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 | United Asset Strategies

U.S. Stock Futures Are Lower While Market Swings Become Even More Common Place

United Asset Strategies |
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Morning Updates

U.S. stock futures are lower:  Markets swings are becoming even more commonplace as investors process both earnings and economic data.  Weaker earnings results are driving futures lower this morning post yesterday’s recovery for all three major averages.  Additionally, while the initial GDP headline was a contraction of 1.4%, the below data point concerning consumer spending rose 2.7% (annual rate) and was a slight acceleration from end of last year.  The core personal consumption expenditure (PCE) price index increased 5.2% versus 5.3% consensus & the employment cost index increased 1.4% compared to 1.1% estimate.   The PCE is sometimes referred as the Fed’s favorite inflation gauge.  Overall treasury yields are higher and the futures are trading lower post announcements.  Asian markets closed higher as China is expected to announce further stimulus plans to counteract the Covid lockdowns and ease its campaign against tech companies.  European markets are trading higher.