How will this chilly earnings season affect your portfolio? Schwab’s Liz Ann Sonders and Kevin Gordon advise investors where to focus their asset allocations. • Future interest rates will likely hinge on two factors. That’s according to Fed chair Jerome Powell, whose recent comments influence Kiplinger’s interest rates outlook. • Some inheritances are more trouble than they’re worth. Elaine Silvestrini and David Rodeck list six of the worst ones for Kiplinger.
Beat It (Or Don’t): An Update To A Chilly Earnings Season — The analysts at Schwab Asset Management think that there are likely brighter days ahead for earnings and the stock market’s trajectory. However, with a shrinking number of companies maintaining strength on the bottom line, investors should keep their focus on segments of the market that are high-quality in nature—namely, those with positive earnings revisions, healthy profit margins, and strong balance sheets. Read more…
Kiplinger’s Interest Rates Outlook: The Fed Gives Some Clarity on Rate Hike Intentions — Fed Chair Jerome Powell wants to see progress in two areas before he calls for a pause in rate hikes: a softening of the labor market and wage increases, and slowing price increases in services other than housing, which is already weakening. Read more…
Six Of The Worst Assets To Inherit — Some assets are better than others to leave behind. In fact, some can cause arguments between family members, or may have hidden costs. You can prevent these issues from happening, though, with thoughtful estate planning. Read more…
John R. Day, Bill Ennis, and Matt Heller