The volatile atmosphere in President Trump’s administration is beginning to affect the markets. Callum Henderson, head of global markets research at the Eurasia Group, discusses his views on the situation with Bloomberg Markets. Political uncertainty both here and abroad produced weak first quarter results, but is “sell in May” still a good principle? Liz Ann Sonders and her team at Schwab offer graphic analysis of what to expect in the coming months. If  you’re 59 1/2 and still working, you can already roll over money from your 401(k) into an IRA. Chad Slagle of Slagle Financial details four reasons why it’s best not to wait to take control of your 401(k).

Caution Reigns As U.S. Politics Takes Center Stage–  Growing concerns over the turmoil engulfing President Donald Trump’s administration weighed on risk appetite, boosting the yen and gold and sending stocks lower. Read more…

Sell In May…Or Settle In?-  Subscribing to the “sell in May” theory has not always been financially rewarding, so be cautious about trying to trade around any likely volatility according to Liz Ann Sonders and her team at Schwab.  The U.S. economy is growing, but not too fast, earnings have accelerated sharply, and fiscal tailwinds are still blowing. There is the potential for a retrenchment in the gains in emerging market stocks in the near term, but sticking with a diversified portfolio is important. Pullbacks are possible but stay focused on fundamentals and your long-term goals. Read more…

Why Wait Until You Retire To Take Control of Your 401(k)?-  If you’re 59½ years old and still working, you have the ability to roll over money from your 401(k) into an IRA. This is known as an in-service rollover, and it comes with no income restrictions and only minimal fees (usually $20 to $40, depending on your company’s rules). There are four reasons why you should consider an in-service rollover. Read more…

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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

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