- Investors Taking The ‘Slide In Stride’
Janus Henderson’s proprietary study of more than 1,000 respondents reveals investors are remaining calm, even optimistic
-Janus Henderson (NYSE/ASX: JHG) today announced the results of a proprietary survey, which was completed by 1,004 U.S. adults on March 16-17, 2020, to gauge general reaction to the coronavirus and specific behaviors regarding their investments.
read more - Pandemics Depress the Economy, Public Health Interventions Do Not
MIT Sloan study shows public health interventions in COVID-19 Pandemic could lead to faster economic recovery
The COVID-19 pandemic has raised critical questions about the impact of public health responses on the economy. An important issue for policymakers is whether current interventions like social distancing have economic costs.
read more - What are the Odds of a Depression, Given the Current Circumstances?
Look to the technology sector to lead a recovery
Dr. Tenpao Lee, economist and economics professor at Niagara University (quoted recently in MSN Money and other publications), says if a depression hasn't occurred by now, we're probably looking at a recession that will last at least through the rest of this year.
read more - Recession Length Depends on COVID-19 Path
U.S. growth, spending expected to slow dramatically in Q2
In this episode of AMBestTV, Ann Modica, economist, AM Best Rating Services, said U.S. growth is expected to slow dramatically in second-quarter 2020, as is consumer spending, exports and other macroeconomic factors...
read more - Congress Approves Stimulus
$2 Trillion Sparks A Rally
An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices.
read more - Retirement Investors Holding the Line During Market Correction
Majority of savers in defined contribution plans are not planning to take drastic actions
Americans in defined contribution retirement savings plans are largely maintaining their investment positions and not taking overly drastic actions in response to market volatility caused by the COVID-19 (coronavirus) outbreak, show new studies from Empower Retirement.
read more - Is it Possible to Keep Your Retirement Plan on Track in Volatile Times?
An actuary provides counsel for those in various life stages
By Dennis Ho
As markets continue to plunge and uncertainty about the impact of COVID-19 remains, the health of our retirement funds is adding to the concerns many of us are facing. Rest assured there are action most of us can take, even during these difficult times, to make sure our retirement plans remain on track.
read more - Innovate: Early SSI Retirement Benefits As COVID-19 Solution
California financial advisor Ric Edelman calls on Congress to permit temporary start of benefits -
Asks for policy shift to provide income to those in or near retirement during the COVID-19 crisis
Congress must pass legislation immediately to permit Americans age 62 and older who have not yet started receiving Social Security retirement benefits to do so – and to then stop receiving their benefits when the COVID-19 crisis ends, says financial advisor Ric Edelman, founder of Edelman Financial Engines, an independent financial planning and investment advisor1…
read more - A Stimulus-Package Timeline: 60 Day Window?
Help for three main groups looks to 'stabilize'
Early Wednesday, White House and Senate leaders reached agreement on a landmark $2 trillion coronavirus stimulus deal, which has yet to pass both houses of Congress.
read more - Penn Mutual Asset Management Expands Investment Team With Addition of Two Highly Regarded Portfolio Managers
George J. Cipolloni III, CFA, and Mark J. Saylor, CFA, will co-lead the firm’s new balanced income strategy
Penn Mutual Asset Management, a registered investment advisory firm and wholly owned subsidiary of The Penn Mutual Life Insurance Company (Penn Mutual), is pleased to announce the addition of two seasoned portfolio managers with a track record of success to the investment team.
read more - Further Global Interest Rate Cuts Anticipated as Economic Buffer for Coronavirus Impact
Fed cuts funds rate by 50 basis-points; Canada, Australia follow suit
AM Best anticipates further U.S. and global interest rate cuts in the first half of 2020 as governments strive to provide economic buffers against the potentially wide-ranging impact of the Coronavirus.
read more - After The Close… Part II
A Senate bill remains elusive, as the Fed steps in once again with support
There is little precedent for where we stand today. Coming off one of the most challenging weeks since October 2008, stocks continued their trend lower today.
read more - More Coronavirus Volatility
As markets slide, Fed expands credit access
The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses from the federal government did not keep stocks from recording losses for the week.
read more
