Chart of the Month
CD Income Doesn’t Go As Far As It Used To
Income on a $100,000 6-Month CD
CDs are insured by the FDIC, offer a fixed rate of return, and are generally designed for short-term savings needs. The principal value and investment return of investment securities (including mutual funds) are subject to risk, will fluctuate with changes in market conditions, are generally considered long-term investments, and are not suitable for all investors.
1 Data Sources: Federal Reserve, BankRate.com, and Hartford Funds, 4/19
2 Source: cjponyparts.com, retrieved 3/19
3 Source: ford.com, retrieved 5/19
Stat of the Month
Data Sources: Morningstar and Hartford Funds, 6/19. Money market funds includes taxable, tax-free, and prime money markets.
Global Investment Strategy
from Nanette Abuhoff Jacobson
Regardless of near-term developments on the trade front, I expect growth to slow and think investors should consider more defensive positioning.
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