Investors are bracing for higher treasury yields. Jamie Dimon of J.P. Morgan says the 10-year yield may go up to 5% or higher, which could cause trouble for the markets. GDP (Gross Domestic Product) is often touted as an indicator of stock market performance, but the two aren’t necessarily linked. If you want to see which way the markets are trending, Jeffrey Kleintop believes there are more reliable measures. Have you ever wondered what happens to your digital footprint when you’re gone? D. Scott Neal explains what digital assets are and how to protect them.
JPMorgan CEO Sees Potential For 10-Year Yield To Reach 5%– The J.P. Morgan Chase & Co. chief executive officer Jamie Dimon said Saturday people should be prepared to deal with the benchmark 10-year bond yield at 5 percent or higher. “I think rates should be 4 percent today,” Dimon said Saturday at the Aspen Institute. “You better be prepared to deal with rates 5 percent or higher – it’s a higher probability than most people think.” Read more…
What Does GDP Mean For The Stock Market?- Intuitively, faster economic growth in a country suggests faster sales growth for companies, potentially lifting the stock market. But how closely do stocks actually track economic growth in the country they are headquartered in? Not very closely is the surprising answer. Jeffrey Kleintop, Chief Global Investment Strategist at Schwab, compares the performance of the stock markets in three developed countries to the growth in their GDP and then provides an index that does a much better job of illustrating what to watch when it comes to the stock market. Read more…
Digital Footprints: Where Do They Go When You’re Gone? – Have you stopped to consider just how much content you create online? These days it is nearly impossible not to interact with some form of digital media. Now, consider what will happen to all that content when you are gone. D. Scott Neal, a friend and fellow member of The Investment Advisors Peer council, explains how to protect your digital assets. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller