October 17, 2019
Asked whether those involved in Bitcoin had satisfied his initial concerns regarding a Bitcoin ETF, Securities and Exchange Chairman Commission (SEC) Jay Clayton stated: “The short answer is yes, but there’s work left to be done.” The cryptocurrency …
October 16, 2019
Jefferies analysts recently revived an economic theory that the oncoming wave of baby boomer retirements could usher in a stock market “dark period.” The theory goes that as boomers liquidate equity holdings in a mass exodus there could be a …
October 15, 2019
Top tech analyst Andy Hargreaves of Keybanc Capital Markets no longer sees Apple stock as a compelling investment as the company shifts from its device-driven revenue model to one that emphasizes its services revenues. Hargreaves warns that the …
October 14, 2019
Does the world need a 50-year U.S. bond? The U.S. budget deficit ballooned past $1 trillion during fiscal year 2020, which started Oct. 1. One of the reasons the deficit is growing is the Tax Cuts and Jobs Act President Donald Trump signed into law …
October 13, 2019
In a 2009 article titled “The Psychology of Social Status,” economist John Harsanyi is quoted as saying that “apart from economic payoffs, social status seems to be the most important incentive and motivating force of social behavior.” In other …
October 12, 2019
The fund automatically reallocates the bond to equity percentage weighting in the retirement account. Given their popularity, TDFs have had an out-sized impact on the market. In no small measure, these automated funds have helped support the 10-year …
October 11, 2019
As of May 2019 the U.S. unemployment rate was 3.6%, the lowest in five decades. Fewer than 6 million Americans are unemployed. Yet those numbers don’t reveal the quality of available jobs and the reality of wage stagnation. The average American …
October 10, 2019
When the markets are volatile, protecting your money against inflation can be challenging. Many people make the mistake of ignoring inflation. It may not amount to much in a single year, but over a period of two to three decades you could actually …
October 9, 2019
Many people who shop on Amazon view the online retailer as if it were a uniquely American Internet department store, a place where products for sale meet U.S. regulatory guidelines for consumer safety. The latest revelations are but another example …
October 8, 2019
Recessions are typically accompanied by job losses and declining stock markets, which can make it tough for the average individual to meet their short- and long-term financial goals. With the following steps involving some financial planning and …
