American Bank Profits Close to Record High
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...
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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...
One feature of the post-crisis financial system that is supposed to make the system more resilient to shocks is the introduction of annual stress tests These tests are supposed to model scenarios...
Recent news reports have indicated that President Trump has filled two of the open positions on the Federal Reserve’s Board of Governors One of them, Randal Quarles, was formerly involved in the...
Inflation is a major drain on investment portfolios — and indeed, almost any other financial product Many people don't understand fully how inflation works, so it’s often ignored However, when a...
Saving for retirement can seem somewhat expensive, and when you’re in dire straits, it can be very tempting to raid your 401(k) to pay off credit card bills or pocket funds that are already in your...
Retirement is a key part of most Americans' plans, and many are saving via 401(k)s and IRAs However, different generations save in different ways, and the focus on saving shifts throughout the...
Investing is always a risk You put your hard-earned money into an account hoping it will grow over time However, as seen in 2008, the market can be quite unstable and unpredictable, so making wise...
Retirement and estate planning can be stressful and difficult So, it's not surprising that Americans often times hold off on these tasks But, if you don't take the time to consider financial matters...
Our economy has a problem In fact, it has a number of problems, but one in particular Inflation is increasing significantly faster than income for most people Therefore, even if you’ve gotten a...
Last night, the nation sat on pins and needles as the results of the election slowly trickled in Half the nation cheered in victory, while the other half looked on in terror, as Donald Trump pulled...
image: Sometimes things may look logical, yet just not add up With most of you getting used to gas prices we haven’t seen since the 1990s, it may seem counter-intuitive to suggest that low oil...
The divisive nature of this election has introduced a lot of uncertainty into markets across the board Precious metals and commodities are not totally immune to market insecurity, but there are other...
The toughest part of investing is keeping up with changes in the financial industry Why Because the pace of change is so slow That might seem counter-intuitive at first, but investing is a business...