Plan sponsors that focus on health and wealth are often more likely to implement other benefits that they would not have been considered before, including life insurance, supplemental health benefits, and executive and retiree medical and retirement benefits, Caldwell added.
Innovator ETFs has launched dual directional buffer funds designed to flip the script on market downturns. DDTS and DDFS aim to generate positive returns when the S&P 500 falls within their buffer zones (10% and 15%, respectively), while participating in market gains up to predetermined caps. These ETFs seek to democratize sophisticated institutional strategies, offering advisors daily liquidity, lower fees, and tax efficiency in an accessible wrapper that makes defined outcome investing available across client bases.
Jerome Powell appears to be implying that another rate cut is possible at the Fed's next meeting on Oct. 28-29.