Doing the Math: How Many 529 Plans Do You Need for Your Family?
What to consider when saving for multiple children’s college educations.
The Forecast for Interest Rates is Changing
Is it time to add convertible bonds?
April 2017 Market Commentary
“It was the best of times, it was the worst of times…” to borrow a phrase from Dickens’, Tale of Two Cities. As 2016 came to a close it seemed truly the best of times for many. Following the US election, there was renewed hope and optimism for growth initiatives, as well as public policies, which generated a sense of certainty and euphoria about the future.
For the UK, Is the Real Risk Above- or Below-Target Inflation?
In its recent quarterly inflation report, the Bank of England gave the market some fascinating insights into the challenges it will face in setting appropriate monetary policy over the coming years.
Finding Value Globally Across Asset Classes
Jae S. Yoon is the chief investment officer and a portfolio manager at New York Life Investment Management, where he oversees approximately $293 billion in assets. In this interview, he discusses valuations across global asset classes and where he sees the greatest opportunities.
Charitable Planning Opportunity: Donate Private Equity Fund Interests
Private equity funds often incur significant value over time, and may face taxable distribution. For philanthropically minded clients, illiquid assets such as these that have appreciated in value can be among the most tax-advantaged items to contribute to charity.
Getting More From Your Equity Allocation
How can equity investors address the triple threat of a low return environment, scarcity of alpha and the tendency to chase performance?
Jack Bogle on the Limits of the Fiduciary Rule and the Future of the Advisory Industry
Speaking two weeks after his 88th birthday, Jack Bogle called the fiduciary rule “silly” and said that financial advisors’ fees are heading lower. Indeed, he said, advisors are destined to charge hourly or retainer fees, like lawyers and accountants.
Keep Your Eyes on the Credit Markets, Not Washington
With political uncertainty on the rise in D.C., will market volatility spike? Russ discusses why the economy and credit markets matter more.
Keeping Your Balance as Rates Rise
Rising interest rates make bond investors nervous. But purging your portfolio of interest-rate risk can backfire—even in a rising-rate environment. There’s a better way to balance risk and return.
Reflections on Trade: Part IV
This is the final report of our four-part series on trade. This week, our discussion on trade continues with a look at the relationship between trade, employment and inflation. We also conclude the series with market ramifications.
April Real Median Household Income Shows Encouraging Growth
The Sentier Research median household income data for April, released this morning, came in at $59,361. The nominal median rose $688 month-over-month and is up $2,176 year-over-year. In percentages, the latest month is up 1.2% MoM and up 3.8% YoY. Adjusted for inflation, the latest month is up $590 MoM and $920 YoY. The real numbers equate to changes of 1.0% MoM and 1.6% YoY.
Expectations for U.S. growth continue to slow as distractions in Washington D.C. take away from the aggressive legislative agenda.
Jeremy Siegel versus Robert Shiller on Equity Valuations
Should you reduce allocations to U.S. equities given the conventional wisdom that prices are “rich” and “due for a correction”? Jeremy Siegel says no; investors should expect 5% real returns from stocks over the long term. But Robert Shiller thinks that number should be much lower.