Month: December 2019

Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, September 18, 2019. Sarah Silbiger | Reuters The Federal Reserve is likely to indicate it’s not in a hurry to do anything to change its neutral stand on interest rates, following its meeting Wednesday. But
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Howard Marks, Co-Chairman, Oaktree Capital  David A. Grogan | CNBC Investors should take some risk off the table in 2020 given some of the challenges the market faces, billionaire investor Howard Marks said on Tuesday. “The economic expansion and the bull market are old,” Marks told CNBC’s Wilfred Frost. “Valuations are above average. There’s a
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The Federal Reserve could be launching another round of money-printing in the next few weeks as problems in the overnight lending markets reemerge and force the central bank into more aggressive action, according to a Credit Suisse analysis. A fourth version of quantitative easing — often referred to as “money-printing” for the way the Fed
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visualspace | E+ | Getty Images You probably have a financial junk drawer — a hodgepodge of incomplete financial projects, goals and even a few secrets. Lots of people have one, says Amanda Priebe, a certified financial planner and wealth strategist at PNC Wealth Management. But unlike that kitchen drawer filled with old packets of
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Getty Precept 1 of the Code of Professional Conduct for credentialed actuaries in the United States says this: “An Actuary shall act honestly, with integrity and competence, and in a manner to fulfill the profession’s responsibility to the public and to uphold the reputation of the actuarial profession.” What’s that mean? In the world of
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Year-End Tax Planning is a must for Gay Couples with big incomes. Getty While year-end tax planning can be valuable for everyone, the tax savings can be even larger for gay married couples. According to the US Treasury Department gay married men make more, on average, than our straight married counterparts. Don’t despair ladies. Lesbian married
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Share to facebook Share to twitter Share to linkedin Mortgage lending limits will increase yet again for 2020 Getty News from the Federal Housing Financing Authority provides the latest figures for the threshold for non-jumbo mortgages (or a ‘conforming loans’) and the numbers show a significant increase yet again. For 2020, the limit will raise
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Shares of Agilent Technologies gained more than 3% in after-hours trading on Monday after hedge fund investor Bill Ackman revealed he has taken a stake in the lab testing equipment maker. A regulatory filing showed Ackman’s hedge fund, Pershing Square Capital, owns more than 2.9 million Agilent shares, bringing his stake to around $246 million. 
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Planning is very important so that you don’t run out of funds stock.adobe.com As a CERTIFIED FINANCIAL PLANNER™ professional, the number one question I am asked repeatedly is ‘will I have enough money to last during retirement?’ According to a Consumer Reports’ 2017 nationally representative Financial Security Survey, 46% of baby boomers (individuals born between
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