GDP Report, Public Pension Funds, Oil Companies, CFP® Harrison Johnson: Inheriting Annuities

<p class="yiv3457536075MsoNormal">Mentioned Topics:</p> <ul><li class="yiv3457536075MsoNormal">GDP Report</li> </ul> <p class="yiv3457536075MsoNormal">The GDP report came in very strong this morning as Q4 saw an annualized growth rate of 6.9% which blew past the estimate of 5.5%. While this is a positive, there was a large gain of 32% from private domestic investment which is a gauge for business spending and inventory build.</p> <ul><li class="yiv3457536075MsoNormal">Public Pension Funds</li> </ul> <p class="yiv3457536075MsoNormal">In an effort to increase their performance US public pension funds have been putting more dollars into higher risk private equity.</p> <ul><li class="yiv3457536075MsoNormal">Oil Companies</li> </ul> <p class="yiv3457536075MsoNormal">People are concerned about investing in oil companies because they believe there is a very short timeframe before the EV market will reduce oil consumption. </p> <ul><li class="yiv3457536075MsoNormal">CFP® Harrison Johnson: Inheriting Annuities</li> </ul>