Strategists predict a 10-20% drop in equity prices in the coming months. Peter Oppenheimer of Goldman Sachs offers his forecast for the duration of the drop and whether investors should be poised to take advantage of it. Right now, however, every major economy on earth is expanding. How long can this last? 93% of those who attended last week’s World Economic Forum saw a threat of political or economic confrontations. Peter S. Goodman takes a look at economies around the globe and the potential for sustained growth. If your income level is too high to qualify for a Roth IRA, there are a number of other tax-efficient ways to prepare for your retirement. Charles Schwab Personal Finance & Planning summarizes the alternatives.
Is A Correction In Global Stocks On The Horizon?– Goldman Sachs Group Inc. predicts a correction in global stocks is on the horizon, but says any such pullback would be a buying opportunity. Strategists at the U.S. bank say signals are flashing for a drop of 10 to 20 percent in equity prices in the coming months. Read more…
Every One of the World’s Big Economies Is Now Growing– A decade after the world descended into a devastating economic crisis, a key marker of revival has finally been achieved. Every major economy on earth is expanding at once, a synchronous wave of growth that is creating jobs, lifting fortunes and tempering fears of popular discontent. Read more…
Income Too High For A Roth IRA? Try These Alternatives– High earners may have a variety of options for saving for retirement—but income limits mean direct contributions to Roth IRAs generally aren’t among them. That doesn’t mean you don’t have other options for making your retirement savings plan more tax efficient. Your income doesn’t have to be a barrier. Here are some things to consider. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller