inflation
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A Positive Year for Stocks remains well within Reach
April showers came a month early as stocks fell in March. Tariffs were the primary...
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What the Recent Fed Rate Cut Means
Finally! For the first time in more than four years, on September 18, the Federal...
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What might the second half of 2024 have in store?
Stocks finished the first half of the year the same way they started — with...
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First Quarter Review and What it Means
The first quarter is in the books, and it was an excellent one for stocks....
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Preventing Lifestyle Creep from Overtaking Your Finances
Have you ever found yourself daydreaming about how you will spend your next pay raise...
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Don’t Get Spooked by Higher Volatility
The S&P 500 lost 3.3% in the third quarter after sliding nearly 5% in September....
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The Beginnings of a New Bull Market Emerge
The financial markets’ resilient performance during March was striking, despite pockets of uncertainty surrounding the...
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This is Not Your 1970s-Style Stagflation
A message from SIUCU Investment Services and John Alongi, LPL Financial Advisor: In the last...
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Inflation Erodes Your Savings. Here’s How to Shore Them Up
One million dollars might sound like enough to retire with today, but by the time...
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THE CURRENT CD QUANDARY: Today’s yields can’t beat inflation.
CD investors are effectively losing money. According to Market Rates Insight, a research firm tracking bank rates, annualized inflation has surpassed long-term certificate of deposit rates since February. In April, 12-month inflation hit 3.16% while the highest-yielding 5-year callable CD on the market offered a 2.4% interest rate. May’s Consumer Price Index put annualized inflation at 3.6%; as of mid-June, the highest-yielding nationally available 5-year CD was at 3.05% APY.1,2,3