The Fed Doesn’t Understand Real Money
For over one hundred years, monetary policy in the United States has been the purview of the Federal Reserve System Over that period, the dollar’s value has decreased by over 96% as the Fed has...
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For over one hundred years, monetary policy in the United States has been the purview of the Federal Reserve System Over that period, the dollar’s value has decreased by over 96% as the Fed has...
Stock markets took another beating last week as the trade war between the United States and China threatened to intensify After President Trump slapped $50 billion worth of tariffs on China, China...
Most mainstream economic commentary focuses on large headline numbers like the level of the Dow Jones and S&P 500, on the number of jobs created, or on the unemployment rate But far more...
The horrendous stock market performance last week has hopefully put to rest any notions that the Dow Jones will continue pushing upward to set new highs A market that is reliant on easy money for its...
In a worrying sign for the fiscal health of American households, debt levels continue to increase Levels of credit card debt have increased 8% from last year, rising to a total of $905 billion That...
Stock markets continued to reach record levels on Friday as sentiment was buoyed by reports that tax reform proposals had passed their first hurdle in the Senate Many were also cheered by reports...
Most Americans with an opinion on the subject think the free market should set interest rates, not the US Federal Reserve, according to a recent survey from the Cato Institute “Unsurprisingly, a...
Stephen Williamson, an economist at the Federal Reserve Bank of St Louis, joined critics of the US central bank last week by conceding there is no proof that massive intervention in the credit...
Many Americans put money into their retirement accounts and never bother doing anything more than briefly looking through their annual statements They are the very definition of passive investors But...
If you’re nearing retirement, or even just starting to plan for retirement, you’ve probably started putting together a list of all the things you need to do and all the things you need to avoid...
If you’ve been watching stock markets recently, you’ll know that the Dow Jones Industrial Average just recently topped 22,000 points for the first time It’s a pretty amazing run that the Dow...
While much of the focus on savings revolves around retirement, that isn’t the only reason to save money and invest Money is what allows our society to flourish It allows us to purchase goods and...
The combined profits of the ten largest banks in the United States have now reached levels not seen since 2007 They are now within striking distance of eclipsing their previous record profits As we...
One of the common worries that all retirees have is whether their retirement savings will last until they die There’s perhaps no greater fear than running out of money in old age and being forced...
The Federal Reserve last week published the minutes from its most recent Federal Open Market Committee (FOMC) meeting That gives a better insight than the monetary policy statement about the...
If you’ve been watching financial markets for the past couple of years, you’ll know that the signs of a growing bubble are all around us Stock and bond markets have been in bubbles for months,...
A lot of ink has been spilled about the millennial generation, but only recently has there begun to be a discussion about their patterns of saving and investment That’s because the youngest...