'll have enough income throughout your retirement. After all, you worked hard to get to retirement. So you want to be able to enjoy it without having to worry about money.
read more - Dads and Moms Are Significantly More Likely to Embrace New Tech & Tools to Manage Finances
Parents outpace the general population in wanting to leverage mobile, voice, social, and other new technologies in managing their investments
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors.
read more - 401(k) Participants Believe $1.7 Million is the Magic Number for Retirement, but Their Investing Behavior May Leave Them Short
For many, targets are realistic but they're just not on track to reach those goals
New research from Schwab Retirement Plan Services finds that although 401(k) participants believe they need $1.7 million, on average, to retire, many are not investing enough to reach that goal. The nationwide survey of 1,000 401(k) plan participants also reveals the outsized role of the 401(k) in Americans’ finan
read more - Economic Optimism Weakens Just One Month After Hitting 15-Year High
All components on the Presidential Leadership Index and National Outlook Index fall
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, fell 9.2 percent overall in June as every component on the index slid. Its 53.2 reading, which dropped from 58.6 last month, remains in positive territory however, continuing its record run of 33 consecutive months above 50.
read more - Fed Open Market Committee Expected To Ease Monetary Policy
Combination of growth, inflation, and risks move panelists' consensus toward Fed easing
Panelists for Wolters Kluwer's Blue Chip Economic Indicators June survey anticipate that the Federal Reserve's Open Market Committee (FOMC) will now cut interest rates, signaling a shift from the panel's expectations in the May survey for a rise in rates.
read more - Market Watch: Big Gains for the Major Indices
Breaks out of a 6-week losing streak
Stocks rallied during a week in which Wall Street was buffeted by headlines. The S&P 500 rose 4.41%. The Nasdaq Composite and Dow Jones Industrial Average respectively added 3.88% and 4.71%. The MSCI EAFE index of overseas stocks improved 2.02% across five days.
read more - Investor Movement Spikes To 6-Month High
Retail investors responded to increased volatility in May by taking on more risk
The Investor Movement Index® (IMXSM) reached 4.93 in May, up 7 percent from its April score of 4.61. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
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