Most older Americans can remember the days when the dollar was king. You could go anywhere in the world and dollars would be eagerly accepted. Goods and services could be …
Tag:
economy
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It shouldn’t come as a surprise that only about 10% of the U.S. population can pass a financial literacy test when only five states get an A on teaching young …
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It was not at all surprising to me to find out that 61% of Americans are financially illiterate. Some states are worse than others and it should come as little …
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Anyone alive back in the 1970s remembers the term “stagflation” that went around a lot in those days. Stagflation was basically an amalgam of the unemployment rate, plus the inflation …
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Yes, the double digit stock market increase gravy train is over, probably for a long time. What we’ll see instead are years of returns that are normal to slightly below …
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It’s risky calling ups or downs on the stock market because, to quote Jeb Bush, stuff happens. Were one to suggest that stocks are due for an irregular recovery the …
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If you have more than $1,000 in cash in a savings account, congratulations, you’re part of a thrifty minority in America. According to a survey by GOBankingRates.com and supported by …
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There are a lot of factors that feed into wealth and poverty. There’s an unfortunate tendency to look upon poor people and think that they are poor because they’re lazy …
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The stock market, for years a friend to anyone with money in the market, has now turned. Flat is the new up and down is the new normal. On the …
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Normally stocks zoom and the bond market waffles when the Fed puts off an interest rate hike, but today we see why investment advice always contains the phrase “past results …