State and Local Stories You Need to Know
Catch up with this week’s must read state and local news.
Catch up with this week’s must read state and local news.
One thing has become abundantly clear to me in over six years of helping federal employees look forward to retirement: you cannot plan for retirement successfully if you don’t know and understand all of your options.
Stocks were initially down this week but the bulls fought back to keep things at par as traders awaited the FOMC policy statement. Nothing particularly new was announced by the Fed; they sustained their dovish behavior as they know how sensitive the market can be otherwise. The statement didn’t change the mood of the weekRead… Read more »
Stocks were up for the week but were off their highs as they peaked intraday Wednesday after a couples days of relentless buying. Stocks sold off Thursday which continued into Friday but the dip buyers were back in play by mid-day to keep stocks in positive territory for the week. The F-fund lagged as itRead… Read more »
There’s no question that the cards are stacked against cash-strapped municipalities, but it certainly isn’t impossible for them to get back on track.
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It was an interesting week for the market. Trends driven by central bank decisions, front page tragedies, and a solid jobs report gave traders an opportunity to join the trend of the day. Post-holiday selling was followed by a positive start to the new month. The S&P 500 began to sell off at the openRead… Read more »
The weakness of August has now rolled into September, historically the worst month of the year. As the VIX sits near 30, which is a dangerous level, stocks are vulnerable for another panic-like sell-off. It’s possible we will see a bottom in September but first the market seems to want to test the August lows,Read… Read more »
Conservative estimates predict there will be more than 50 billion devices connected to the internet by 2020. That’s more than one internet enabled device per-person on the planet. “This smart technology is the fastest growing technology in history,” said Peter Romness, Cybersecurity Lead for US Public Sector, Cisco. “But with every additional device comes increased securityRead… Read more »
The Netflix series “House of Cards” is about one lawmaker trying to rise above and be more powerful than Congress, while HBO’s “Game of Thrones” is broadly about several different families trying to rule the Iron Throne. In Congress, there are 535 different people — men and women — trying to serve their constituents, their… Read more »