A No-Landing Scenario, Weak Market Fundamentals & Understanding the Dangers of Equity Index Annuities
Description
A No-Landing Scenario, Weak Market Fundamentals & Annuity Warnings
The Money Wise guys are back in the studio with another engaging and informative show that tackles current market trends and shares annuity warnings, too. They begin with a recap of last week’s market performance. The Dow was down 1.6%, the S&P 500 was down 2.4%, and the NASDAQ was down 3.2%. YTD the Dow is essentially flat, the S&P is up 10%, and the NASDAQ is up 24.1%. We’re seeing strange performance for the year, and we’ve just entered the fourth quarter of the game. The guys talk about the market cap weighted S&P 500, which shows some underlying fundamentals of the market aren’t as strong as the YTD S&P might lead us to believe. It all comes back to the Magnificent 7 tech stocks, so investors shouldn’t get too far out over their skis. The guys also discuss the 10-Year Treasury, which hit a yield it hasn’t seen since 2007, and they share more about this “normalization” of the yield curve that continues to occur. The Money Wise guys also discuss the Fed, recent rhetoric, a no-landing scenario for the economy, and how much higher long-term interest rates may go.
Annuity Warnings from the Money Wise Guys
The guys talk extensively about Equity Index Annuities in the second hour of the show - and they have plenty of annuity warnings to share. Among the greatest annuity warnings are that the insurer could become insolvent or that your annuity’s purchasing power will erode before payout. Check out these resources for more on annuity warnings and on equity index annuities in particular.
In the second hour, the Money Wise guys share important information about Equity Index Annuities - including annuity warnings you don’t want to miss! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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