Chart of the Week: Get a Job with the Right College Major

Chart of the WeekWith jobs seemingly harder to come by and employers being more selective with perspective candidates, it might help to know which college majors will make you more employable. According to a recent survey conducted by Express Employment Professionals, business (27%), engineering (20%), and accounting (14%) were the majors that made people most employable. It is the second consecutive year that business was the top major for jobs in the survey.     Continue reading

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After Your Last Paycheck, Taxes Don’t Retire

What are the largest expenses you’ll face in retirement? Housing and health care are the obvious answers, but taxes could take a chunk out of your retirement nest egg.

Download the full infographic for more tax facts and tips for retirement.

taxes

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Check Out the Q4 2014 CIO Insights and Podcasts

Miss this quarter’s CIO Insights? Click on each chief investment officer’s blog post below to listen to the full text, or download the podcasts from iTunes (search “CIO Insights”).

CIO Insights: Global Economic Divergence
G. David MacEwen and Victor Zhang, Co-Chief Investment Officers

CIO Insights: U.S. Handing QE Baton Off to Europe
Mark Kopinski and Keith Creveling, CFA, Co-Chief Investment Officers, Global and Non-U.S. Equity

CIO Insights: Diversifying with Global Credit
G. David MacEwen, Co-Chief Investment Officer

CIO Insights: Don’t Sleep on Rising Rate Dividend Investing
Phillip N. Davidson, CFA, Chief Investment Officer, U.S. Value Equity

CIO Insights: Accelerating Through Choppy Markets
David Hollond, Chief Investment Officer, U.S. Growth Equity – Mid & Small Cap

CIO Insights: Two-Speed Recovery Puts Premium on Diversification
Scott Wittman, CFA, CAIA, Chief Investment Officer, Asset Allocation & Disciplined Equity

CIO Insights: U.S. Natural Gas: Changing Global Fortunes
Greg Woodhams, CFA, Chief Investment Officer, U.S. Growth Equity – Large Cap

CIO Insights: Benefits of a Balanced Approach
Scott Wittman, CFA, CAIA, Chief Investment Officer, Asset Allocation & Disciplined Equity

Diversification does not assure a profit nor does it protect against loss of principal.

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CIO Insights: Benefits of a Balanced Approach

Scott Wittman

Scott Wittman, CFA, CAIA, Chief Investment Officer, Asset Allocation & Disciplined Equity

Throughout the previous Q4 2014 CIO Insights blog posts, there has been a great deal of discussion about the divergence in economies and financial markets around the globe. This theme is readily apparent when looking at the performance of the U.S. economy, currency, and stock market relative to those of other developed economies.

What’s less obvious amid these new highs is the turmoil and change within the U.S. stock market itself. We think this rapid rotation among investment styles and sectors argues for a disciplined, balanced approach.

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Chart of the Week: Roommate Is the Word, Have You Heard?

Chart of the WeekWith the price of renting a place to live rising faster than most Americans’ paychecks, people of all ages have turned to partnering with another person to cut costs. According to a recent Zillow analysis of 2012 U.S. Census data*, the percentage of American working adults (ages 23 to 65) living with someone other than a spouse or partner rose to 32%, up from 27% in 2006 and 25% in 2000. So many Americans have moved in together that there are 5.4 million fewer households than there would have been under normal market conditions. The change has also bumped the median household size from 1.75 adults in 2000 to 1.83 adults in 2012. Continue reading

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CIO Insights: U.S. Natural Gas: Changing Global Fortunes

Gregory Woodhams

Greg Woodhams, CFA, Chief Investment Officer, U.S. Growth Equity – Large Cap

The natural gas revolution in the U.S. has dramatically changed fortunes for companies across a range of sectors around the world. After a series of large natural gas discoveries, net natural gas imports have fallen precipitously since peaking in 2007, and natural gas now trades well below the price of crude oil. The sharply lower cost of natural gas has created a competitive advantage for a number of U.S. manufacturers relative to their global competitors.

The dynamic for crude has been somewhat similar; however, the discount between U.S. and global crude prices is not as material as the U.S. versus global gas differentials.

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Chart of the Week: It Does Pay—After All—to Have Kids

Chart of the WeekBeing a parent is a lot of work, but there is now evidential proof that it does actually pay to be a mom or a dad. According to a recent study by the Graduate Center of the City University of New York, fathers in their prime earning years—35 to 49 years old—earned more than 50% more than childless men ($54,500 vs. $36,000) of the same age group. Mothers, although not as pronounced, made a 24% higher median annual wage than women without children to the tune of $25,000 compared to $20,165.  Continue reading

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CIO Insights: Two-Speed Recovery Puts Premium on Diversification

Scott Wittman

Scott Wittman, CFA, CAIA, Chief Investment Officer, Asset Allocation & Disciplined Equity

Increasing global economic and capital market integration has helped to align developed nations’ economic cycles over the last several decades. However, this global synchronization has unraveled to some degree, with economies around the world in different phases of recovery, stagnation, and even recession.

This global economic decoupling has important implications for investment strategy, requiring savvy country selection, tactical asset allocation and, at a minimum, more effective diversification. Continue reading

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CIO Insights: Accelerating Through Choppy Markets

David Hollond

David Hollond, Chief Investment Officer, U.S. Growth Equity – Mid & Small Cap

The market environment, while choppy, appears to be improving for stock-specific risk, with the Federal Reserve tapering quantitative easing as a catalyst for future improvement. The number of accelerating stocks continues to increase, which means we have a larger pool in which to choose from amidst the uneven market.   Continue reading

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Chart of the Week: Americans Not Saying “I Do” in Record Numbers

Chart of the WeekCensus and other population data (2012) reveals that a record one-in-five adults (42 million) ages 25 and older had never been married, which is up dramatically from only one-in-ten adults that had not walked down the aisle in 1960. Men are more likely to not have made the marriage commitment than women, but this gender gap has grown from only 2% to 6%. Continue reading

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