How will rising interest rates affect stocks? As investors wait for today’s interest rate announcement from the Fed, JP Morgan Chase’s chief market strategist shares his outlook on its effect • A simple will may not be enough for your estate. Certified financial planner Roxanne Alexander explains the reasons why you should consider a trust • It’s time to decide whether you need an HSA for 2023. Sarah O’Brien of CNBC writes about the advantages of Health Savings Accounts.
Fearing A Hawkish Fed? Here’s What’s Likely Limiting More Downside In Stocks — The stock market has been under pressure since the inflation report for August came in surprisingly strong last week. However, JPMorgan Chase & Co.’s chief market strategist, Marko Kolanovic, doesn’t see this year’s drop getting much uglier, even with a hawkish Federal Reserve. Read more…
“Why Do I Need A Trust?” — A simple will works for some people, but maybe not for you. Are you in a second marriage? Have minor children? Concerned about fraud? These are just a few of the many reasons to consider a trust. Roxanne Alexander, CFP®, CAIA, AIF®, ADPA® explains the advantages of having one. Read more…
How To Weigh Whether A Health Savings Account Makes Sense For Your 2023 Insurance — Health savings accounts, which can be used with qualified high-deductible health plans, come with some key benefits. “For the most part … an [HSA eligible] plan is the most cost-effective way to get health insurance,” says certified financial planner Carolyn McClanahan. Read more…
John R. Day, Bill Ennis, and Matt Heller