Managing Your Retirement Plan Through the Market Turmoil
Jeffrey Snyder of Broadcast Retirement Network interviewed CFA Edward McIlveen of Francis LLC about navigating retirement portfolios amid recent market turbulence. McIlveen urged investors approaching retirement to stay the course, suggesting modest tilts toward international and emerging‑market equities rather than a defensive shift. He highlighted the importance of adding inflation‑sensitive components such as commodities, TIPS, and emerging‑market debt to traditional 60‑40 or 70‑30 mixes. Historical evidence shows markets typically rebound within a year after geopolitical shocks, reinforcing a long‑term perspective.
Costco Issues Urgent Warning to Shoppers
U.S. and Israeli strikes on Iran have pushed crude oil into the mid‑$70‑per‑barrel range, sending the national average gasoline price up 27 cents to $3.25 per gallon. Analysts warn the pump price could climb to $3.50‑$3.70 soon and possibly breach...