chusted

About Chris Husted

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So far has created 320 blog entries.

Deep Kimchi

August 14th, 2017|

By Pete Biebel, Vice President

The market had its worst week in quite some time last week.  The Dow Jones Industrial Average (DJIA) lost 1.06% for its worst week since March.  The broader, but still high-cap S&P 500 Index (SPX) fell 1.43%, its worst weekly loss since before the election.  The even broader and smaller-cap Russell […]

Broken Record

August 7th, 2017|

By Pete Biebel, Vice President

The Dow Jones Industrial Average (DJIA) has posted gains for nine consecutive sessions and has reached a new record level on each of the last eight of those days.  The daily reports are beginning to sound like a broken record.  “Broken record” is one of those outdated similes and metaphors that […]

No Week at the Beach

July 31st, 2017|

By Pete Biebel, Vice President

In the middle of summer, at the height of the vacation season, the stock market often lapses into dreary, dog-days sessions. Seeing that the S&P 500 Index (SPX) ended last week with a miniscule net change of just -0.02%, returning vacationers might conclude that they’d missed nothing of significance. In retrospect, […]

Why Nonprofit Organizations Need Financial Advice

July 31st, 2017|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans; and Brett Edwards, Associate Vice President and Senior Planning & Research Associate

Nonprofit organizations have the same financial and retirement planning needs as other employer groups such as business owners and self-employed individuals. Nonprofits can include:

Educational Groups (i.e., local K-12 school districts, private/parochial schools, […]

In Tent City

July 24th, 2017|

By Pete Biebel, Vice President

Again last week, the lack of volatility in the overall market averages camouflaged the intensity of the price action in several industry sectors. A three-ring circus of earnings reports, plunging interest rates and a weakening U.S. Dollar led to jumbo moves in individual stocks. Despite those entertaining sideshows, the continuing decline […]

The Importance of Defining Investment Objectives for Nonprofit Organizations

July 19th, 2017|

By Brett Edwards, Associate Vice President and Senior Planning & Research Associate

Running a nonprofit organization means running a business—and a business needs operating capital and sustainability. All nonprofits have a core mission at the forefront of everything they do for the communities they serve. Nonprofit leaders understand that accomplishing this mission requires careful planning and […]

Elvis is Back in the Building

July 17th, 2017|

By Pete Biebel, Vice President

Last week, the market’s favorite rock star returned to reignite the party. The seductive gyrations of the Technology sector over the past six months inspired within many market participants a burning love for some of the biggest names in that group. As those stocks displayed their tireless talent to boogie higher, […]

Nonprofit/Tax-Exempt Retirement Plans: Too Many Investment Options Can Lead to “Choice Overload”

July 12th, 2017|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

Retirement plans for nonprofit and tax-exempt entities (particularly 403b plans) are often structured very differently than retirement plans for business owners—and can also have unique challenges. One such challenge is the broad number of investment choices offered to plan participants (often more than 30) and […]

More Roil, Less Highness

July 10th, 2017|

By Pete Biebel, Vice President

The market survived the past two weeks of pre-holiday and post-holiday festivities with mixed feelings. Something akin to, “I spent way too much on fireworks, but I still have my fingers.” The Dow Jones Industrial Average (DJIA) was the brightest sparkler in the box; DJIA gained 0.30% last week to notch […]

Key Trends in the Nonprofit Retirement Plan Marketplace

July 5th, 2017|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

Retirement plans for nonprofit and tax-exempt entities (particularly 403b plans) have historically lagged the business owner retirement plan market in terms of modernizing their plan provisions and features. So, as the business owner retirement plan market began to embrace and adopt plan provisions aimed at […]