The average crediting rate for stable value funds is about 2.73%1. Interest rates on high quality U.S. bonds reached new lows this year, after falling steadily for decades. Inflation has…
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Posted in Investing
Tagged 401(k), international bonds, retirement
Any bid for the Presidency of the United States, from the tight race to the outcome, will surely affect both the U.S. economy and the capital markets at large. The…
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Posted in U.S. Policy & Politics
Tagged budget, Election2012, fiscal cliff, fiscal policy, taxes
I had the opportunity to attend a presentation by Robert Shiller, the esteemed economics professor at Yale. He released the book “Irrational Exuberance” darn near the top of the stock…
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Posted in Investing
Tagged equities, investors, stock market, stocks
Compared to recent European Central Bank (ECB) press conferences, yesterday’s was rather uneventful. Nonetheless, one thing made a strong impression on me: while reading his prepared statement, ECB President Mario…
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Posted in Global Economy
Tagged Draghi, euro, European Central Bank, Eurozone
Many commentators will tell you that they warned everyone about the depth and duration of last decade’s financial crisis, but no one listened. Some of those commentators had been predicting…
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Posted in Investing
Tagged equities, global investing, munis, stocks