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  • Investors brace for months of big market swings as virus, political worries loom
    Reuters

    Investors brace for months of big market swings as virus, political worries loom

    Investors are bracing for an extended period of market volatility, as worries over a potential resurgence in coronavirus cases and political uncertainty roil stocks. The Cboe Volatility Index, known as "Wall Street's fear gauge," hit its highest level in nearly two weeks as concerns over waning fiscal stimulus and the long-term economic consequences of the coronavirus pandemic took the S&P 500 down to a seven-week low on Monday. VIX futures show that investors are betting that market swings will persist beyond the Nov. 3 U.S. presidential election and into December, reflecting worries over the possibility of a contested election and concerns that a deeply divided government will fail to agree on providing more fiscal stimulus to support the U.S. economy.

  • Reuters

    EXPLAINER-Keys takeaways from the FinCen Files

    Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money. Britain-based HSBC Holdings PLC and Standard Chartered PLC fell to 25-year lows, while U.S. banks JPMorgan Chase & Co and Bank of New York Mellon Corp were down 4.1% and 4.7%, respectively. 1. What are the FinCEN Files?

  • Families with Special Needs Member Aren't Prepared
    PR Newswire

    Families with Special Needs Member Aren't Prepared

    The importance of estate planning for families with a special-needs member cannot be overstated. Unfortunately, many people are confused anxious and fearful of getting their estate planning work in place. With that in mind, Rob Wrubel, CFP recently published 30 Days to Your Special-Needs Trust. The compact but informative and easy-to-read book provides explanations of terms, importance of government benefits, and recommendations for actions from Wrubel--a special needs planning expert and author who is also the father of a daughter with Down syndrome. Wrubel's previous books were the award-winning and best-selling book "Financial Freedom for Special Needs Families: 9 Building Blocks to Reduce Stress, Preserve Benefits, and Create a Fulfilling Future" and "Protect Your Family: Life Insurance Basics For Special Needs Planning."

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