The new math of saving for retirement may boil down to this one, absurdly simple rule

“Eventually, I’ll stop working.” Most of us think that and know it will happen, but millions of us worry whether we’re saving enough to live on once we do. We want to know: How much of my earnings should I set aside? What’s the magic number? 3%? 5%? 10%? More? What your financial adviser won’t tell you: Unfortunately, the retirement […]

Read more

Pimco says ‘biggest risk for emerging markets right now’ is unreported China lending

Unreported loans from Chinese state banks to governments in emerging markets is causing nervous Wall Street investors to sit up and pay attention. A wide swath of these loans slips under the radar as China doesn’t need to disclose the terms and size of their overseas loans to international organizations, a particularly troublesome issue for emerging market bond buyers who […]

Read more

Why annuities should be part of your retirement ‘pension’

Recently, I wrote about how retirees can use their Social Security benefits and required minimum distributions (RMDs) from their individual retirement accounts and 401(k) plans as substitutes for defined-benefit pensions that, at least in the private sector, may soon be as extinct as the woolly mammoth or Tasmanian tiger. But they may not be enough. Social Security was designed to […]

Read more

Barings takes contrarian view and says time is right to invest in U.S. corporate loans

The boom in loans to U.S. companies already awash in debt has become a source of angst for regulators and the market. But Barings, an investment arm of Massachusetts Mutual Life, said on Friday that now actually might be the right time for to buy loans to debt-laden American companies, even as other investors head for the exits. “Interest rate […]

Read more

Fundstrat’s Tom Lee literally pleads with investors to not ignore 5 bullish signs forming in the stock market

U.S. stocks are headed higher in the next six months, says Thomas Lee. Lee, head of Fundstrat Global Advisors, doesn’t feel he can overstate that point, noting in a research report dated Friday that investors “ignore at your peril” bullish signs crystallizing in markets despite jitters about international trade conflicts between China and the U.S. that rocked the Dow Jones […]

Read more

Dow futures erase gain, setting stock market up for opening drop as Treasury yields sink

U.S. stocks were seen falling at the open on Wednesday as equity futures erased modest gains, amid a number of global central banks adopting easy-money policies in the face of an intensifying trade conflict between Beijing and Washington. Futures for the Dow Jones Industrial Average YMU19, -0.49% fell 156 points, or 0.6%, to 25,768, but had been up by as […]

Read more

MAS launches Sandbox Express for faster market testing of innovative financial services

SINGAPORE – The Monetary Authority of Singapore (MAS) on Wednesday (Aug 7) launched Sandbox Express to provide firms with a faster option to test innovative financial products and services in the market. Eligible applicants can begin market testing in the pre-defined environment of Sandbox Express within 21 calendar days of applying to MAS, instead of taking a longer time to […]

Read more

Fed’s Bullard says he has one more interest-rate cut ‘penciled in’ this year

St. Louis Fed President James Bullard on Tuesday said he has one more interest-rate hike “penciled in” for 2019. In an interview with Agence France Press, Bullard didn’t seem ready to pull the trigger quickly on another easing step. He wants to see how the economy responds to the quarter-point cut approved last week.The Fed’s interest-rate committee next meets in […]

Read more
1 2 3 56