All posts by Thomas Hilliard's Blog

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Ameriprise Study: Retirees Ready, but Reluctant to Spend Savings

While retirees have worked hard to save and invest for their next chapter, new research from Ameriprise Financial finds many of them aren’t tapping their nest eggs. The new study, Making Money Last, reveals only 21 percent of retirees feel confident about drawing down their assets.

from http://newsroom.ameriprise.com/research/ameriprise-study-retirees-ready-but-reluctant-to-spend-savings.htm

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Will Trade Tensions and Geopolitical Events Weigh on Markets?

Despite the distraction of everything except economic fundamentals, U.S. equities managed to deliver another week of higher prices, but only by the slimmest of margins. The S&P 500 index rose all of 0.02 percent, its fourth straight week of gains, but had to overcome major developments in monetary, trade and foreign policy to do it.

from http://newsroom.ameriprise.com/commentary/will-trade-tensions-and-geopolitical-events-weigh-on-markets.htm

Can Investors Look Beyond Trade Concerns and Global Political Jitters?

U.S. equities managed to overcome Eurozone political jitters to post a 0.5 percent gain last week. Things began inauspiciously, however, as the S&P 500 fell 1.2 percent on Tuesday in a holiday delayed reaction to the rejection of Italy’s proposed coalition government. But stocks went on to recover, as the newly constituted coalition government proposal was ultimately accepted. Stocks added to their gains on Friday following a better than expected labor report for May.

from http://newsroom.ameriprise.com/commentary/can-investors-look-beyond-trade-concerns-and-global-political-jitters.htm