Market Summary 3Q21

2021 estimates as outlined in the FOMC’s Summary of Economic Projections Evergrande, China’s second largest real estate developer by sales, is on the brink of collapse after the country’s central bank tightened credit and tried to address its overbuilding problem. As China continues to tighten, it wouldn’t be a surprise to see more leveraged companies […]

Plan Legislative and Regulatory Update 3Q21

The Supreme Court has agreed to hear Hughes v. Northwestern University, a case involving allegations related to excessive investment and recordkeeping fees. The plaintiffs in the case claim that Northwestern University breached their fiduciary duty of prudence under ERISA by forcing plan participants to pay excessive recordkeeping fees and offering mutual funds with higher fees…(Click […]