QI’ve been contributing to my 401(k), and my employer matches a portion of my contributions. Does the $18,000 maximum for contributions include the employer match, or does it apply only to my individual contributions? Is it too late to increase my contributions to get the full employer match by the end of the year?
AThe $18,000 maximum (or $24,000, if you’re age 50 or older)....More>>>
Ralph Lauren Corp. (NYSE: RL) just became the latest company to fall victim to the “Retail Ice Age.”
The 50-year-old American icon announced it shuttered its flagship store at Fifth Avenue and 55th Street in New York City on Tuesday (April 4). It will also close 50 other retail locations by the end of the fiscal year.
The fancy clothing company is desperate to find....More>>>
Stocks fell today in tandem with U.S. Treasury bonds, raising concerns that the market might not be able to withstand higher interest rates.
The S&P 500 fell 0.3% to 2,133.04 today, while the Dow Jones Industrial Average declined 29.65 points, or 0.2%, to 18,169.68. The Nasdaq Composite fell 0.7% to 5,215.97. 10-year Treausry notes fell as their yields rose....More>>>
The narrative about U.S. economic growth and financial markets has changed since Donald Trump won the presidential election.
Gone are the days when we talk about central banks, monetary stimulus and low rates. We are in a brave new world of bold fiscal spending plans, tax reforms, rising inflation and rising interest rates.
Whether you are a supporter of the president-elect or not,....More>>>
Asian currencies were hit Friday by a perceived easing by the European Central Bank, even as the Asian stock market reaction was mostly positive.
Japans Nikkei NIK, +1.19% ....More>>>
As unexpected as Donald Trumps presidential election, consumers expressed much more positive economic expectations following his victory.
While the surge in confidence ended by mid-December, it nonetheless led to the highest level of the Sentiment Index since January 2004, according to the University of Michigan Surveys of Consumers.
An all-time record number....More>>>
Bond yields have been soaring for months and particularly since the presidential election. The 10-year Treasury yield is up nearly 70% from its mid-summer lows. Yet even after a run like that, the 10-year yield is still a pitiful 2.2%. Good luck living on that in retirement. Investors looking for retirement income are still going to have better luck with a portfolio of dividend stocks.
Some of the best long-term investments are in companies that don’t catch a ton of headlines because their business just isn’t that interesting. Sherwin-Williams Co (NYSE:SHW) is a perfect example of this. Following their acquisition of Valspar they will be the largest paint & coating company in the world, surpassing PPG Industries (NYSE:PPG). If I had to make a list of boring industries,....More>>>
The Q3 2016 earnings report for electric vehicle (EV) stock Tesla Motors Inc (NASDAQ: TSLA) is scheduled for after the market closes onWednesday (October 26th). Tesla Motors recent deal to buy Elon Musks SolarCity Corp (NASDAQ: SCTY) venture and the first known fatality involving a Model S operating on the Autopilot system has created headwinds for the stock with atechnical chart showingshares peaking....More>>>
AQR Capital Management’s Cliff Asness has launched a healthy discussion about the trials and tribulations of factor timing with a new essay (“The Siren Song of Factor Timing”). He’s recommends that investors steer clear, which is good advice because the crowd’s record, in the aggregate, to successfully engage in market-timing activities generally is overwhelmingly poor.....More>>>