Register Today! PEPs & The Future of 401(k)

Hosted by: Michael Abate AIF®, CRPS®

Date: Wednesday, October 28th

Time: 12:00pm ET

PEPs & The Future of 401(k)
Webinar explores the future of 401(k) plan management and the growing role of Pooled Employer Plans (PEPs). We’ll discuss how employers view the challenges of managing 401(k) plans and how PEPs can help reduce fiduciary risk, streamline administration, and lower costs.

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U.S. Stock Futures Are Higher After Yesterday's Volatility Related to the Variant #Omicron #MarketUpdate

United Asset Strategies |
Categories

U.S. stock futures are higher. Markets are poised to open higher post yesterday’s volatility related to the variant drove equity prices lower. Jobless claims from last week were 222k versus estimate of 240k. Yields on the 10y & 30y bonds inched up a about 3 basis points. Chairman Powell commented that the Fed is prepared to accelerate the tapering, if necessary, to curtail inflationary pressures, resulting in selling pressure on the shorter end of the curve. OPEC+ is expected to announce its production targets today, with global energy prices slightly higher in morning trading. Members are concerned that the new variant might depress energy prices. European equities are lower reflecting more sensitivity to increasing cases. Asian markets closed mixed for their trading day.