Stock Markets Continue to Reach Records
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...
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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...
If you’ve ever read mainstream financial advice, you’ll notice that gold is hardly ever mentioned as an investment asset At best, you might find some advisers who recommend holding 4-5% of a...
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...
Millions of Americans actively plan for retirement and arrange their finances with that end in mind But as daunting as retirement and the loss of steady income can seem, for most people that won’t...
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...
A recently-published study has shown that the United States is falling behind a number of other developed countries when it comes to retirement security The study focused on several factors that play...
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...
A recent survey has shown that baby boomers have far less money saved up in their defined contribution plans than they should That survey found that baby boomers averaged around $263,000 in savings...
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...
Millions of Americans, particularly those who work for school districts and government agencies, depend on pension plans for their retirement income They worked for decades, in some cases accepting...
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,...
Federal Reserve Chairman Janet Yellen made headlines recently for her comment that we will never see another financial crisis within our lifetimes It’s mind-numbing that someone in her position...
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...
Even though retirement planning is the most prominent financial issue facing seniors, it isn’t the only one There are all sorts of pitfalls seniors may face that they need to be aware of as they...