Society of Actuaries
The dot-com crash haunts the memories of many of the more seasoned investors on Wall Street, and this year’s stock market rout is conjuring up some serious déjà vu.
Society of Actuaries
The S&P 500 has gotten obliterated in a widespread sell-off this month, and the benchmark index is likely to drop even lower if the economy experiences a return to 1970s-style stagflation, according to Bank of America analysts.
Society of Actuaries
The stock markets are in for a grim summer with the Nasdaq Composite and S&P 500 in for huge slides, according to Guggenheim's Scott Minerd.
Society of Actuaries
Craft Ventures co-founder and general partner David Sacks warned on Thursday that the U.S. is headed for a "very serious" recession later this year as markets have been experiencing the "worst downturn since the dot-com crash."
Society of Actuaries
In the current market downturn, while all three of the major averages have been hit, investors have hammered the Nasdaq Composite the most. It's down 27% this year.
Society of Actuaries
Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach.
Society of Actuaries
The S&P 500, which is widely considered to be the main benchmark for U.S. stock market performance, declined 13.3% through April, the steepest four-month drop to start any year since 1939.
Society of Actuaries
Bank of America’s Michael Hartnett looked at the past 19 bear markets to project when the current one will end—and where the S&P 500 will be when it does.
Online Article
The way you calculate your required minimum distribution just changed, and if you don’t need the money for living expenses, that could be good news for you. Here’s why.