This has been a topsy-turvy week for investors as Federal Reserve Chairman Jerome Powell pulled the strings in the stock market with a strong dose of reality.
As part of the MarketWatch 50 series, Greg Robb looks into the decisions Powell made that set the stage for high inflation and a set of painful remedies. What’s next for markets after the Fed’s big moves? Joseph Adinolfi lists coming events that can move stocks and bonds up or down and influence the central bank’s next monetary policy announcement in December.The MarketWatch 50 The MarketWatch 50 is a new list of people who have the most influence over your money.Click here for the full list of the MarketWatch 50.
But if you run your own business, you can set aside much higher amounts of pre-tax money for retirement — up to $265,000 a year — by setting up your own plan, as Beth Pinsker explains. In the Where Should I Retire column, Jessica Hall helps a couple who want to avoid selecting a permanent home for now, so they can be free to travel. One difficulty is setting up a permanent legal address that isn’t a a post-office box. Here’s how to do it.
This look at high-yield bonds is the third in a series about a bond market that has become much more attractive to long-term investors as prices have fallen and yields have risen. The previous stories in the series covered shorter-term bonds and municipal bonds.
“Jumbo-sized 75-basis-points” ? It was with rates at 0%