Month: October 2018
Like an unexpected gust of wind that blows the hat off your head or flips your umbrella inside out, last week’s stock market performance startled investors. Looking back, it’s easy to identify some of the factors that may have contributed to investors’ unease and shaken confidence in the markets. Ben Levisohn of Barron’s offered a…
This article was written entirely and provided by CNBC.com This savings account can help defray health costs – and you likely don’t know much about it. If you haven’t seen this tax-advantaged savings account offered alongside your health-care plan, odds are that you’ll come across it this year. Say hello to the health savings account,…
Last week offered some insight to economics and stock market behavior. The U.S. unemployment rate reached its lowest level since 1969 and wages moved higher, yet major U.S. stock indices lost value. Why didn’t stock markets move higher? The answer is stock prices tend to be leading indicators. They reflect investors’ expectations for the future….
But, if newsprint was still popular, last week’s key economic news would have appeared below the fold. The Federal Reserve raised rates for the third time in 2018, as expected. In addition, the Federal Open Market Committee projects economic growth will continue for three more years, although its median numbers show growth slowing from 3.1…