The unfortunate truth about hitting the 401(k) cap

(Sam Swenson, CFA, CPA) While the benefits of reaching your maximum 401(k) Well documented, there are still some uncomfortable downsides when investing in an employer’s retirement plan. Although the upside is likely to outweigh the downside when it comes to retirement planning, be aware that a 401(k) is not a complete problem solver as far … Read more

Stocks and bonds ‘disaster discounted’ after investors’ worst streak in 20 years

Things can always go wrong. S&P 500 SPX Index, -1.51% Friday consolidated the worst monthly percentage drop since the pandemic shutdowns in March 2020, but also joined the Dow Jones Industrial Average DJIA, -1.71% and Nasdaq Composite Index COMP, -1.51% The first extended period in the nine-month period held the worst since 2002, according to … Read more

How the next generation of the internet will boost open banking solutions from fintech companies

Although many of us turn our minds to the vast social media applications of metaverse, this new technology landscape extends far beyond the realm of social networking and entertainment and into more traditional sectors. The growth of virtual and augmented reality has enabled the buying and selling of goods In virtual environments, revolutionizing how consumers … Read more

Housing still has “a lot of wiggle room” in the recession, even as mortgage rates near a 20-year high, according to this investor.

Mortgage rates that briefly touched a 20-year high this week are unlikely to implode the US housing market, according to Al Otero, HAUS portfolio manager, Armada ETF Advisors. Instead, a strong hiring background and massive homeowners sitting on the stock cushion after two years of massive price gains will give the housing market “a lot … Read more

How will medical coding evolve in the next 20 years in revenue cycle management?

The world of medical coding has evolved significantly in the past 20 years, echoing the increasingly complex technological landscape of telemedicine, remote patient monitoring, and machine learning. What started as a manual, paper-based process, reliant on “chargemasters”, has transformed in just a few decades into a highly specialized digital process that takes advantage of predictive … Read more

How Children’s Hospital’s Rare Disease Sequencing System Unlocks the Entire Genome

The Children’s Mercy Kansas City The Research Institute announced on Monday that It builds What it calls “the world’s most advanced genetic sequencing system”. This claim refers to the work that Mercy for Children is doing through it Genomic Answers Program for Kids (GA4K). The health system launched the program three years ago with the … Read more

The S&P 500 saw its third drop of more than 10%. Here’s what history shows about previous bear markets hitting new lows from there, according to Bespoke.

Stocks fell sharply after the Federal Reserve announced on Wednesday that it had raised its benchmark rate by three-quarters of a percentage point while battling inflation, with the S&P 500 Index continuing its slide that Bespoke Investment Group described as its third decline. “Where this bear market ultimately lies is anyone’s guess, and events outside … Read more