For those of us who are passionate about promoting retirement savings and readiness, the best news about President Obama’s budget proposal is that the odds of its passing have been…
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Posted in Retirement
Tagged 401(k), federal budget, IRA, retirement
I want to start by saying that I’m glad I missed the recent earthquake (I was on a plane to Denver, and was lucky enough to miss a temblor there…
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Posted in Investing
Tagged debt, debt default, equity, federal budget, gold, inflation, investors, monetary policy, stock market, stocks, Treasuries, Treasury
I can’t decide whether it would be better to never take my eyes off my computer screens that monitor the markets tick-by-tick or just turn them off. The markets have…
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Posted in Global Economy
Tagged debt, equity, European Central Bank, Fed, federal budget, financial crisis, financial markets, interest rates, stocks
The day after Congress passed, and the President signed, a budget deal authorizing an additional $2.4 trillion in U.S. Treasury debt, China’s Dagong Global Credit Rating Company lowered its rating…
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Posted in U.S. Policy & Politics
Tagged China, credit downgrade, credit rating, debt, debt ceiling, debt deal, deficit, equity, federal budget, fiscal policy, U.S. Treasury