The terrorist attack in Barcelona may have shaken up Europe, but its effects on US markets appeared to be negligible. The Dow was down over 274 points, posting its biggest one-day loss in over three months. Domestic concerns seemed to be the primary cause for that, however, with disappointing business earnings numbers distressing investors. Further concerns over shakeups within...
Former Federal Reserve Chairman Alan Greenspan warned recently that the bond market bubble is in danger of bursting sometime soon. The originator of the phrase “irrational exuberance” is once again pointing out the dangers of low-interest rates and the likelihood that when rates start rising they will rise rapidly. Greenspan’s Fed and Low-Interest Rates The irony of Greenspan’s most recent comments...
The ongoing war of words between North Korean dictator Kim Jong Un and US President Donald Trump has been escalating in recent days, with North Korea threatening to attack Guam with nuclear weapons...
If you’re nearing retirement, or even just starting to plan for retirement, you’ve probably started putting together a list of all the things you need to do and all the things you need to avoid. Make the right investment choices, diversify your portfolio, save more money, come up with a budget. You think you’ve taken care of every possibility,...
The usual calm that pervades financial markets during August has been shattered in recent days. Investors have become increasingly nervous, stock markets have...
If you’ve been watching stock markets recently, you’ll know that the Dow Jones Industrial Average just recently topped 22,000 points for the first time. It’s a pretty amazing run that...
Financial markets greeted last week’s jobs report enthusiastically. The final numbers came in at 209,000 jobs created, beating the expectations of 183,000. But ....
While much of the focus on savings and investment revolves around retirement, that isn’t the only reason to save money and invest. Money is what allows our society to flourish.
The Federal Reserve began raising its target federal funds rate at the end of 2015. Since then the target rate has been raised by 1%, or 100 basis points.
While the American Dream may be to own a house, that dream is becoming more and more difficult for Americans to achieve. More than half of all Americans...