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Mercer’s Third Quarter 2020 Market Review

as of September 30, 2020 Economic indicators showed a stronger than expected cyclical rebound over the third quarter. Measures of global trade, consumption, industrial production and employment continued to recover. Household spending has remained robust, partly due to fiscal support. Positive news around improved treatments and vaccine development and deployment could speed the recovery. While … Continued

ARTICLE: The Value of Advice

You’ve probably heard the phrase “hope is not a strategy.” The definition of hope is “to want something to happen or to think that it could happen” (Merriam-Webster). When it comes to saving for a financially secure retirement, many statistics would suggest that we rely more on hope than we do on strategy. We hope … Continued

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Mercer’s Second Quarter 2020 Market Review

as of June 30, 2020 During the second quarter, the global economy experienced a recovery in economic activity off of a very low base as lockdowns were relaxed. The strong monetary and fiscal response from around the globe has helped to mitigate some of the economic damage. The U.S. unemployment rate spiked to 14.7% before … Continued