News & Commentary
All content contained hereunder are provided for informational and educational purposes. Any and all comments should not be deemed as Experiential Wealth delivering individualized financial or investment advice. Our comments are an expression of opinion at the time such comments or opinions are expressed. We are not responsible to update prior opinions or comments on an ongoing basis. In the case of investments, past performance is no guaranty of future returns.
This is the first quarter of 2017 market commentary which represents the current views of Chao & Company, LTD.
As expected, the DoL has issued the 60-day extension to the application of the Fiduciary Rule just in time before the new rule’s April 10th application date. This writing offers a pre-release copy of the extension.
According to Chair Yellen’s March 15, 2017, press conference opening statement, a modest increase in the federal funds rate is appropriate due to...
Here we have highlighted the changes from the March 15, 2017, press release.
On March 3, 2017, FOMC Chair Yellen delivered her “From Adding Accommodation to Scaling It back” speech at the Executives’ Club of Chicago. Here is a brief synopsis.
Chief Judge Barbara Lynn of the Northern District of Texas granted motion for summary judgment in favor of the Fiduciary Rule and BICE.
President Trump has instructed the Secretary of the DOL to rescind or revise the fiduciary rule after conducting an impact study. We have laid out where we go from here.
Philip Chao was mentioned in the book Successful Defined Contribution Investment Design: How to Align Target-date, Core, and Income Strategies ...
Here is the updated FAQ released by the DOL on their conflict of interest rule.
Here is the updated FAQ document from the DOL regarding its Conflict of Interest Rule.
Here we have highlighted the changes from the February 1, 2017, press release.
Here is Chao & Company’s market commentary for the 4th quarter of 2016.
Here we have highlighted the changes from the December 14, 2016, press release.
On December 16, 2015, the FOMC raised rates for the first time since June 2006. The rise was to signal to the market the start of a new phase in monetary policy by the FOMC
After witnessing Donald Trump's aggressive Presidential campaign, Philip Chao easily drew comparisons between the campaign and the lessons he's learned from years of investment management.
With the DOL‘s new fiduciary rule and the introduction of the Best Interest Contract prohibitive transaction exemption, questions have arisen regarding the definition of "reasonableness" when a fiduciary deals with plan fees and costs.
Here we have highlighted the changes from the November 2, 2016, press release.
Here is the DOL's FAQs document on the new conflicts of interest rule.
On October 27, 2016, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2017. The following is a comparison of the 2016 and 2017 limitations.
Here is Chao & Company’s market commentary for the 3rd quarter of 2016.