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Weekday news and analysis for retirement plan advisers
Tuesday, August 30, 2022
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Experts Offer Economic, Inflation Insights as Fed Wraps Key Meeting
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There are some encouraging signs to suggest inflation may be slowing, but experts warn investors may get ahead of themselves if they think growth is a foregone conclusion this quarter.
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Hub FinPath Solution Seeks to Boost Employee Resilience
The new financial wellness solution aims to help employers round out the benefits programs they use to attract, retain and engage workers.
Today’s Most Read
1. A ‘Slam Dunk’: 401(k) Auto-Portability Network Nears Live Date
2. Carlyle Makes Growth Investment in CAPTRUST
3. Hub Launches 401(k) PEP for Small, Midsize Plan Sponsors
The Pandemic’s Lingering Impact on Financial Security
A Northwestern Mutual study suggests that, while many people’s financial habits have improved, the pandemic has still disrupted the way people manage their finances.
Buy Now Pay Later
Even if plan participants can pay their items off in time, will they really pay later, after they’ve overspent and their retirement nest egg is too small?
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Market Mirror Market Mirror Graph

Monday, the Dow sagged 184.41 points (0.57%) to close at 32,098.99, the Nasdaq lost 124.04 points (1.02%) to 12,017.67 and the S&P 500 was down 27.05 points 0.67%) to 4,030.61. The Russell 2000 slipped 16.89 points (0.89%) to 1,892.94 and the Wilshire 5000 lost 285.54 points (0.70%) to close at 40,313.25.

 

The price of the 10-year Treasury note rose 2/32, bringing the yield to 3.104%. The price of the 30-year Treasury bond decreased 1/32, bringing the yield up to 3.242%.

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