The Federal Reserve’s FOMC decided to not raise rates on Septhember 17th 2015:
In its statement, the FOMC confirmed it "Is monitoring developments abroad.”
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term"
What Will the Fed Do Tomorrow?
It's been 9 years since the Fed last raised rates. Yet, no matter what Janet Yellin and the FOMC decide to do with short-term rates tomorrow, you can rest assured that market volatility will continue. Why? Because the market will likely be "surprised either way" says Kate Warne, an investment strategist at Edward Jones.
Mark Warshawsky is a visiting scholar at George Mason University’s Mercatus Center who has been testing the value proposition of immediate annuities. He has found that the immediate annuity market isn’t very active, which comes as a surprise due to the uncertainty that this generation of retirees will have to face.Read More
To understand how an Indexed Annuity will provide more guaranteed income than any other solution, consider the hypothetical example in this video case study with Jesse Greenberg, Vice President, Sales.Read More
Since March 2009, the S&P 500 has gained 171%. Pretty impressive, right? But, as history has shown us when long-run bull markets end, the decline can be pretty dramatic.Read More
Be prepared to discuss everything
From mortgage to Medicare, life span to retirement income, potential retirees will have a wealth of questions.Read More