Category Archives: the economy

What Correction? $6.3 Trillion Manager BlackRock Just Boosted its Outlook on US Stocks

Joe Ciolli * BlackRock raised its outlook on US stocks to overweight from neutral, citing the positive effect of fiscal stimulus on earnings growth. * The firm notes the ratio of upward profit revisions for US companies relative to downward ones is the highest since 1988. On the heels of the stock market’s first 10% correction in two years, BlackRock has turned positive on US equities. Enticed by the earnings growth that should result from… Read More »

How To Stop Worrying And Love Market Volatility

Karl Kaufman “Buy the ticket, take the ride,” wrote Hunter S. Thompson in his classic book Fear and Loathing in Las Vegas. Equity investors have been on a bumpy ride this month as volatility, lying dormant for what seems like an eternity, returned to the market in force. Wild swings in the Dow — thousand point drops followed by triple digit gains followed by drops and then gains — erased much of January’s returns and… Read More »

Retiring in a Volatile Market

Should Retirees be Worried? Market volatility is a historic inevitability; as a long-term investor, you are guaranteed to experience years of volatile or negative portfolio growth. If volatility coincides with your retirement, you might be worried about how it may affect your savings and income. While history tells us that stocks perform well over the long term, in the short term, market shocks like low crude-oil prices, geopolitical uncertainty, and concerns about the global economy… Read More »

5 Things: What Yellen’s Fed Tenure Will Be Remembered For

When Janet Yellen leaves the Federal Reserve this weekend after four years as chair, her legacy will include having shattered a social barrier: She is the first woman to have led the world’s most powerful central bank, a position that carries enormous sway over the global economy. Yellen will be remembered, too, for her achievements in deftly guiding the Fed’s role in the U.S. economy’s slow recovery from a crushing financial crisis and recession. She… Read More »

11 Tips To Protect You From Identity Theft & Related Tax Fraud

Kelly Phillips Erb If the chatter is to be believed, identity theft tops the list of taxpayer concerns for 2018. And it’s not all in your head: an Identity Fraud Study, released by Javelin Strategy & Research, found that identity thieves stole $16 billion from 12.7 million U.S. consumers in 2014, a new victim every two seconds . Those statistics are scary but there is some good news to be found in the report: the… Read More »