The globalization of economies—that of the U.S. as well as most of the rest of the world—began in earnest in the early 1980s when China was entering the global trading sphere. But as early as the 1920s, American companies had already started building manufacturing plants in Europe—both General Motors and Ford Motor Company were in Germany…
Read MoreDon’t panic!!! There’s a strong likelihood that you are not alone witnessing the fall in your retirement fund assets. I’d be willing to wager that just about anyone with a 401(k) plan—or other tax-advantaged defined contribution retirement plan—who is more than twenty years from retirement, is in the red for the first three months of this year.
Read MoreFor more than a few decades, increases in college tuition have significantly outpaced the rate of inflation in this country. Today, approximately 70% of undergraduate students are entering the job market with some level of debt in the form of a student loan, often as much as $40,000.
Read MoreThe stock market is one, among a number, of leading indicators of the U.S. economy. Other such indicators include: new orders for both nondefense capital goods and also for consumer goods; consumer confidence; building permits for new homes; retail sales; and initial claims for unemployment insurance. The strength or weakness of those pillars of the economy are harbingers of future growth or decline in the GDP.
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