Inflation Keeps Rising, Hits 40-Year Highs
To no one’s surprise, the latest inflation figures that came out Friday hit the highest level seen since 1982 Prices year on year increased 68%, a further increase from the 62% mark seen last month...
Showing 21 of 532
To no one’s surprise, the latest inflation figures that came out Friday hit the highest level seen since 1982 Prices year on year increased 68%, a further increase from the 62% mark seen last month...
One of the hallmarks of stock market euphoria is the growing belief that markets can’t possibly ever go down When the good times roll, millions of people think that they’ll keep rolling forever...
To anyone who thought inflation was just transitory, the most recently published inflation figures probably came as a punch in the gut Not only is inflation not transitory, but it continues to rise...
If you thought that 2021 would provide a return to normality, a turning of the corner from the events of the last year, you’re probably shaking your head wondering what has happened Rather than...
It has become increasingly obvious that the US economy is faltering and on the verge of another recession or financial crisis But the question everyone wants to know is when it will happen And when...
On the heels of very disappointing inflation numbers, gold and silver have seen some of their best performance of the year Short-term profit-taking notwithstanding, the outlook for both gold and...
After months of hearing how inflation is transitory, it is finally becoming clear to just about everyone that inflation is anything but transitory The latest inflation data showed that prices rose...
While inflation has dominated the thoughts of consumers and investors for the past few months, another threat is facing the economy today – supply chain disruptions Over the past several decades,...
One of the issues facing the purchase of any sort of asset is the uncertainty of its price Every purchaser or investor hopes to buy low and sell high, but it doesn’t always work out that way And...
When it comes to investing in an IRA, most investors are probably familiar with the most common investment options, such as stocks, bonds, mutual funds, CDs, etc It’s probably safe to say that most...
Rising inflation is something that neither consumers nor investors have had experience with in decades For years official inflation rate figures have hovered at or below 2% annually Federal Reserve...
With a federal government that is pushing ever closer to a $30 trillion national debt, and that has seen two consecutive fiscal years with deficits exceeding $3 trillion, the pressure to close that...
Millions of Americans invest for their retirement through workplace-sponsored 401(k) retirement savings plans The 401(k) has largely replaced the pension plans that used to exist among private...
With a debt of over $28 trillion and counting, you would think that the federal government would realize that it has a spending problem Yet every time there’s a crisis surrounding the national...
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...
It’s not a stretch to say that President Biden is embattled His unwillingness to do anything tough and his reactions to crises leave much to be desired And increasingly Biden is acting like a...
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...
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...
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...
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,...