January 2020 - Global Markets Advisory Group

Market Data Daze

Latest thoughts from the partners at GMAG https://www.tradersmagazine.com/departments/commentary/market-data-daze/

Social Security Benefits Could Be Cut in 8 Years Unless Congress Acts
The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could lead to payment cuts in eight years.
How Retirees Can Manage RMDs in a Volatile Market
Savers with accounts like 401(k)s and I.R.A.s are required to make withdrawals starting at a certain age. Here’s how to handle that during an unpredictable stock market.
Chase Announces Annual Fee Increase to Its Sapphire Reserve Credit Card
The price jump is part of an ongoing shift for credit card companies and airlines toward premium rewards and high-end travelers.