Good morning. If you are local to the DC Metro like us, we hope that you are staying warm and safe. As we move into another week of market activity, below are the stories we are paying attention to:
INVESTING & THE ECONOMY
The S&P 500 is expected to report a blended rate of actual and estimated earning growth of 10.6 per cent in the fourth quarter from a year ago, according to FactSet. That is slower than the 26 per cent increase recorded in the third quarter. However, the data provider said, based on the average change in earnings growth as a result of positive earnings surprises, reported earnings growth is expected to be above 15 per cent. Meanwhile, revenues are projected to rise 5.9 per cent in the fourth quarter, down from 9.2 per cent in the third.
Just two weeks into 2019, the OECD economic indicator follows a run of numbers that mean growth this year could be even slower than currently anticipated. For Bloomberg Economics, the data point to “slowdown, not meltdown,” but it still says the loss of momentum is “striking.”
Today’s public markets, which were first designed to fill the capital-raising needs of the 19th century, are out of step with capital formation in the 21st century. It’s essential to move the markets forward to provide adequate access to investment opportunity for all, and not just a few, investors. Right now, the average investor has little or no access to where the real action is. Why is this happening? Because the public capital markets continue to shrink in the Western world.
The new year is a time to reflect on the good, the bad, and the “just OK” financial decisions you’ve made in the past. Fortunately, it’s also a time to think about your future. Think of 2019 as an opportunity to do better and consider these moves for a stronger, healthier financial future
If you’re a new parent, chances are there’s a lot keeping you awake at night. Besides a crying baby, your finances may also need some dire attention. Raising kids is expensive, and starting a family means you’ll likely have new financial issues to face. Becoming a parent is the perfect time to accomplish 7 must-do financial tasks to set up you and your family for success.