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

Mentioned Topics:

• GDP Report

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.

• Public Pension Funds

In an effort to increase their performance US public pension funds have been putting more dollars into higher risk private equity.

• Oil Companies

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. 

• CFP® Harrison Johnson: Inheriting Annuities