Closing out the first half of 2017

As we close out the first half of 2017, many of the major U.S. equity indices are at or very near all-time highs, equity market volatility is exceptionally low (Vix hovering around 10), unemployment, at just 4.3%, is at levels not seen since mid-2001, and inflation, although creeping upwards ever so slightly, remains benign. At the same time, the yield curve is flattening as intermediate and longer term bond yields are trending lower once again as are the prices for some commodities – most notably oil which is now below $44/bbl.

 

 

Possible Changes are Coming….

We wanted to make you aware of possible changes that may be coming to BLB&B due to a variety of governmental regulations that were approved in 2016 and are supposed to take effect in 2017. As you may already know, last year the Department of Labor (“DOL”) passed over a thousand pages of new regulations related to the investment industry. These regulations have the potential to fundamentally change how our industry and the firms within it operate. Probably the most visible change on the horizon relates to retirement accounts (401Ks, 403Bs, IRAs, etc.).