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October Recap: Markets Stumble but GDP Surges

October Recap: Markets Stumble but GDP Surges

by MasterPlan Your Retirement | Nov 14, 2020 | Uncategorized

The recovery in the financial markets hit some turbulence in October, as investors wrestled with anxiety about increasing COVID cases. However, a surge in gross domestic product (GDP) in the third quarter may signal that the economy is on the rebound.1 Through October...
COVID Economic Update: Fed Chairman Says Recovery Will Take Years

COVID Economic Update: Fed Chairman Says Recovery Will Take Years

by MasterPlan Your Retirement | Oct 9, 2020 | Uncategorized

On Wednesday, September 16, Federal Reserve Chairman Jerome Powell offered his assessment of the economic recovery. The press conference offered some positive news, but also a sobering prediction that a full economic recovery will take years.1 The good news is that...
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