50% of retirees left the workforce earlier than planned.*

*2015 Retirement Confidence Survey, EBRI

Only 48% of Americans know how much money to save for retirement.*

*2015 Retirement Confidence Survey, EBRI

57% of U.S. workers have saved less than $25,000 for retirement.*

*2015 Retirement Conference Survey, EBRI

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Revisiting Energy | Weekly Market Commentary | April 15, 2024

Revisiting Energy | Weekly Market Commentary | April 15, 2024

As the first quarter earnings season kicked off on April 12, expectations for the energy sector were decidedly negative. That low bar has tempted analysts to forecast a series of positive surprises as recent data releases for both the U.S. and China suggest a stronger economic underpinning, and the manufacturing sector appears to have bottomed in both countries. Oil demand — and prices — typically follow rising manufacturing and factory output, while rising consumer sentiment normally portends an increase in air travel, which also requires higher oil allocations.

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