The Latest Market Commentary From Our Strategists

Main content

Daily Blog

Friday, January 18, 2019

Across the United States, one in five children and adults — 65 million people — will experience a special need or disability during their lifetimes. Without assistance from government programs, non-profit organizations or employers, caregivers often face a tough and confusing journey — especially when it comes to planning for retirement and a lifetime of continuous care for their loved one with special needs.

When working with clients impacted by special needs, it's important to help them fill gaps of coverage without affecting government benefits. A few of the most effective options for caregivers include:

1. Working with a financial advisor who specializes in special needs planning.
2. Enrolling in accident insurance coverage can limit out-of-pocket expenses in the event of a debilitating accident.
3. Using Special Needs Trusts (SNTs) for cash, investments, life insurance proceeds, and other assets can prevent jeopardizing government benefits and preserve the beneficiary's eligibility for needs-based government benefits such as Medicaid and Supplemental Security Income (SSI). Assets held in these trusts are not counted toward eligibility.

For a more complete list of options and more information, please read the full article by Voya Financial Advisors President Tom Halloran in InvestmentNews.

Weekly Commentary & Statistics

Tuesday, January 22, 2019

Markets gained for the fourth consecutive week, notching the biggest four-week gain since October 2011.

Monthly Commentary & Outlook

December 2018

In 2019 we expect, and prudent investors should prepare for, “the storm before the calm” — tighter monetary conditions, uncertainty that includes a “disorderly Brexit” and increasing tensions between China and the United States on multiple fronts. We expect a storm though, nothing more.

  • Exceptionally strong economic growth has prompted the Fed to raise interest rates, reduce the balance sheet and generally to “Rip the Bandaid Off” from a zero rate environment.
  • The subsequent surge in volatility is cleaning house from rampant speculation that needed to be unwound - setting the stage for a healthier and calmer market in the future.
  • Two of the “Big 3” — China and the Eurozone — are struggling for geopolitical reasons but also due to the U.S. regaining its ranking as the most competitive country in the world.
  • Investors should prepare for the “storm” of tighter monetary conditions and greater geopolitical uncertainty but not at the expense of losing sight of our forecasted “calm” outlook.
  • Diversify, be disciplined and do not forget your ABCs — which in our 2019 forecast extend all the way to J-Jobs.

Footer content