|
December 28th, 2023
Insight on Plan Design & Investment Strategy Every Weekday
|
|
|
Year In Review 2023 - Opinions
|
|
Time for SECURE 3.0
|
 |
America has a retirement crisis, and SECURE 2.0 takes some important steps to address it, but they are not enough. 
|
|
|
|
|
Editor's Note
|
During the holiday week, please enjoy compilations of our work from throughout the year. Today, a roundup of PLANSPONSOR’s opinion pieces from 2023.
Find out more about PLANSPONSOR’s 2024 Special Coverage plans on our 2024 Editorial Calendar.
The daily NewsDASH will resume on January 2.
|
|
|
|
|
|
| MARKET MIRROR |
Wednesday, the Dow rose 111.19 points (0.30%) to close at 37,656.52, the Nasdaq rose 24.60 points (0.16%) to close at 15,099.18 and the S&P 500 rose 6.83 points (0.14%) to close at 4,781.58. The Russell 2000 gained 7.02 points (0.34%) to close at 2,066.21, and the FT Wilshire 5000 Index gained 84.07 points (0.17%) to close at 48,493.18.
The 10-year Treasury note increased 31/32, bringing the yield to 3.792%. The 30-year Treasury bond increased 1 31/32, bringing the yield to 3.944%.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ON THIS DATE: In 1065, the original Westminster Abbey, located in London, was consecrated and opened by Edward the Confessor and became the site of coronations and other ceremonies of national significance in England. In 1832, following his election to the Senate, John C. Calhoun became the first U.S. vice president to resign; at that time the Constitution did not have procedures for filling such a vacancy, and the post remained empty until Martin Van Buren was sworn in the following year. In 1918, while imprisoned for participating in a plot to gain Irish independence, Constance Markievicz became the first woman elected to the House of Commons; however, she refused to swear an oath of allegiance to the king and, thus, did not take her seat. In 1923, Gustave Eiffel, designer of the famous Eiffel Tower in Paris, died at age 91. In 1954, actor Denzel Washington—noted for his engaging and powerful performances in such films as “Glory,” “Malcolm X” and “Training Day”—was born. In 1973, U.S. President Richard Nixon signed the Endangered Species Act, which obligates federal and state governments to protect all species threatened with extinction that fall within the borders of the U.S. and its outlying territories. In 2008, the Detroit Lions became the first team in NFL history to lose all 16 games in the regular season. In 2016, actress and singer Debbie Reynolds died, a day after the sudden and unexpected death of her daughter, Carrie Fisher, who was a noted actress and writer.
|
|
|
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
|
|
Copyright ©2024 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
|
|
702 King Farm Boulevard, Suite 300, Rockville, MD 20850
|
|
|
