Bill Losey’s Weekly Economic Update for May 13, 2013
Monday, May 13th, 2013
HOW IS THIS EARNINGS SEASON TURNING OUT?
At the closing bell on May 10, 90% of S&P 500 firms had reported quarterly results. According to Reuters, 67% of them have surpassed earnings forecasts and 24% have fallen short of projections. Should the remaining 50 components report results matching estimates, earnings will be up 5.3% on last year. Sales gains are another story: just 46% of companies reporting so far have beaten their revenue forecasts.
FED RAMPS UP ITS FINANCIAL SCRUTINY
Federal Reserve chairman Ben Bernanke said Friday that the central bank was now keeping close tabs on the …
Retirement Expert Bill Losey Discusses Seven Common Retirement Assumptions
Wednesday, May 8th, 2013
Bill Losey, America’s Retirement Strategist® and 401(k) rollover expert, published a new blog reassessing seven retirement assumptions.
Saratoga Springs, NY. – May 8, 2013 – Bill Losey, author and retirement expert and advisor, recently published a blog discussing seven common assumptions that retirees often make. In this blog, found on his website http://www.BillLosey.com, titled “7 Retirement Assumptions Reassessed”, Bill explains how there is …