The IRS recently announced that it will allow plan sponsors to pay out pensions as a lump sum to plan participants. In this video BMO Global Asset Management discusses what considerations should be made by plan sponsors and plan participants before choosing lump sum as an option.
John Adams—the United States’ first vice president—called his role as second-in-command to President George Washington “the most insignificant Office that ever the Invention of Man contrived or his imagination conceived.”
Amid uncertainty surrounding economic conditions and corporate performance, the percentage of S&P 500 companies with EPS off 50% or more from estimates has risen substantially.
The market and economy have gone through unprecedented events with a global pandemic, the shut-down of economies, massive government intervention and dramatic market swings.
In addition to minor tweaks in asset class exposure, there was no meaningful change in cash flows, as allocations to cash have remained unchanged for almost two months.
Growth in emerging market economies and equity markets continues to be driven by rising levels of income and consumer spending by an expanding middle class.
In prior rising rate environments, various parts of the municipal yield curve reacted differently based on economic conditions and the pace and scale of Fed activity.
Viewpoints from the July 2020 Fed Meeting. The Fed hints at a new policy framework.
After rising to the challenge of making lockdowns livable, technology firms and their investors face a trickier future than ever.
U.S. Treasury yields fell again last week, with the 2-, 5- and 10-year yields reaching record lows.