As U.S. stocks move to record highs, market analysts are issuing warnings. Liz Ann Sonders and her team at Schwab take a look at the risks. From a global point of view, the markets seem to be saying a recession is looming. Global growth estimates peaked in March and have been sliding ever since. BlackRock’s Russ Koesterich writes about whether we should expect a recession in the coming months. Despite the pessimism in some quarters, the U.S. economy is performing better. The Atlanta Federal Reserve’s GDPNow forecast model has just issued an update. On a more personal level, trying to help a family member who has dementia with their financial planning can be a challenge. There are steps you can take, however, to protect a loved one’s finances.

Schwab Market Perspective: Stocks Laboring To Move Higher — U.S. stocks indexes finally moved to new record highs—but not exactly in convincing fashion. The bull market continues but there are risks in the near-term that warrant a bit of caution. The U.S. economy continues to look solid, but there are some troublesome signals that could mean a downtick in the growth rate. Read more…

Why Are Markets Acting Like A Recession Is Looming? — During the past three months, U.S. Treasury and German bond yields have fallen approximately 30 basis points (bps, or 0.30%), industrial metal prices have collapsed and defensive sectors, such as healthcare and consumer staples, have trounced their more cyclical cousins, notably energy and materials.  Why are investors behaving as if the economy is slipping towards the abyss? Read more…

Atlanta Fed Lifts U.S. 3rd-Qtr GDP View To 4.7 pct — The U.S. economy is growing at a 4.7 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Tuesday, following the latest data on construction spending and factory activity. Read more…

Financial Planning In The Age Of Dementia — Financial planning around dementia is a complex matter. The disease’s development can be gradual and subtle, or it can progress drastically and abruptly. All of this can sound scary and overwhelming, but there are steps to take to increase financial protection when dementia does occur. Read more…

John R. Day, Bill Ennis, Stephanie Hall and Matt Heller

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