Financial Advisor Insights

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10 Years After the Financial Crisis, Does the U.S. Still Have a Debt Problem?

10 Years After the Financial Crisis, Does the U.S. Still Have a Debt Problem?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Feb 9, 2019

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.

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Is the Reduction of the Fed’s Balance Sheet a Ticking Time Bomb? Two Financial Heavyweights Weigh In

Is the Reduction of the Fed’s Balance Sheet a Ticking Time Bomb? Two Financial Heavyweights Weigh In

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Feb 9, 2019

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.

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About Financial Advisor Tim Hayes

Tim is a financial advisor that knows how to adjust your financial strategy to adapt to the change’s life throws at you.

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