Declining Oil Inventory Contributing To Higher Oil Prices
The Weekly Petroleum Status Report released by the EIA on Wednesday showed crude inventory, excluding the Strategic Petroleum Reserve (SPR), fell 4.8 million…
The January NFIB Small Business Optimism Index was reported at 97.1, down 1.8 points. This is the lowest reading for the Index since the February 2021 reading…
Retirement Meditation #5: Should I make pre-tax or Roth contributions to my 401(k) plan?
Years ago, I listened to a retirement plan participant summarize a retirement educator’s lengthy explanation of the differences between pre-tax and Roth…
Retirement Meditation #4: What is the right amount to save for retirement?
I’ve met a lot of people in my more than 35-year career in the retirement plan industry.
Many individuals have said to me, “I wish I had started saving…
Weak Consumer Sentiment A Headwind For Fed Rate Hikes?
This week investor attention will likely have a heightened focus on statements from the Federal Reserve as it holds its two day meeting on Tuesday and…
As the new year gets underway the equity market so far in January has not been kind to investors. Both stock and bond investments are mostly down with the…
Me: What is retirement?
My teenage child: That’s easy. It’s when you stop working.
Me: Then why do I meet people every day who are working but say they are…
The U.S. large cap equity market, as measured by the S&P 500 Index, showed its resilience in the fourth quarter by returning 11.0%. This marked the seventh…
The Federal Reserve has put the market on notice that interest rate increases are likely to come sooner than originally anticipated as well as an unwinding of…