Cart

0

Economy

“Has The Global Supply Chain Pressure Peaked? The Fed Thinks So.”

“EDITOR’S NOTE: Through most of 2021, mainstream economic opinion was operating under the narrative of “transitory inflation.” It was the biggest meme to go “viral” in the sphere of economic concerns. The Fed called inflation “transitory.” President Biden and his more… Continue Reading…

Personal Finance

“Nearly half of Americans think they’ll retire in debt: Here are the 5 top reasons why”

“…Nearly half, 46%, of the 2,050 people polled in a new MagnifyMoney survey think their current financial situation will force them to retire in debt. The survey included workers of all generations, from ages 18 to 75, not just those approaching retirement.… Continue Reading…

Economy, Personal Finance

“48% of workers think they don’t earn enough to save for retirement…”

“Almost half of U.S. workers, 48%, say they don’t earn enough income to save for retirement, according to a new survey from the Transamerica Center for Retirement Studies. The finding is pretty consistent across generational groups. On the high end, 55% of… Continue Reading…

Stocks

“Goldman Sachs says stocks will tumble 18% in the next 3 months – and lays out 6 risks it thinks investors are ignoring”

“ Goldman Sachs expects the S&P 500 to close the year 2% higher, but not before enduring an 18% plunge over the next three months. The stock market’s recent leap from late-March lows is best attributed to investors’ “fear of missing out,” the… Continue Reading…

Economy

“The IMF thinks this small South American country will see economic growth of 86% next year”

“Guyana, a country of about 780,000 which shares a border with Brazil, Suriname and Venezuela in the northeast of South America, will see economic growth of 86% in 2020, according to the IMF. That’s up from 4.4% in 2019. Such an explosive expansion of… Continue Reading…

Economy, Personal Finance

“Only 17 Percent of Americans Think They’re Benefiting From Trump’s 2017 Tax Cut”

“Despite the fact that about 80 percent of Americans are expected to receive tax cuts this year under Trump’s 2017 tax bill, only 17 percent believe they’re benefitting financially, according to a new poll cited Monday by CNBC… For most… Continue Reading…