Recession Worries — Riding the Wave Through Volatile Market Cycles
Although the markets have teased investors with short-lived rallies this past year, we can’t lose sight of the central bank’s determination to bring still-stubborn inflation gauges under control. In this fourth quarter, we will again face the prospect of one more rate...
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Retirement Times November 2022 Newsletter
November 2022 This month's Retirement Times discusses the following: DOL Updates Guidance on Auditor Independence for Retirement Plan Engagements Does Your Retirement Plan Stand out From the Crowd? Documenting Fiduciary Plan Management Responsibilities Participant...
Market Perspectives 2022
Inflation Conundrum • Inflation remains persistent, although much can be attributed to the post-pandemic recovery and Ukraine war (energy, food and housing prices). • Today’s strong dollar has provided an advantage for consumers. Because of the dollar’s stronger...
The Morning View: October 28, 2022
From our colleagues at our sister company, Argent Trust: Announced this morning, Personal Income increased 0.4% in September, as expected. Personal Spending increased 0.6% in September, two-tenths more than expected and Real Personal Spending which accounts for...
Argent Gives Back: Leisa Gebetsberger, JD, MS, BSN
Leisa Gebetsberger, JD, MS, BSN Trust Administrator, Tulsa, OK 1| Which nonprofit are you passionate about serving? Tulsa Southside Rotary. Rotary International’s motto is “Service Above Self”. Rotary members in clubs around the world provide humanitarian services to...
The Morning View: October 20, 2022
From our colleagues at our sister company, Argent Trust: In this morning’s data, Initial Jobless Claims were 214,000 for the week ending October 15th, less than expected and less than the previous week. Continuing Claims were 1,385,000 for the week ending October 8th,...
How Single Women Can Attain Financial Security By Themselves
A growing number of single women in the United States are childless by either choice, circumstances or challenges. This group, affectionately known as PANKs — “professional aunt, no kids,” an acronym coined by author Melanie Notkin — numbered roughly 23 million in...
Is Modern Estate Planning in Denial of Old Age?
BY: DAVID RUSSELL, CFP®, CSA® Vice President & Trust Officer | (601) 707-0008 Estate planning professionals have experienced a resurgence in business over the past couple of years. Demographic realities have contributed much to this resurgence. According to a...
The Morning View: October 13, 2022
From our colleagues at our sister company, Argent Trust: Announced this morning, the Consumer Price Index increased 0.4% in September and is 8.2% higher on an annual basis, both higher than expected. Monthly prices for Utility Gas Service (natural gas), up 2.9%,...
Market Update – October 2022
Summary of Key Points As core inflation remains stubbornly high, and the Federal Reserve continues to implement aggressive monetary policy tightening, we see higher risk of a recession over a shorter-term (12-month) horizon. While equity markets have sold off over the...