What effect will Boris Johnson have on international financial markets? Investors are keeping a close eye on the new Prime Minister, as Callum Keown reports for MarketWatch. The Leading Economic Index fell for the first time this year in June. Is it signaling a recession? Jill Mislinski covers the analysis for Advisor Perspectives. Too many people are unprotected by insurance when major life events occur. Brian O’Connell lists the top life changes that should trigger an update in your insurance.
British Pound Rallies On Boris Johnson’s First Day As Prime Minister – What To Expect In His First 100 Days — The pound bounced on Boris Johnson’s first day in the job as the new prime minister was optimistic over striking a Brexit deal in the next 99 days. Sterling GBPUSD, +0.3376% improved on earlier gains to climb 0.5% to $1.249 as Johnson was confident of a “new and better” deal, relegating a no-deal Brexit to just a “remote possibility.” Read more…
Conference Board Leading Economic Index Fell in June -The Conference Board LEI for the U.S. decreased for the first time this year. Large negative contributions from building permits, the ISM® New Orders Index, and initial claims for unemployment insurance (inverted) fueled June’s decline. Read more…
These Life Events Need the Most Insurance Planning — The experiences we have in life – the bigger, the more important – turn the conventional household insurance mindset on its head. Insurance, after all, isn’t static – it’s dynamic and fluid, and any household insurance plan needs to be crafted and shaped with change in mind, experts say. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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