July 12, 2018

Three tax savings strategies for a secure retirement to try right now

Individuals who rushed to prepay property taxes after the passage of the Tax Cuts and Jobs Act may have saved some money in 2018—but that’s pennies compared to the long-term tax savings taxpayers should take advantage of before the TCJA’s individual tax provisions are expected to expire in 2026.

July 09, 2018

Market Focus: Inflation data, bank earnings, trade, and Federal Reserve speakers

During a week of strong economic data releases, as well as the implementation of the first tranche of tariffs against Chinese goods and Chinese counter tariffs against U.S. products (already discounted by the markets), markets enjoyed a respite from the escalation of trade concerns, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

July 02, 2018

Millennials’ vision of the future looks beyond flying cars

Fifty years ago, Philip K. Dick’s landmark sci-fi novel “Do Androids Dream of Electric Sheep?” envisioned a 21st century of androids, flying cars and space colonies. What happened? Sure, we have Android phones, but what about our flying cars?

July 02, 2018

Escalating trade tensions have markets defensive as holiday week begins

In this shortened Fourth of July week, tariff-related issues are a major focus as U.S. tariffs against Chinese goods are due to be implemented on July 6, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 29, 2018

Quincy Krosby’s Q3 2018 Commentary: The Road to Normal

We’re in a new environment that could shift if markets sense the Fed is making a policy mistake. This new backdrop calls for caution and selectivity, as companies now must earn investor approval as markets adjust, says Quincy Krosby, Prudential's chief market strategist in her Q3 2018 Market Commentary: “The Road to Normal

June 28, 2018

Congress looks to Prudential for veteran hiring best practices

U.S. congressional leaders listened carefully as Chuck Sevola described Prudential’s collaboration with Workforce Opportunity Services to hire veterans and help them transition to the civilian workplace.

June 25, 2018

Trade, Fed speakers, data releases may be market movers this week

Escalating trade tensions will continue to dominate headlines this week as markets try to determine where this issue is headed, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 19, 2018

Under new tax law, finance leaders show appetite for pension de-risking

The passage of the Tax Cuts and Jobs Act is driving senior finance executives to reduce the liability risks associated with their corporate defined benefit (DB) pension plans. That revelation was one of the important findings of a new study conducted by CFO Research in collaboration with Prudential Financial, focusing on how the new tax law is influencing a range of pension fund-related decisions.

June 18, 2018

Tariff concerns, stress test results, housing data and OPEC may move markets

“This is going to be a busy week for headlines—look for the market to move on every single headline, every single comment out of Washington and China,” Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 14, 2018

Annuities on the upswing as more Americans shift to a post-retirement income mindset

Americans are not just living longer, they’re living younger, active lives. That’s a good thing.

But it also presents a problem. Americans are facing a silent, growing crisis. Retirement is no longer an end-stage; it’s a transition point. And as Americans live longer, active lives, they could have a greater chance of running out of retirement savings.