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Friday, December 02, 2022
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Wait, SECURE 2.0 Might Not Pass?
The legislative package may be running out of time, suggested Senator Ben Cardin at the EBRI Retirement Summit.
Today’s Most Read
1. PEP Pros and Cons
2. Evaluating a Retirement Income ‘Easy Button’
3. Partnering On In-Plan Advice
U.S. Regulator Urges Congress to Act Fast on Crypto Regulation
CFTC Chairman says digital asset marketplaces should be regulated with tactics such as needing to register with federal overseers. 
Self-Directed Retirement Investors In Brokerage Accounts Stay in Equities Despite Volatility
According to a Charles Schwab report, the average account balance decreased approximately 20%, year-over-year.
Investment Product and Service Launches
Securian and QPA launch managed account for plan sponsors; ProShares and S&P announce ETF to invest in surging battery metal market; Franklin Templeton teams with experts on free alternative investment education program; and more.
Market Mirror Market Mirror Graph

Thursday, the Dow decreased 194.76 points (0.56%) to close at 34,395.01, the Nasdaq gained 14.45 points (0.13%) to end trading at 11,482.45 and the S&P 500 decreased 3.54 points (0.09%) to close at 4,076.57. The Russell 2000 decreased 4.89 points (0.26%) to close at 1,881.68 and the Wilshire 5000 decreased 16.11 points (0.04%) to close at 40,536.31.

The price of the 10-year Treasury note increased 30/32, bringing the yield down to 3.511%. The price of the 30-year Treasury bond increased 2 28/32, bringing the yield down to 3.602%.

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