How can you tell if the economy is facing a recession? The head of investment strategy for Personal Wealth Management at Citibank focuses on three data points. Risks and volatility remain in the markets despite a recent rebound. That’s according to Liz Ann Sonders and her team at Schwab. They offer analysis and a forecast for the coming months. Claiming Social Security at the wrong age is riskier for women than men. Lorie Konish of CNBC explains how to choose a winning strategy.
Opinion: These 3 Leading Economic Indicators Show No Recession Is Coming — There are obviously a lot of economic data points that one can point to, but there are three leading economic indicators that are important: the yield curve, jobless claims, and credit conditions for both commercial and industrial firms. Read more…
Schwab Market Perspective: Rally Return Or Continued Caution? — U.S. equities have rebounded as some macro concerns have eased. However, risks remain. Liz Ann Sonders and her team at Schwab continue to believe that the odds of a U.S. recession in the near-term are fairly low; however, economic growth is slowing and the Fed still has a difficult road to navigate. Schwab’s tactical recommendations remain modestly defensive. Read more…
The Stakes Are Higher For Women When Claiming Social Security — Changing marriage patterns and caregiving needs put the modern woman at a distinct disadvantage, even as they face longer life spans, less earnings and fewer years in the work force. Women today should carefully strategize how they claim so that they don’t come up short in their elder years. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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