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While the post-2016 performance of markets made more 401(k) millionaires than ever before, not everyone benefited from this rising tide And with inflation now taking a big bite out of the purchasing...
It seems that every day continues to bring more bad news about the future of the economy and the state of Americans’ financial health With inflation remaining elevated, and the Fed continuing to...
Central bankers around the world, including the US Federal Reserve System, are facing a dilemma With inflation at 40-year highs, and hitting double digits in some countries for the first time in...
With the Federal Open Market Committee set to meet for the first time since its summer recess, all eyes are on the Federal Reserve Markets are expecting another 75 basis point rate increase, but a...
There are two things about inflation that are certain The first is that it’s a huge problem for millions of Americans The second is that no one knows which way inflation rates are going to move And...
Now that summer is coming to an end, kids are back at school, and businesses are gearing up for the end of the year push, things are getting back to normal as far as the economy goes Or at least...
With inflation at the highest levels we’ve seen in 40 years, American consumers are dealing with issues that they haven’t seen on a large scale in decades Among those is...
In a recent NBC News poll, 74% of Americans think that the country is on the wrong track, and only 21% think the country is heading in the right direction That’s a sobering statistic, and one that...
If you follow markets on a daily basis, you might be forgiven for thinking that everything is going just fine with the economy Markets seem to be doing well despite high inflation, shrugging off...
It’s not an exaggeration to say that our country isn’t doing too well right now Just about everything that could go wrong has gone wrong We’re seeing the highest inflation in over 40 years,...
With the news that year-on-year inflation declined slightly in July, markets seemed to take that as a sign that the worst is now over Clearly the Federal Reserve’s rate hikes have been effective,...
After months of constantly rising inflation, discussion of the economy has begun to turn towards the R-word: recession The shock of a first quarter that saw GDP contracting, when everyone expected it...
Once again, official inflation numbers have exceeded Wall Street estimates, with June inflation coming in at 91% Even worse than the rising year-on-year inflation, however, is the 13% month-to-month...
If you’re under the age of 60, you’ve probably only heard about stagflation through tales told by your parents, or through learning about it in economics class Stagflation defined the 1970s, but...
Hardly anyone likes inflation Unless you’re a big-time debtor like the US government, you understand how destructive inflation can be It erodes the value of your money, reduces your standard of...
If you read anything written by cryptocurrency evangelists, you might come away thinking that cryptocurrency is the greatest thing since sliced bread It’s the wave of the future, a currency, store...
More and more people today are showing interest in buying gold They’re worried about the future, fearful that we may be facing another 2008-style financial crisis, and they want to protect their...
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