Federal Reserve rate hikes meant to quell inflation may ultimately have the opposite effect. Authored By Stefan Gleason. Of course, higher borrowing costs will force consumers to scale back and businesses to trim payrolls. A contraction in debt-financed economic activity will in theory cause inflation to fall. However, contrary to popular misconceptions perpetuated by the [...]
Authored By Emily Ekins and Jordan Gygi, Cato Institute Poll: 87% of Americans Worry about the Cost of Housing; 69% Worry Their Kids and Grandkids Won’t be Able to Buy a Home The Cato Institute 2022 Housing Affordability National Survey, a national poll of 2,000 U.S. adults, finds that 87% of Americans are concerned about the [...]
Authored By Valuewalk Contributed by Paul Hubbard BY VALUEWALK For the average American, healthcare in retirement will cost more than they have in their entire savings account. And unfortunately, Medicare won’t help. Healthcare, of course, is the single biggest line item that most retirees need to prepare for. Recently, a study released by the EBRI (the Employee Benefit Research [...]
Bank shenanigans are ramping up. Keep your eyes on the banks and watch for anything "weird" with your account. https://www.youtube.com/watch?v=pxvJUJPiHgU
by Daniel Stewart A rapidly shifting demographic means more Americans than ever will need some form of long-term care or a stay in a nursing home. Unfortunately, few of us are prepared for the escalating expenses of long-term care. Long-term care expenses are one of the prime reasons seniors run out of money when they [...]
Authored By Erich Wagner The latest legislative proposal to block presidents from unilaterally stripping federal workers of their civil service protections creates additional barriers to reclassifying employees. FEBRUARY 14, 2023 ERICH WAGNER This story was updated at 4 p.m. to include additional information about the House version of the bill and additional reaction. Lawmakers in [...]
by Sean Sparkman As an investor in today's chaotic economy, you're probably aware of the constant threat inflation poses to your wealth. Over time, you've seen the value of your cash eroding before your eyes as prices rise, and it's more challenging to maintain your standard of living. Treasury Inflation-Protected Securities (TIPS) may protect your [...]
By Kenneth May Given our current economy, it's understandable that more online shoppers are looking for more flexible, creative ways to finance their lifestyles. One of the most popular credit options is "Buy Now, Pay Later," or BNPL, a type of instant financing first popularized during the COVID-19 pandemic. Strained by job losses and benefit [...]
Created By Greg Hunter, Greg Hunter's USA Watchdog Intensifying War, Enormous Upside for Gold – Charles Nenner By Greg Hunter’s USAWatchdog.com Renowned geopolitical and financial cycle expert Charles Nenner said back in late November, interest rates were on the way down but “for the very short term.” Nenner also predicted that inflation might come down [...]
https://www.youtube.com/watch?v=yG1Gy2PeSK8
By Brian Swerdlow Signed into law in late 2022, the Setting, Every Community Up for Retirement Enhancement (SECURE) 2.0 Act contains dozens of new provisions pertaining to retirement. These changes will likely impact how Federal employees save and withdraw funds from their retirement accounts. Building on the original SECURE Act of 2019, which altered the [...]
You may be hearing a lot lately about ChatGPT. While it might turn out to be a nifty productivity tool, it's not quite ready for use by the Robot Overlords. Still, as a consumer or financial advisor, you'll need at least a basic knowledge of this emerging technology. I found a great introduction to Chat [...]
