Mid Week With Day & Ennis

Can partisan conflict be good for the stock market? Liz Ann Sonders of Schwab looks back over the last six months and forward to the next six, gauging the effect of gridlock on the markets. Despite all the plans we have for retirement, it comes with a mix of surprises. Glenn Ruffenach of the Wall Street Journal interviews retirees on how it has changed their lives, for better or worse. Paying off your mortgage before you retire may give you peace of mind, but it can have its drawbacks. Deborah Nason provides an overview of the pros and cons for CNBC.

2017 Mid-year US Equity Outlook: Rattle And Hum–  As Liz Ann Sonders, Chief Investment Officer of Schwab says, “We say goodbye to the first half of a tumultuous, but rewarding year and look ahead to the second half to see what might be in store for the U.S. economy and stock market. I travel all over the country speaking with our investors, and a dominant topic—and concern—is about rampant U.S. government and monetary policy uncertainty and why it has not had a deleterious impact on the stock market. Perhaps it just hasn’t had an impact yet. Or perhaps there are forces underpinning this bull market that supersede the political turmoil.”  Read more…

The Biggest Surprises In Retirement–  Retirement—for better and worse—will change your life more than you anticipate.  The surprises ran the gamut, from the wonderful to the devastating. Read more…

Pros And Cons Of Paying Off Mortgage Before Retirement–  Should you pay off your mortgage before you retire? There’s no clear-cut answer, as the strategy depends on your tax situation, asset and income levels, and attitudes toward debt and investment. Read more…