Hammond discusses the current economic landscape and presents his insight on how investors can stay focused on their long-term retirement goals, despite the uncertainties that lie ahead. He is a member of the Forbes.com Intelligent Investing Channel’s All-Star Panel and has been quoted in many busin…
Brett Hammond, managing director and chief investment strategist for TIAA-CREF
As the retirement service provider for The University of Alabama, TIAA-CREF supports the financial well-being of those working in the academic, medical, cultural and research fields, and provides an expanding range of investment and insurance products. The “Great Recession” may have run its course, but the road ahead for the economy and the markets may still have some twists, turns and unexpected speed bumps ahead. While GDP is up, personal incomes are down. Corporate profits have risen, but job creation remains elusive. Meanwhile, interest rates and inflation may be poised to rise. Given the mix of economic signals, what does the path to long-term recovery look like? In a post-recession environment, do we need to reinvent the way we plan and save for retirement? Where can we turn for a sense of direction and guidance to navigate the new challenges looming on the horizon?