Target Date Fund is the New Fiduciary Target

Target Date Fund is the New Fiduciary Target

On August 2, 2022, a class action suit was filed against the 401(k) Administrative Committee of the Microsoft Corporation Savings Plus Plan. The Plan assets were valued at $38.34 billion representing 135,252 participants with account balances. The Plan is a...
Good Economic News is Bad News for the Market

Good Economic News is Bad News for the Market

The current inflationary environment (surging aggregate demand during a period of constrained aggregate supply) is more of a function of the super supportive fiscal policies during the height of Covid. Although the significant expansion of the Fed balance sheet and...