The U.S. bond market is at a pivotal point, according to Jeffrey Gundlach of DoubleLine Capital. Will interest rates go higher? He discusses his predictions with Advisor Perspectives. Investors have seen a boost in the numbers of mergers and acquisitions as the global economy continues to improve. Pip McCrostie of Ernst & Young offers analysis on this development and how it may increase the value of some major corporations. For more and more Americans, the best gauge of financial success is whether they will have a comfortable retirement. A new Harris poll reveals how the definition of having “made it” has changed. If elder care is a concern for you or a family member, you’ll be surprised to know that home care costs may be less than the cost of a nursing home. A new study from Genworth details the rising cost of long term care.

Gundlach’s Predictions On Interest Rates– “I’m not really looking for higher interest rates,” said Jeffrey Gundlach, founder and Chief Investment Officer at Doubleline Capital said. “I don’t really see any fundamental reason why they should be higher.”  He also said the consensus is that the Fed will raise rates in September but it’s still possible that the increase will come in June. Part of the reason, he believes, is that the Fed wants to have some room to lower rates if the economy should weaken or go into a recession.  If the Fed raises rates in three or more incremental steps, as some predict, Gundlach said it would be forced to retract and lower rates again. Read more…

Survey: Higher Confidence In Recovery Boosts M&A Appetite– More than half of companies plan to execute acquisitions during the next year, according to Ernst & Young’s biannual Global Capital Confidence Barometer. “Executives express increasing optimism in the global economy, with much broader consistency across geographies than in 2014,” said Pip McCrostie, Ernst and Young’s global vice chairwoman of transaction advisory services. “Companies are preparing bolder moves, including [mergers and acquisitions], to generate future value.” The barometer covers more than 1,600 executives in 54 nations. Read more…

For Americans, A Comfortable Retirement Best Defines Financial Prosperity– Homeownership often is depicted as the “American Dream,” but an AICPA survey finds that Americans view being able to afford a comfortable retirement as the best sign of financial success. More than 4 in 5 respondents said the recession had spurred them to practice better money-management habits. Read more…

Study: Cost Of In-Home Care Rises More Slowly Than Nursing Home Costs– The cost of hiring an in-home health aide is rising less rapidly than the cost of paying for an assisted-living facility or a private room in a nursing home, according to a study by Genworth. The company also states that millennials “are educating themselves on the importance of planning and taking proactive steps to plan for their futures” because they have witnessed some of the financial perils experienced by older generations. Read more…

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

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