Fed Keeps Interest Rates Steady; Markets Unmoved
The Federal Open Market Committee kept its target federal funds rate steady last week in a move that was largely anticipated by markets. Markets had priced in previous rate cuts and weren’t looking for another one during last week’s meeting. With stock markets having pushed to new highs since the last rate cut, the pressure from markets for the...
3 Reasons You Can’t Rely on Social Security and How You Can Protect Against That
The Social Security System has operated for over 80 years as a final backstop to prevent seniors from living out their last years in absolute poverty. While the system was never intended to be the sole source of retiree income, many seniors over the years have come to rely more and more heavily on Social Security in their twilight...
Tips for Investing in Gold as a Beginner
Gold has been a valued and cherished investment asset for centuries. It has helped millions of investors protect their assets over the years, as it provides an unparalleled ability to maintain its value in the face of economic turmoil and financial crisis. Investing in gold can be one of the best financial decisions an investor makes, as long as...
Mid-September Was the Closest We’ve Come to a 2008-Style Crisis, and Most People Are Clueless
One of the big stories in financial markets this year was the huge spike in interest rates on overnight repurchase agreements (repos). Very few people outside financial analysts and market watchers pay attention to repo markets or even know what they are, but these markets provide about $1 trillion in funding per day to financial institutions to keep them...
Gold vs. The Dollar: What Is the Connection?
While the United States has long been off the gold standard, the relationship between the US dollar and gold remains. The strength of the dollar is one factor that many investors take into account when making their investments, particularly when they decide to make investments in gold. Gold plays an important part in the investment portfolios of millions of investors...
Largest-Ever Corporate Debt Bubble Could Take Down the Economy
Unless you follow market news really closely, you’re probably unaware of how large the corporate debt bubble in the United States is. Even if you follow mainstream financial media, very few people are talking about it because they don’t want to upset the apple cart. For many American investors, that means they won’t find out about the corporate debt...