The stock market is brutalizing Wall Street investors, falling more than 17% year-to-date in August. Earlier in June, the market lost more than 20%, briefly falling into a bear market as economists anticipated Gross Domestic Product (GDP) to return negative for a second consecutive quarter. When initial...
It is hard to argue that Americans are not struggling in this economy, but politicians and the mainstream media are certainly trying. Sitting atop their ivory towers, Wall Street propagandists tout labor market misinformation to paint America’s decline as an economic recovery. This calloused view, is a...
Past performance is not a guarantee of future results. This statement, often echoed by brokers in the securities industry, underscores a common tautology — you either make money or you lose money. In simpler terms, this is how Wall Street deflects the risk of investing in assets...
Investors do not have control of their retirement investments when their nest egg is gambled on Wall Street. This is becoming abundantly clear as the government is now trying to address their climate change agenda through the power of investing. Known as ESG Funds, the government is...
A surprise ruling from the Securities and Exchange Commission will start to put brokerages and investment professionals from the securities industry in the hot seat as the agency seeks to increase protections for consumers. Dating back to 2019, the Financial Industry Regulatory Authority (FINRA) and the Securities...
Inflation continues to persist into the early Fall months of 2021 and Americans are facing more economic risks, including higher taxes on top of a reduction in purchasing power. Economists are currently predicting that the Social Security Administration will have to significantly increase social security benefits to...
Congress is officially set to move forward with legislation that will alter the retirement saving landscape once again, more than a year after passing landmark legislation that rattled Americans in and near retirement as well as their retirement savings plans. Coined as the SECURE Act 2.0, the...
Congress alongside first year President Biden are planning major tax overhauls that would create several issues for beneficiaries. Raising taxes on wealthy Americans has become a focal point of the majority party in Congress and for President Biden, as Democrats plan to increase taxes to address certain...
