By Paul Morrone, CFP ®, CPA, MSA
The change of pace within the internet of things never ceases to astonish me. Back in the day when Netscape Navigator was the browser of choice and green bar printers were still a thing, a well-designed website was limited to some text content, a solid colored background and maybe some pictures if you wanted to get crazy.
Recent headlines have been quick to report a global sell off in equity securities. While there are many variables seeking to disrupt capital markets, only a handful may be attributed to the significance of the recent pullback in asset pricing.
The three fears most aggressively permeating equity markets have resulted in the tightest range of returns for the S&P 500 in the last 50 years:
As you may be aware, the insurance company Anthem Blue Cross Blue Shield suffered a cyber-attack on January 26, 2015. As a result of the breach, personal information about policy holders, current and former employees was compromised. This data includes names, addresses, social security numbers, birth dates and emails among other identifiable information. To date, it has Anthem has confirmed that medical information has not been accessed.