Big Short Investor's Warning About Interest Rates in 2024 from if interest rates rise bonds Watch Video

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A brief discussion of the recently published April 2021 minimum present value segment rates, and how they may impact the consideration of lump sum pension deferral for recent or prospective retirees. nnFor more information or to speak with an advisor, please visit theretirementnetwork.com or get in touch at info@theretirementnetwork.com.nnDisclosure: The Retirement Network and AT&T are not affiliated in any way.The opinions voiced in this material are for general information only and are n
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Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.<br/>CNN reports that United States stocks dropped on <br/>April 12 amid rising tensions in the Middle East pushing <br/>traders to seek safe havens like gold and bonds.<br/>CNN reports that United States stocks dropped on <br/>April 12 amid rising tensions in the Middle East pushing <br/>traders to seek safe havens like gold and bonds.<br/>By mid-afternoon, the Dow had fallen <br/>1.4%, the S&P 500 went down 1.6%, <br/>and the Nasdaq dropped 1.8%.<br/>The dip came after the White House announced <br/>that both the U.S. and Israel are on alert for <br/>a potential attack by Iran or its allies.<br/>The dip came after the White House announced <br/>that both the U.S. and Israel are on alert for <br/>a potential attack by Iran or its allies.<br/>The warning comes after Iran <br/>accused Israel of a deadly airstrike <br/>on a consulate in Damascus, Syria. .<br/>The news also sent oil prices up amid <br/>fears of regional tensions escalating <br/>as a result of the ongoing war in Gaza. .<br/>The news also sent oil prices up amid <br/>fears of regional tensions escalating <br/>as a result of the ongoing war in Gaza. .<br/>Brent crude futures jumped up to $90.42 <br/>a barrel, and West Texas Intermediate crude <br/>futures increased to $86.65 a barrel.<br/>Those geopolitical concerns and subsequent <br/>rising oil prices sent investors to safe havens like <br/>gold futures, which rose to $2,379 a troy ounce.<br/>Those geopolitical concerns and subsequent <br/>rising oil prices sent investors to safe havens like <br/>gold futures, which rose to $2,379 a troy ounce.<br/>CNN reports that Americans' opinions of <br/>the economy have dipped in the past few <br/>months amid persistently high inflation.<br/>The geopolitical fears come as investors are already <br/>contending with concerns that the Federal Reserve could <br/>wait to bring interest rates down from a 23-year high.<br/>Officials at the Fed have signaled that further rate <br/>hikes could still be on the way if the central <br/>bank's efforts to fight inflation stall.
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A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual percentage yield, is the amount of interest earned on an account in one year. The APY for high-yield savings accounts can be anywhere from 3% to over 5% — much higher than that of a traditional account. <br/><br/>Savings rates have been on the rise following a series of interest rate hikes by the Federal Reserve, as the central bank has sought to reduce inflation. The Fed opted to raise rates at the last meeting, raising the federal funds rate, a key bank lending rate, to a target range of 5.25%-5.50%. Experts believe that the Fed may raise rates again at the next meeting. Higher interest rates could potentially increase savings rates further, so many recommend locking in rates now while they're on the rise. Over time, rates will decrease as inflation cools.<br/><br/>Since the rate of return on high yield savings accounts is better than that of traditional savings accounts, you'll be able to accrue more cash over time. You can use our tool, in partnership with Bankrate, to compare savings rates today.
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