10 Points About Forecasting and Why We Stink at It
Even though predictions are almost useless, we persist in making and listening to them, Barry Ritholtz writes.
Powell Pledges to Pursue Fed’s Employment, Inflation Goals
Trump’s pick for Fed chair says he’ll retain the Fed’s tradition of monetary policy independence.
GOP Tax Plan Increases Need for Estate Planning Flexibility
For high-net-worth clients, the key principle today is keeping options open.
Senate Democrats Rip GOP Tax Limits on 401(k)s, Offer Their Own Plan
Democrats "have been slack-jawed at the idea that they [GOP lawmakers] just cannot keep their hands off your 401(k),” said Sen. Ron Wyden.
Stocks Aren’t Spooky, but Expect More Volatility: Schwab
Schwab’s Liz Ann Sonders, Jeffrey Kleintop and Brad Sorensen believe the bull market will continue and suggest investors remain at their target allocations.
U.S. Economy Grew 3% in Third Quarter, Stronger Than Expected
Strength in consumer spending and business investment offset the fallout from hurricanes in Texas and Florida.
Don’t Forget Japanese Stocks When Investing in Developed Markets
The Nikkei 225 has just reached a 21-year high, outperforming U.S. and European markets.
Retirement Saving Checklist: 15 Things to Know That Can Lead to Success
Using this checklist, clients can be better prepared for retirement by assessing their behavior and actions around retirement saving.
Morningstar’s Good and Bad 529 Savings Plans in 2017
Morningstar has upgraded ratings for six 529 college savings plans and downgraded ratings for three.
Trump Is Said to Lean Toward Jay Powell as Next Fed Chairman
Powell is a Fed governor and reportedly one of three top contenders, along with Stanford professor John Taylor and current chair Janet Yellen.