MAY 2024

Our first article from Janney equity strategists details investment themes for the next decade. This piece reviews the major secular investment trends that will influence the economy and markets in the coming years. Let us know if you have any questions or thoughts on how these trends may impact your investment strategy.

Beginning to plan for a child’s education can seem like a daunting task. With the costs of college rising as much as 5% per year, the time to start saving and planning is now. For example, the national average cost of a:

• Four-year public university today is $25,280 per year. In 18 years, that cost might be as much as $69,062 per year, or $276,248 total for four years.
• Four-year private university today is $57,440 per year. In 18 years, that cost might be as much as $156,919 per year, or $627,676 total for four years. 

A 529 Education Savings Plan (529 plan) can be a great way to save for your children's or grandchildren’s education. Our second article outlines some of the key benefits of a 529 plan.

This month's "What's Happening Now" section shares stories on 12 summer destinations that are perfect for couples, how the founder of Toms Shoes went on a retreat with other entrepreneurs to combat his loneliness and depression, and the 10 most tax-friendly States for retirees.

We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments. 

Investment Themes for the Next Decade

This piece reviews the major secular investment trends that will influence the economy and markets in the coming years.

Tips for Leveraging 529 Education Savings Plans

You’re proud of the children in your life. And understandably, you may want to reward them with one of the best gifts you can give — supporting their education.

What's Happening Now

12 Summer Destinations That Are Perfect for Couples

Founder of Toms shoes went on a men’s retreat to combat his loneliness and depression

10 Most Tax-Friendly States for Retirees

Market Update

Stocks ended April lower, with each of the benchmark indexes enduring their first downturn in several months. Throughout April, investors had to factor in the escalating crisis in the Middle East, increased spending to support Ukraine in its war with Russia, rising inflation, and the Federal Reserve's apparent intent to hold interest rates at a two-decade high. With April's decline, the S&P 500 was on track to end a streak of five straight monthly gains. Consumer confidence (see below) fell in April to its lowest level since 2022. While the labor market continued to support job growth, labor costs increased the most in a year, driven higher by wage pressures that are helping to push inflation higher. 

Market update provided by Broadridge Investor Communications Solutions, Inc.