Market Commentary 2016 Q3 - The Fed is Punishing Savers and Retirees

For eight years the Federal Reserve Bank has held interest rates abnormally low. The Fed's dual mandate of moderating unemployment and inflation seems to have morphed instead into keeping stock prices high. That has helped Wall Street tremendously but has punished the average person saving for retirement. What we need now is economic growth, and fiscal and monetary changes from Washington, D.C. to reverse the low return environment. In this Q3 2016 Market Commentary, we delve into the results of the Fed’s economic involvement and how it affects the various types of retirement plans.