Financial security is foolproof barometer of true wealth. If you have no money worries, you’re rich at any level of savings. Yet the vast majority of Americans are not confident in their financial security. More than 40% of us couldn’t pay $400 to handle a financial emergency. Around a quarter of Americans describe themselves as […]
It is often said that the difference between a poor man and a rich man is that the former works for money, while the latter makes his money work for him. Billionaires always seek manage to multiply their wealth. They spot money-making opportunities earlier than others and make investments that grow in value over time. […]
Several economists and finance experts have been warning that another global financial recession could occur by 2021 for some time. In August 2019, more than 72% of the economists surveyed by the National Association for Business Economics predicted that a global recession will occur by 2021. Three out of every four economists surveyed agreed on […]
The agricultural trade war between the United States and China has exacerbated American farm bankruptcies to levels unseen since 2011. According to the American Farm Bureau Federation, the country’s largest farm advocacy organization, around 580 farms filed for Chapter 12 bankruptcy from January 2019 to September 2019. Businesses must repay creditors within five years of […]
Many mistake a slowing economy with an economy that’s going into recession. Stimulus from lower interest rates has offset slowdown from trade, at least in the United States. Conditions are ripe for a multi-month rally One of the persistent themes of 2019 has been constant chatter about an imminent recession. The irony is that this […]
Exchange traded funds (ETFs) and index funds both have their own merits and limitations. Determining which of the two investing strategies is best for your portfolio will depend on a number of factors as well as your personal goals as an investor. An ETF is an investment fund that holds assets such as stocks, bonds, […]
If the idea of assuming the debts of others is a good business strategy, then business must be good. Americans are drowning in waves of self-perpetuating debt unseen by experts in decades. According to data compiled by The Federal Reserve Bank of New York, Americans had collectively racked up $12 trillion by Q1 of 2017. […]
Ed Yardeni has been a longtime notable stock bull. That’s why it was startling when Yardeni recently came out and said even he believes stocks are becoming too expensive. “I just don’t want too much of a good thing here, ” Yardeni said. “I’d like this bull market to continue at a leisurely pace, not […]
The rise of the online goliath Amazon has changed the shopping habits of Americans and in the process, upended the traditional retail sector. Many department stores are trying hard to adopt; others are struggling and may soon join Sears in the graveyard. The watchword now is adapt or die
Blackstone strategist Joseph Zidle believes that he has identified the “mother of all bubbles” — the sovereign bond market. Zidle wrote back in August that “negative-yielding bonds total over $16 trillion globally.” The strategist identifies three ways that an investor can lose money when investing in a negative yield bond: 1) Lost principal when the investment is held […]
