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...
In this follow-up interview, Phil Cannella speaks with former Federal Reserve finance manager, Andrew Huszar, on how investors should react to the Fed tapering QE3 to $75 billion per month. Andrew Huszar is a Senior Fellow at Rutgers Business School. Follow Professor Huszar on Twitter: @andrewhuszar
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...
In March, we observe Women’s History Month to recognize and celebrate the vital role that women have played in shaping American history. Indeed, women have made countless contributions to society, and yet, in one area, they still feel like outsiders: retirement planning. Although more women than ever...
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...
President Donald Trump has had a number of very significant accomplishments during his first one hundred days in office. However, many of his biggest achievements might not have gotten the attention they deserved because of the main stream media’s liberal slant and bias, or by a continued effort from...
When saving for retirement, investors have a multitude of options to save their money. Two popular types of investments for retirement savers are traditional and Roth IRAs. Both traditional and Roth IRAs offer tax-free growth for the life of these vehicles and have unique attributes that can...
There are winners and losers in every financial crisis. When the stock market dips, there are individuals that benefit from the fall. That was certainly the case when the Coronavirus became a global threat. In this case, real estate received a boost. Mortgage rates have fallen to...
Since the end of the financial crisis, consumer advocates have pushed for fiduciary duty on Wall Street—an obligation for brokers and financial advisors to act in the best interest of clients at all times. Last week, President Obama added his voice to the cause. Speaking to a gathering at AARP...
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...