How can analysts explain rising markets amid COVID-19? Liz Ann Sonders and Neel Kashkari discuss the current situation and offer advice on how to invest successfully. The way countries are creating stimulus plans isn’t without risk. Jeffrey Kleintop of Schwab provides a glimpse of where this policy may lead our economy. It may be time to re-think your financial and retirement plans. As yields continue to drop and interest rates reach historic lows, non-portfolio assets are looking more attractive. Christine Benz of Morningstar explains.

Stocks See Gains Amid Soaring Unemployment — In this six minute video, the chief investment strategist for Charles Schwab and the president of the Minneapolis Federal Reserve Bank offer their perspective on the markets. They forecast the length and pace of economic recovery and suggest ways to successfully invest. See the video…

What’s The Future Payback For The Stimulus? — It is becoming increasingly clear that the massive global stimulus is being financed by a rise in money, not debt. The biggest risk may be that this isn’t a one-time event. In the future, governments might be more inclined to keep on running big budget deficits financed by central bank money potentially leading to slower growth, weaker currencies, unwanted inflation, and central bank insolvency. Read more…

What Ultralow Yields Mean For Your Financial And Retirement Plan — With cash and bond yields so low, the “safe” return of other non-portfolio assets is even more attractive. Christine Benz surveys the effect of increasingly low interest rates on financial plans and retiree portfolios. Read more…

 

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.