Financial Advisor Insights
Articles are about big issues affecting readers, individual or corporate.
QT is similar to what would happen if somebody who was paying your bills suddenly stopped doing so and started to reduce your bank account by the total amount of bills previously paid.Read More
The U.S. stock market has come a long way from its Great Recession low. That low, at which the S&P 500 bottomed out at 666 on March 9, 2009, is what has been called “the Haines’ bottom,” named after legendary CNBC anchor Mark Haines.Read More
Yes. The amount of debt today is higher than it was before the financial crisis. Before the Great Recession, the total debt in the U.S.—that is, government, business and personal debt combined—was $53 trillion. At the end of 2017, it had increased by 28% to $68 trillion.Read More
Almost all states could see more revenue as a result of the 2017 Act. This gives the politicians once-in-a-lifetime opportunities to shore up their public pensions with tax revenues from higher taxes they didn’t impose.Read More
Is the Reduction of the Fed’s Balance Sheet a Ticking Time Bomb? Two Financial Heavyweights Weigh In
A dispute is brewing in the financial press between two financial heavyweights: Paul Sheard, Executive Vice President and Chief Economist of S&P Global, and Urjit Patel, Governor of the Reserve Bank of India.Read More