Market Minute
October 2024 – By Bob Veres
The U.S. dollar is declining in value compared with a basket of international currencies. The greenback has fallen 5% in the last two months, and now sits at a 13-month low.
Continue readingFederal Reserve Interest Rate Cuts: A Shift in Economic Strategy
Market Memo
September 2024 – By Scott Rosenquist CFA®
The Federal Reserve lowered interest rates last week by a half percentage point in a much-anticipated pivot after holding rates steady since last July. There was debate going into the meeting on the size of the cut and the Fed opted for a larger-than-normal cut to start this rate-cutting cycle.
Continue readingHardship Withdrawals for Financial Emergency Under the SECURE 2.0 Act
Planning Article
September 2024 – By Tom Rueger CFP®
More people than ever are tapping into their 401(k)s and IRAs to manage financial emergencies. According to the Vanguard Group, early withdrawals from retirement accounts reached an all-time high of 3.6% in 2023, up from 2.8% the previous year.
Continue reading2-Year vs. 10-Year Yield Spread
Market Minute
September 2024 – By Kyle Rohrwasser
Treasury yields were down 25 basis points at 2 years and were down 19 basis points at 10 years over the last week. As a result, the current 2-year/10-year treasury spread widened into positive territory.
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