Insights


24

Jun 2020

The Job Market is on the Mend, But It Still Has a Long Way to Go

Sources: NY Times and Federal Reserve Bank of St. Louis Market Observations The latest jobs report had a glimmer of hope that the economy may be recovering more quickly than expected, with a surprise 2.5 million increase in jobs and a decline in the unemployment rate from 14.7% to 13.3% in May. …

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24

Jun 2020

Is Private Equity Coming to Defined Contribution Retirement Plans?

Private equity may offer a stream of returns that could enhance the returns of a typical stock and bond portfolio, particularly in the current market environment. With new guidance from the DOL, will private equity be coming to defined contribution retirement plans soon?

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22

Jun 2020

This Week's Market Moves | June 22, 2020

Stock prices delivered modest gains this week, with the S&P 500 index rebounding 1.9%. A stronger-than-expected retail sales report, along with hopes for additional stimulus, helped stocks erase some of last week’s sharp losses. Here are some other insights on the market and the economy from this we…

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15

Jun 2020

This Week's Market Moves | June 15, 2020

The S&P 500 index tumbled 4.7% this week, as concerns about a possible second wave of coronavirus infections and the Fed’s downbeat economic outlook dashed hopes of a quick, V-shaped recovery. Here are some other insights on the market this week: The S&P 500’s impressive climb back into positive …

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08

Jun 2020

This Week's Market Moves | June 8, 2020

Stocks soared at the end of the week, as the U.S. jobs report unexpectedly surprised to the upside, with 2.5 million jobs created in May. This puzzling, but encouraging, news lifted all major indices, with the S&P 500 index climbing nearly 5% this week. Here are some additional insights on the marke…

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01

Jun 2020

This Week's Market Moves | June 1, 2020

The stock market finished the week higher, with investors becoming increasingly optimistic on the recovery as more states start to re-open their economies. The improved sentiment helped boost the S&P 500 above the psychological 3,000-level and led the Dow Jones Industrial Index to top 25,000 this we…

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27

May 2020

Secure Act Deep-Dive: Inclusion of Part-Time Employees

Many of the SECURE Act provisions seek to expand retirement plan coverage for Americans. This includes the new requirement for 401(k) plans to permit long-term part-time employees the right to make elective deferrals. While this is a positive step for employees, for retirement plan sponsors, it is l…

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