Annuities can provide guaranteed protection in a portfolio, says TIAA's Kourtney Gibson

Market Dynamics & Fed Influence - Market reaction to news regarding Lisa Cook was minimal, with a brief dip and recovery of the dollar [2] - The market is closely watching the Fed's actions and their influence on both stocks and bonds, particularly regarding political uncertainty [4] - The bond market is asserting its influence on longer-term rates, indicating a risk premium [4] - US markets are resilient, supported by companies with strong earnings that can be vetted through 10Ks and 10Qs [5][6] Portfolio Allocation & Retirement Planning - TIAA advises retirement participants to adhere to their glide path, focusing on savings and portfolio protection to achieve desired retirement outcomes [7] - Alternatives, including annuities, are gaining recognition, with annuities offering guaranteed protection and the potential for a guaranteed paycheck in retirement [8][9] - TIAA oversees $894 billion in assets [1]