... during Q3. Even though the Fed pressed the pause button on raising short-term interest rates, investors raised them anyway by selling bonds across the maturity spectrum. Long-term bonds were hit hardest, ...
... But as with most things financial it’s a facts-and-circumstances sort of issue and your “right” answer can absolutely be different from your coworker who was offered roughly similar terms.
During my ...
... this is what a soft landing looks like. The term originated in this context during the Nixon-era economy and following the 1969 moon landing, according to the Wall Street Journal. A soft landing is the ...
... 1970s/early 1980s. Admittedly, the two rates are not perfect comparisons given that outstanding debt likely looks very different (with regards to borrower profiles, terms, etc.) from that of a new 30-year ...
... time guarantee there. Medium-term higher-quality bond funds offer a decent yield but can’t keep up with short-term investments amid an inverted yield curve. Bond funds will catch up eventually, however. ...
... benefits before their full retirement age, even as they report recognizing how this will cost them money in the long-term.
The survey was covered in USA Today recently, but I’ll share sections of the ...
... $500,000 can go pretty far toward funding retirement while millions in the hands of a spendthrift might never be enough.
Whatever the dollar amount, we need a better way to determine if what we have ...
... ten times since March of last year to slow the economy down. Among other things, this has increased short-term borrowing costs in the economy by about 5%. The Fed held off raising rates at its June meeting ...
... to Andy Rothman, and not political ideology. And since Xi seems to have real staying power, his pragmatism should matter longer-term to the rest of us.
Andy made the point that, for long-term investors, ...
... Earmark accounts and investments for these purposes.
The following site from Genworth is a good starting place to determine cost in your area.
https://www.genworth.com/aging-and-you/finances/cost-of-care.html ...
... on federal borrowing until January 2025. We can debate if not having a debt ceiling is fiscally responsible but it’s a big win for the markets and the broader economy at least in the short-term.
I was ...
... ceiling deal. That’s great news but much work remains in terms of whipping up votes needed to pass the bill. My understanding is that voting will take place this Wednesday evening so that members of Congress ...
... can lead to paralysis, so let’s walk through some of the steps.
First you’ll want to find your note. This document lays out relevant details like the term of your mortgage, the interest rate, prepayment ...
... every president since 1959. It is possible that political parties agree to a short-term extension or suspension of the debt ceiling and continue to negotiate over future spending. While budget negotiations ...
... are open for business, the website still works, and current terms of deposits and loans should remain that way for at least a while. JPMorgan executives were understandably nonspecific about many details ...
... narratives are sure to shift multiple times in the coming months. If nothing else, yields on short-term investments are higher than they’ve been for a long time, so I think it’s wise to put excess cash ...
... was still about 6% as of February, 4% higher than the Fed’s target. During Q1 this meant that the Fed raised short-term interest rates by 0.50% spread over two meetings, a slower pace than in prior months. ...
... on the sale and how that commission grows as the purchase amount grows and the annuity terms get worse, and how the alluring guarantee is only as good as the insurance company’s health which, as with certain ...
... good to see in the short-term but risks remain. We’re still likely heading into a recession of uncertain severity that, in a sense, seems like a natural result of the wild swings our economy has been through ...
... the other two failed banks had to address these questions, chose the riskier paths, and are now paying the price. SVB grew quickly in recent years and invested excess deposits in longer-term bonds when ...