Expectations vs. Reality in Retirement September 19, 2022 Financial Planning Andrew Busa, Retirement, Retirement Savings You may have seen the telling survey featured in The Wall Street Journal earlier this week in a lengthy article titled “How Much Can You Spend in Retirement?” The author discusses six key concepts for retirees to ponder when considering their spending in retirement: Health status Retirement timing … Read Morekeyboard_arrow_right
Inflation Curbs Market Enthusiasm September 16, 2022 Weekly Update Andrew Busa, federal reserve, Jeff DeMaso, stock market, Weekly Update Please note: This update was prepared on Thursday, September 15, 2022, prior to the market’s close. It’s amazing the difference one half of a percentage point makes on Wall Street. Tuesday morning, traders were greeted with a report that core inflation (which excludes often-volatile food and energy prices) rose 0.6% in August. … Read Morekeyboard_arrow_right
Inflation Curbs Market Enthusiasm September 15, 2022 Weekly Update Andrew Busa, federal reserve, Jeff DeMaso, stock market, Weekly Update It’s amazing the difference one half of a percentage point makes on Wall Street. Tuesday morning, traders were greeted with a report that core inflation (which excludes often-volatile food and energy prices) rose 0.6% in August. This higher-than-expected read was not what they’d been hoping to see, and it sparked a broad … Read Morekeyboard_arrow_right
The Lowdown on Student Loan Forgiveness September 2, 2022 Financial Planning Andrew Busa, student loans Eligible undergraduate and graduate students could have up to $10,000 in federal student loan debt forgiven.Read Morekeyboard_arrow_right
Do Policymakers Care About Your Portfolio? September 1, 2022 Weekly Update Andrew Busa, federal reserve, Jeff DeMaso, stock market, student loans, Weekly Update It has often been said that the Federal Reserve doesn’t care about your portfolio. Last Friday’s comments from Fed Chair Jerome Powell may have proved the point. Powell’s much-anticipated speech in Jackson Hole, Wyoming, while short, was dissected for every bit of nuance. Wall Street traders came to a bearish conclusion: Powell … Read Morekeyboard_arrow_right
Good News for Social Security Recipients August 29, 2022 Financial Planning Andrew Busa, COLA Increase, inflation, social security If you receive Social Security benefits, you’re up for a nice raise next year. We’ll get the final number in October, but based on early estimates, Social Security recipients can expect an 8%–9% increase in their payments in 2023. This amounts to roughly an additional $150 per month for the average beneficiary. … Read Morekeyboard_arrow_right
What Will the Fed Do About Inflation? August 26, 2022 Weekly Update Andrew Busa, bear market, Dan Wiener, inflation, Jeff DeMaso, life insurance, stock market, Weekly Update Please note: This update was prepared on Thursday, August 25, prior to the market’s close. For all the stock and bond markets’ ups and downs this week, Wall Street traders have been biding their time as they await Federal Reserve Chair Jerome Powell’s Friday speech at the central bank’s annual symposium in … Read Morekeyboard_arrow_right
What Will the Fed Do About Inflation? August 25, 2022 Weekly Update Andrew Busa, bear market, Dan Wiener, Jeff DeMaso, stock market, Weekly Update For all the stock and bond markets’ ups and downs this week, Wall Street traders have been biding their time as they await Federal Reserve Chair Jerome Powell’s Friday speech at the central bank’s annual symposium in Jackson Hole, Wyoming. Questions of recession and inflation, not to mention corporate earnings, consumer confidence … Read Morekeyboard_arrow_right
Can We Get That Summer Rally Back? August 19, 2022 Weekly Update Andrew Busa, bear market, Dan Wiener, Jeff DeMaso, stock market, Weekly Update Please note: This update was prepared on Thursday, August 18, prior to the market’s close. After a barnburner of a market rally during the hottest patch of the summer, investors were due for a break. And so far this week, we’ve gotten one. A tepid response from traders to some fair-to-middling earnings … Read Morekeyboard_arrow_right
Can We Get That Summer Rally Back? August 18, 2022 Weekly Update Andrew Busa, bear market, Dan Wiener, Jeff DeMaso, stock market, Weekly Update After a barnburner of a market rally during the hottest patch of the summer, investors were due for a break. And so far this week, we’ve gotten one. A tepid response from traders to some fair-to-middling earnings and economic reports has led to seesaw returns on the major stock indexes. Cutting through … Read Morekeyboard_arrow_right
The So-Called Inflation Reduction Act August 14, 2022 Financial Planning Andrew Busa, financial planning, Inflation Reduction Act, medicare Inflation may be leveling out—and that’s before the Inflation Reduction Act even passes into law. This sweeping legislative package seeks to lower energy prices and health care costs, but will it really lower inflation’s impact on you and me? Tough to say. When we were bracing for the American Families Plan proposed … Read Morekeyboard_arrow_right
Prices Down, Stocks Up—Is This a Turning Point? August 12, 2022 Weekly Update Andrew Busa, bear market, Dan Wiener, Jeff DeMaso, stock market, Weekly Update Please note: This update was prepared on Thursday, August 11, prior to the market’s close. Signs that peak inflation may be past, coming on the heels of last week’s strong jobs report, have sparked a rebound on Wall Street. The tech-heavy NASDAQ Composite entered a bull market on Wednesday, up 20% from … Read Morekeyboard_arrow_right