There was nothing subtle about investment returns in 2013. Stock returns were great and US bond returns were bad. Interest rates on bank accounts barely
The year 2013 has been a great year for stocks. Year to date, the S&P 500 Index is up 25%, other US stocks 31% and international stocks (large cap, developed)
One challenge investment advisors face is framing a response to an unusual event. The government shutdown certainly ranks as an unusual event.
A proposal in President Obama’s 2014 budget request reduces cost-of-living adjustments (COLAs) for Social Security benefits, federal pensions (annuities) and