The entire U.S, equity market lost on Monday, Dec. 17, 2018, meaning every one of the 42 segments by size, sector and style finished negative for the day. This was the second day in a row with losses across the board. From Oct. 10-11, 2018 was the last time two consecutive days with all losses Read more […]
Since the end of 2015, the U.S. Federal Reserve has raised the policy rate eight times to currently 2.0%-2.25%. The minutes of the recent September FOMC meeting reiterated the committee’s positive growth outlook and confidence on 2% inflation. Market players continued to catch up on pricing future Fed hikes. Currently the market is implying approximately Read more […]
Maybe you can’t technically get fired after retiring, but running out of income in retirement is a real risk many people fear. According to TIAA, 49% of Americans say their No. 1 goal for a retirement plan is to provide guaranteed monthly income in retirement, and 68% of Americans would first choose a retirement paycheck that Read more […]
Over the past 10 years, the highest overnight reference rate from the Brazilian Central Bank has been 14.25% from July 2015 through September 2016. In an attempt to hold back the depreciation of the Brazilian real and to keep inflation within the target range, the reference rate dropped 775 bps to 6.50% at the end Read more […]
The stunning statistics on rising college tuition shown in Getting Smarter About Saving For College: Part 1 have led to a need for better ways to save for college. To meet this demand, S&P Dow Jones Indices launched a new index based on research showing how tuition inflation is dependent on general inflation (linked bonds), Read more […]
Did you know there is now about $620 billion more of student loan debt than total U.S. credit card debt? Here are some more astounding statistics highlighted in our new paper: The average student loan debt for 2017 graduates was $39,400, up 6% from the prior year. About 44 million borrowers owe a total of $1.48 trillion in Read more […]
“You Keep Livin’, We’ll Keep Payin’” – lottery spokeswoman, Christy Calicchia. Most people, while they only dream of winning a lottery, understand the concept between a big lump sum payout and an annuity that says something like “either win $1 million today or win $1,000 a week for life.” Though the concept is clear, and in Read more […]
Fed watchers and bond holders worry that inflation could spike, tempting the Fed to boost rates much farther than the current half percentage point the market expects in the rest of 2018. With the Federal Open Market Committee, the central bank’s policy makers, meeting today and tomorrow these concerns are front and center. This morning’s Read more […]
Having broken through 2% in January 2018, the 10-year U.S. Treasury breakeven rate (as measured by the difference between the S&P U.S. Treasury Bond Current 10-Year Index and the S&P U.S. TIPS 10 Year Index) has continued to increase, reaching a YTD high of 2.18% on April 23, 2018. As of May 14, 2018, the Read more […]
The U.S. dollar hit a 4 month high last week from concern over potentially faster interest rate hikes to control inflation as oil exceeded $70 per barrel and the lowest unemployment since 2000 was reported. If the U.S. dollar continues to strengthen, it may be useful to know how U.S. equities moved historically in times when the Read more […]
