Fresh rate-hike rumors will be testing investor nerves this week
Breakfast with Benjamin: Investors' nerves tested by rate hike talk this week. Plus: Most of the world's major oil projects are doing just fine at current price levels, retirement savings in a nutshell, and the chokehold of consumer debt.
- The Fed’s first rate hike since 2006 suddenly seems imminent to investors. The question is, does the Fed buy into the rosy unemployment data? Major equity indexes pull back in response to strong jobs data
- Even at current price levels of around $50 a barrel, most of the world’s major oil projects are still above the break-even point. Most unsettling is that some countries can turn a profit even if the price drops below $5 a barrel
- Retirement savings in a nutshell: Keep it simple and keep it cheap. Over the long term, most diversified investment allocations will perform about the same
- The consumer debt choke hold is difficult to escape. The long-lasting pain of compound interest
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