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 Lower as Additional Economic Data is Released

United Asset Strategies |
Categories
Morning Updates

U.S. stock futures are lower:  Markets are poised to open down today as additional economic data is released. For the week so far, the S&P is down roughly 1.6%.  The personal consumption expenditure price index for December rose 4.9% annually, the largest gain since 1983 and a tad bit higher compared to street estimates of 4.8% & the monthly gain was 0.5% - in line.  Additionally, personal income rose and spending declined in December. Treasury yields have eked down a couple basis points after reports.  Trading has been volatile throughout the day, with wild swings moving from positive to negative territory.  Corporate earnings continue to be a bright spot.  Roughly one-third of the S&P companies have report and 78% reported results that have exceeded estimates.  Corporate spreads have widened out over the last week but still at the lower end of the two-year historical range.