Why are stock values dropping? Is it a lack of corporate profits, or a lack of investor enthusiasm? Financial writer Matt Phillips provides analysis and perspective. Investors are struggling to navigate these volatile markets. Leading economists and financial advisors offer useful advice in CNBC. The Senate is planning to change 401(k) plans. CNN‘s Nicole Goodkind explains how the bipartisan bills will affect your retirement savings.
Why Stock Market Valuations Are Diving — A swift shift in investor enthusiasm, rather than a weakening in corporate profit power, is driving the market’s recent flop. Blame Powell. Or Putin. Or both. Long-term rates have been surging in recent weeks, as energy costs shot sharply higher — the result of Russia’s invasion of Ukraine — and Fed officials felt the need to say they’d hike rates faster than previously expected. Read more…
How To Manage Through Rising Rates, Inflation, And Market Volatility — Moody Analytics’ chief economist Mark Zandi says this will be a tricky, difficult year for people’s finances. With that in mind, here’s how to mange through the tough economic situation many Americans are now facing. Read more…
Here’s How The Senate Could Change Your 401(k) Plan — Last month Congress almost unanimously passed SECURE 2.0, a bill that makes big changes to rules for 401(k) and 403(b) accounts to address America’s impending retirement crisis. Here are the bills currently being considered in the Senate. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller