Joel K Bakker

11/25/2020

Markets are being buffeted by opposing forces, which are likely to be resolved in the relative near-term, according to Ameriprise Chief Market Strategist David Joy.

COVID-19 infections, the Trump administration’s legal battles and the lack of additional fiscal stimulus continued to present headwinds for markets.

11/19/2020

Investors are looking past the presidential election and toward a future with a safe and effective COVID-19 vaccine, according to Ameriprise Chief Market Strategist David Joy.

11/16/2020 David Joy The S&P 500® index climbed to a record high last week on rising optimism that a vaccine to fight the coronavirus might soon be available. The index gained 2.2 percent, to close at 3585, eclipsing the previous record of 3580 on September 2. It was the second straight week of hig...

11/13/2020

Reduce your expenses, focus on your total portfolio, and other tips for boosting retirement income in the era of low interest rates.

Low interest rates are a big challenge for retirees today. To help cope, try these three strategies.

11/12/2020

In a new Ameriprise videocast, experts share insights on economic drivers, the stock market, policy implications and year-end tax considerations.

The outcome of the 2020 U.S. election could have long-term effects on taxes, markets and the economy. Our experts share some possible implications for investors.

11/11/2020

This Veteran’s Day, we express our gratitude to all the men and women who’ve served in the U.S. Armed Forces. Thank you for your service.

11/10/2020

With the presidential race called, investors turn their attention to the runoff Senate elections in Georgia.

11/09/2020 David Joy On Saturday, the Associated Press called the race for president in Pennsylvania in favor of former Vice President Biden, giving him more than enough electoral college votes to become the next President of the United States. Biden now has 290 electoral college votes, above the 27...

11/05/2020

Without a final outcome, the election implications for investors remain unclear. Ameriprise Chief Market Strategist David Joy shares his perspective for this uncertain period.

11/04/2020 David Joy At dawn on Wednesday, the votes are still being counted to determine who will be the next President of the United States. The so-called blue wall battleground states of Pennsylvania, Michigan, and Wisconsin, and their combined 46 electoral college votes, will hold the key, as an...

11/02/2020

The timing of election results and the impacts to the markets remains unclear, according to Ameriprise Chief Market Strategist David Joy.

10/31/2020

Wishing you a safe, fun and spooky Halloween!

10/30/2020

Don’t forget to set your clocks back this weekend. What will you do with your extra hour?

10/27/2020

Investors are still watching and waiting for any movement on a new stimulus package, according to Ameriprise Chief Market Strategist David Joy.

10/27/2020 David Joy No movement on a new stimulus package last week left investors watching and waiting. Stocks fell slightly on the lack of movement, with the S&P 500® index losing 0.5 percent. That broke a string of three consecutive weekly gains and left the index roughly flat over the past two...

10/27/2020

Is maxing out your 401(k) enough? For high earners, only saving up to the annual IRS contribution limit may not be enough to meet spending needs in retirement.

How do 401(k) contributions translate into retirement income? Depending on your lifestyle and retirement goals, maxing out your 401(k) may not be enough.