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With inflation continuing to rise, more and more Americans are feeling the pinch in their pocketbooks And with wages and salaries often not rising enough to cover those increased costs, Americans are...
If you’re like many hard-working Americans, you’re probably aware of the importance of saving up for retirement And you’re likely working to build up the largest nest egg you can That’s why...
Two of the biggest expenditures the federal government makes each year are its largest welfare programs, Social Security and Medicare The two programs cost the federal government $19 trillion in...
Markets were expecting the Fed to announce the beginning of its tapering of assets purchases at its latest Federal Open Market Committee (FOMC) meeting And while the Fed didn’t announce tapering at...
It can arguably be said that the current bull market for stocks dates back to the worst part of the 2008 financial crisis, when stock markets bottomed out in 2009 While markets didn’t really mount...
If there’s anything that defines modern life in America, it’s the development of “cancel culture” It’s an outgrowth of the fact that politics has invaded every aspect of our lives Many new...
While the Federal Reserve’s monetary shenanigans may raise the ire of advocates of sound money and good economics, the institution has for the most part avoided the scandals that plague other...
In our modern society, many people take inflation for granted They assume that it’s endogenous to the system, a natural part of market activity And most investors probably believe that inflation is...
We’ve often written about how the next financial crisis might make the 2008 crisis look like nothing That’s not just hyperbole, it’s a real fear But the reasons behind that haven’t always...
Does it ever seem to you that it’s becoming more and more difficult to afford the things you used to Even if you’re bringing in a good income, does it seem like everything you buy just keeps...
You might be forgiven for thinking that the US economy is still strong and in great shape, particularly if you look at stock markets With stock markets having set dozens of record highs this year,...
There’s a reason so many people hang on the words of the Warren Buffetts of the world While not everything that may come out of their mouths is something you should follow, it’s always worth...
Ask most Americans what the bedrock of the American retirement system is and you’ll probably hear that it’s Social Security For over 80 years, the Social Security system in the US has helped...
The term “black swan” has gained great popularity since Nassim Taleb’s 2007 book of the same name The term refers to an event that comes as a complete surprise or shock, and one that has a...
A recession is normally defined as two successive quarters of contracting economic growth And normally once a recession is over, economic growth picks up for at least a few years But today there are...
With the release of the latest minutes of the Federal Open Market Committee (FOMC), the talk of the Fed tapering its asset purchases has returned This time, the fear on the part of Wall Street is...
After the sudden “flash crash” in gold prices a few weeks ago, the gold price has since recovered, with gold rising to the $1,800 per ounce level this week And with the potential to keep rising...
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