Recently, the U.S. Federal Reserve generated headlines when it announced a rate cut to benchmark interest rates. This was the first time since the Great Recession that the central bank made such a move. Although surface-level metrics such as low unemployment and...
On the last day of July, the Federal Reserve generated headlines after announcing an interest rate cut. It’s the first such move since 2008 when the central bank really had no choice. During that awful period, the global financial system was on the brink of collapse....
When the U.S. Congressional Budget Office quietly released their 2019 Long-term Budget Outlook, they were counting on the American public to focus on distractions like Amazon Prime Day and ignore the absolutely dismal predictions delineated in the report. I can assure...
What a tragedy it is: the promise of the American Dream, once held sacred in previous generations, has become the punch line of a cruel joke. Perhaps the saddest part of it is that the American public willingly relinquished its rights and freedoms – Democrats,...
60 percent blue-chip stocks and 40 percent bonds: that (or a similar variation upon that age-old formula) how the vast majority of retirees’ money is invested. It’s disgraceful, given that they’re invested in a very-late-stage economic expansion and the Federal...