The stock market

[Roccus7]

Going to be interesting. I’m torn on this one. People are going to “gamble” with their life savings.

One of these days I'd love you to 'splain WTH this means, does it mean that Fund Managers can make the decision to include these in your managed 401(k) accounts, or can these be included in options you can opt to use in your 401(k)??

 

[longcast]

One of these days I'd love you to 'splain WTH this means, does it mean that Fund Managers can make the decision to include these in your managed 401(k) accounts, or can these be included in options you can opt to use in your 401(k)??

My understanding is it will be both. But lately, what is done today, may not be the final rule tomorrow.

 

[longcast]

My understanding is it will be both. But lately, what is done today, may not be the final rule tomorrow.

Although as you know, MOST 401(k) plans are self directed as the custodian/trustee (employer) wants to steer clear of anyone losing money and then being blamed.

I still have to read more, as I just saw this my also be a gateway to the PE world too.

Being involved in a bunch of PE deals, most folks will not understand the process and the risks involved. The due diligence it takes is mind boggling.

 

[longcast]

Trump's 401(k) expansion order: What new investment options will be available?

President Donald Trump signed an order enabling Americans to include private market investments, commodities and infrastructure projects in their 401(k) account portfolios.

www.foxbusiness.com

 

[longcast]

Kodak says there's 'substantial doubt' it can stay in business

Kodak warned in a Securities and Exchange Commission filing that it faces serious financial concerns, citing substantial doubt about continuing operations.

www.foxbusiness.com

 

[longcast]

GE Appliances invests $3B in US manufacturing operations

GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative

www.foxbusiness.com

 

[longcast]

Larry Kudlow: If Powell doesn't endorse major rate cuts, he will have a massive revolt on his hands | Fox Business Video

FOX Business host Larry Kudlow discusses the Federal Reserve's interest rate moves on 'Kudlow.'

www.foxbusiness.com

 

[longcast]

https://finance.yahoo.com/news/bessent-urges-fed-lower-rates-122606681.html

Get ready folks.

 

[wader]

https://www.yahoo.com/finance/news/stock-market-gets-kick-pants-190801720.html

Stocks have rallied significantly, partly on the argument that the impact of the Trump administration's tariffs on inflation will be smaller than was feared earlier this year.

However, the July Producer Price Index, which measures wholesale goods prices, has called that thinking into question.

While consumer-level inflation, as measured by the Consumer Price Index and Personal Consumption Expenditures Index, has ticked only marginally higher, PPI inflation soared in July far more than economists expected.

 

[longcast]

Up, up and away!!

And so, so happy back in April with all the Trump fearmongering..................................Just added a chunk of change and it is still going!

More recent - LMND 7/30 buy at $36.88

Today - $58

More sweet than tart!

 

[longcast]

One of these days I'd love you to 'splain WTH this means, does it mean that Fund Managers can make the decision to include these in your managed 401(k) accounts, or can these be included in options you can opt to use in your 401(k)??

As trustees of our plan, we decided NOT to include in our plan at this time. Another item was private credit. These can be illiquid at times, so how could somebody cash out if they were leaving, changing jobs, etc? Holding firm until the next trustee meeting.

 

[longcast]

Larry Kudlow: This sub plot at the Federal Reserve may be very important | Fox Business Video

FOX Business host Larry Kudlow discusses the market's response to Fed Chair Powell's address and accusations against Lisa Cook on 'Kudlow.'

www.foxbusiness.com