While investors seek shelter in more defensively oriented equity names, one market technician sees the Dow’s growing margin of outperformance over the S&P 500 and Nasdaq as a sign that the latest rebound in stocks might fade away quickly like the last one did.
Producer Price Index rose 8.0% in October, signs of cooling off
Producer Price Index data out Tuesday shows another sign that inflation is cooling. PPI for final demand increased 8.0% in October from a year ago. The increase came in below expectations and is lower than the year-over-year increase in September.
New GDP report shows an economic turnaround, but don’t be fooled

Thursday’s GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.
U.S. data brings some encouraging signs for inflation-weary Fed
Some hints that U.S. price pressures are beginning to ease even as overall inflation remains high could encourage Federal Reserve policymakers to opt for smaller interest rate increases after they deliver a fourth straight supersized hike next week.
10 Mistakes that can Derail Your Retirement Plans:
- Not Understanding how the SECURE Act and the CARES ACT can Affect Your Retirement
- Missing a Required Minimum Distribution (RMD) will result in a 50% Excise Tax
- Not Properly Designating Beneficiaries
- Not knowing The IRA- 401k Rollover Rules
- Having Too Much of Your IRA – 401k at Risk
- Overpaying Fees and Loads on Your IRA, 401k, 403b and TSP Plans
- Not Taking Advantage of Tax Savings Strategies
- Not Considering Rolling Your 401k, 403b, TSP and other Retirement Accounts to a More Flexible IRA
- Having Too Many Retirement Accounts to Keep Track Of
- Not getting a Second Opinion from someone that Specializes in IRA – 401k Planning

Adult Financial Education Is More Important Now than Ever during this Unprecedented Time We Are Living In.

- 401k Plans have replaced Defined Benefit Pension Plans.
- 10,000 BOOMERS make IRA/401k Rollover Decisions Every Day.
- Over 70% of 401k, 403b, TSP Plans allow In-Service Rollovers After Age 59½.
- Approximately 4,000 seniors are turning 72 Every Day and must start taking their Taxable Required Minimum Distributions.
- There is approximately $32 Trillion in Americans’ Retirement Accounts.*
- According to LIMRA, the IRA Rollover Market will increase to $600 Billion in 2020.
The American Network of Financial Education offers adult financial education via video and written educational material so that you can remain safe while planning for a rewarding retirement.
*According the Investment Company Institute