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After several quarters of mixed returns between domestic and international markets, the third quarter provided positive gains in nearly all asset classes.
There are many examples of financial scandals in the 21st Century, and sadly they continue.
The US economy showed signs of regaining momentum during the second quarter. GDP had a noticeable step-up with a Fed estimate of 2.6% growth annualized.
An oft-used catchphrase when a dramatic event comes to an end is, “Elvis has left the building.” It seems timely to also say, “The taxman has left the building.” Unfortunately, he’ll be back next year and Resource Consulting Group is preparing for his imminent return.
The final ruling from the Department of Labor (DOL) on the long awaited regulations requiring advisors to act as "fiduciaries" was announced last week. The ruling basically elevates the responsibilities of financial professionals to put clients' interests first and to increase disclosures to better ensure investors are getting appropriate, unbiased, and trusted advice.
The US economy continues to grow at a moderate pace overall. GDP for the fourth quarter was revised upward to a 1.4% annualized pace from the previously estimated 1%.
Parents often see their children as a reflection of themselves and want to extend their best characteristics and values to future generations. If you are charitably inclined, you naturally want your children to share this characteristic. What better way to…
Equity markets have once again turned down this morning after yesterday’s rebound. For global stock market investors, the news in 2016 has been marked by...
What is “recency bias”? It comes from the field of Behavioral Economics and represents a tendency for some people to focus solely on "what's happened lately" when evaluating or judging something.
After almost 10 years of near-zero interest rates, the Fed finally made its long awaited move to raise interest rates. An increase of .25% is a modest takeoff, but shows a...