Month: November 2019


November

2019

AI to Analyze Financial Markets

Artificial intelligence has made great strides in analyzing financial data. While the opportunities are incredible, machine learning faces complex challenges. Markets are dynamic and the way market participants act and react to new information adds complexity to the feedback effects. Blu Putnam, chief economist at CME Group, explains why diverse and collaborative teams are key to effectively using machine learning in financial market analysis in a recent video posted on MarketWatch. Keep in mind while watching this short video that it was created and provided by a sponsor. Neither Dow Jones nor the news or advertising departments of MarketWatch were involved in the creation or review of this content. Please watch this new video to get a glimpse of what financial markets could be in the future. 11.21.19

When can kids play contact sports?

The question of “when can our kids start playing contact sports?” has come up in a few times in some client meetings. Recently, the Associated Press published an article on MarketWatch that may help many parents across the country decide when is too soon. Pediatric experts in sports medicine, neurology and related fields evaluated and rated three decades of sports concussion-related research. Recent evidence has filled in many of the blanks in research. Here is what we found most interesting among their conclusions: kids should be taught collision techniques before beginning play in contact sports and that evidence is inconclusive on whether multiple childhood concussions are linked with long-term neurological changes. A member of Chicago’s Lurie Children’s Hospital, Cynthia LaBella, emphasized to the Associated Press that concussions can happen in all recreational activities and said the physical, mental and social benefits of playing organized sports outweigh the risks of any injury, including concussions. Hopefully this may help you decide when to let your children play contact sports. 11.11.19

On Track to Retire?

Do you know where you want to retire? The fact is, most of us don’t. Shawn Langlois, a social-media editor for Market Watch, breaks down some of the best states to retire in based on financials. Nationwide, the average yearly expenses for someone over the age of 65 is $51,624. Mississippi has the lowest annual expenses at $44,758, while Hawaii has the highest annual expenses at $99,170.  Taking into account life expectancy as well as yearly expenses, the average savings required for retirement in the U.S. is $904,452. States in the Northeast and the West require the highest savings for retirement, at over $1 million, while states in the South and the Midwest require the lowest savings. What steps are you taking to save for your retirement, and what policies do you think should be put in place to help Americans retire comfortably? Please let us know. If you’re looking for a bit more information about this topic, visit this more detailed analysis of the costs of retiring in each state.  11.05.19