Life insurance is an important component of any financial plan. As a representative of Lincoln Financial Advisors, we are able to serve clients within an open architectural environment and are provided access to a full range of life insurance products designed to meet all client needs.
Financial and Economic Brief - December 12, 2017
• Powell’s Early Policy Views - Jerome Powell appears set to let the tax cut “run its course” through the economy as weak growth in wages and inflation promote his view that the economy remains “underpowered”.
• November Jobs Report Strong - According to the November jobs report released on Friday, employers added 228,000 jobs in November and the unemployment rate remained at 4.1%.
• Launch of Bitcoin Futures - Derivatives exchange Cboe Global Markets launched its bitcoin futures late yesterday, marking the first time investors could get access to the market via a mainstream regulated exchange.
Financial and Economic Brief - December 5, 2017
• Mixed Numbers for Automakers - Major automakers posted mixed U.S. November new vehicle sales on Friday and predicted a competitive December as they rushed to sell vehicles and lift their 2017 numbers.
• CVS to Buy Aetna - CVS Health is buying Aetna for $69 billion in cash and stock in a deal that “reflects a rapidly shifting health care landscape”.
• Upcoming Fed Rate Hikes - The U.S. Federal Reserve is “almost certain” to raise interest rates later in December, a majority of whom also now expect three more rate rises in 2018.
Financial and Economic Brief - November 28, 2017
• Consumer Sentiment Rose More Than Expected - U.S. consumer sentiment saw “slight” gains in November compared to the mid-month reading, though the index remained below the decade high reached in October.
• Publisher of Time Agrees to Be Sold - The publisher of Time, People and Sports Illustrated agreed yesterday to be sold to another big magazine publisher, Meredith.
• New Home Sales at 10-Year High - Sales of new U.S. single-family homes unexpectedly rose 6.2% in October, to a seasonally adjusted annual rate of 685,000 units, amid strong demand across the country.
Financial and Economic Brief - November 21, 2017
• October Home Building, One-Year High - U.S. home building jumped 13.7% in October, the highest level since October 2016, likely because communities affected by the hurricanes started replacing houses damaged by flooding.
• Marvell Bids on Cavium - Marvell Technology has bid around $6 billion for Cavium in a cash-and-stock deal that would create a chip maker to compete with industry giants.
• Wall Street Slightly…Higher - Wall Street indexes were higher on Monday morning, as gains in technology stocks offset a drop in health shares.
Financial and Economic Brief - November 14, 2017
• Oil Prices May Stay Steady - Oil prices have been rising since June, increasing about 33%. British Petroleum boss Bob Dudley says that may be all for now.
• Coal’s Bleak Future - The coal industry has seen only modest gains in jobs and production this year, mostly from a temporary uptick in foreign demand.
• Qualcomm Rejects Takeover Proposal - Qualcomm recently rejected Broadcom's $103 billion takeover proposal, noting the bid “significantly undervalues” the wireless telecommunications company.
Financial and Economic Brief - November 7, 2017
• October Jobs Report - The U.S. economy added 261,000 jobs in October and the unemployment rate was 4.1%.
• Gas Prices on the Rise - Gasoline prices have risen for most of the U.S. at a time in the year when there is usually “relief” at the pump.
• Dudley Leaving Fed - William Dudley, “among the most influential monetary policymakers throughout the financial crisis and its aftermath”, expects to retire by mid-2018, before his term officially ends in January 2019.