Randy's Thoughts
Market Updates, Tidbits, and News
As Pennsylvania’s pension deficit grows, state jobs and retiree income could be jeopardized
December 7th, PSER’s reported the pension fund earned 1.29% for the 2016 plan year. The combined pension deficit of PSER & SERS stands at roughly $70 billion and, according to representative McGinnis’ article last June in the Altoona Mirror, grows by $1 billion...
March 2017
Market volatility readings continue to hover at or near historic lows which seems to support the continuance of extreme bullish market sentiment. Yet the Dow and S&P indexes look a bit over-bought right now. It wouldn’t be surprising if the stock market took a...
February 23, 2017
Stocks continue to rise. Trump’s promise of tax reform, less regulation and infrastructure improvements seem to be the catalyst for rising stock prices. Nationally, the job market is tight, wages have risen slightly and it appears inflationary pressures are rising to...
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