 Headlines
- Oil Prices Rise Ahead of Election
Former U.S. Attorney General Janet Reno Dies at 78 - Earthquake Hits Central Oklahoma
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Women, Wealth, and Legacy Planning
Whether nurturing the values of children, fulfilling charitable goals, or making investment decisions that affect their own as well as their  beneficiaries' financial security, women play a central role in establishing and preserving family wealth. Consider these statistics:
- Women now control more than half of the investment wealth in the United States.
- 48% of estates worth more than $5 million are controlled by women, compared with 35% controlled by men.
- Some estimate that by 2030, women will control as much as two-thirds of the nation's wealth.
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The Markets
Markets hate uncertainty - and that may create opportunities.
Last week, investors experienced another bout of election jitters, and the Standard & Poor's 500 (S&P 500) Index fell for the ninth straight session.  The CBOE Volatility Index (VIX), a.k.a. the fear gauge, which measures the expected volatility of the S&P 500 during the next 30 days, was up more than 40 percent for the week. The shift in the VIX reflected investors' concerns about stock market performance after the election. Many think the next four weeks will offer a rough ride.
That may prove to be the case; however, all of the election hoopla and hyperbole has obscured some positive news. So far, the third quarter earnings season has been going well.
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By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
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