Record Setting Inflation Data from the U.S. Bureau of Labor Statistics shows that prices are rising at the fastest pace in 40 years. The increase was higher than any Wall Street estimate. They rose 7.5% for the 12 months ending in January. That was the largest 12-month increase since February 1982. For those of us … Read more

Multi-billionaire and founder of the world’s largest hedge fund, Ray Dalio, believes that we may be facing a new economic catastrophe, and the catalyst is not a virus. He foresaw the coming of the 2008 financial crisis, and at the beginning of the pandemic, predicted that we would be dealing with effects for years even … Read more

Inflation is a word that has gained much attention over the past few years, thanks in large part to the pandemic and the lack of concern from the Federal Reserve. In 2021, it became one of the lead talking points of the virus’s effects, along with one of the primary catalysts that could lead us … Read more

Goldman Sachs, one of the leading global investment firms, recently voiced their analysis on the upcoming financial state of 2022 to their clients, and it didn’t sound too promising. In fact, when it comes to pandemic-induced disruptions in the global supply chain, they believe it will get worse before it gets better. The same goes … Read more

As we close the chapter on 2021, we look ahead to 2022 and all that may be in store for us. All things considered (at least up until Thanksgiving), many Americans assumed we would be off to a solid start in the new year. Then, the latest Covid variant Omicron emerged and evidently caused the … Read more

By now, you might be familiar with Joe Biden’s infamous Build Back Better plan. The initially proposed bill asked for an increase in government spending by $3.5 trillion but was soon after cut in half and revised, for a new amount of $1.75 trillion. President Biden pledged that “the plan is fully paid for by … Read more

Despite Fed Chairman Jerome Powell deciding to retire calling inflation, “transitory,” Americans have their hands tied when it comes to paying higher prices on everyday goods and services. If it seems as though the Fed is trying to backtrack on their own narrative they’ve had for most of the year– it’s likely because they are. … Read more

This holiday season, rather than spending money on gifts that could quickly lose a child’s interest, Americans are turning to more long-term offerings. Given the current economic uncertainty we’re facing, it’s no wonder the trend has become especially popular this year. While there are many factors contributing to the cause, perhaps the most apparent one … Read more

Things were looking positive for a while, almost as if we were about to be done with COVID-19 and all its chaos and leaving 2022 to be a year of recovery and growth. That was until the week leading to Thanksgiving when we learned of a new COVID variant called Omicron. The markets had an … Read more

Shortly after the onset of the pandemic last year, inflation became a hot topic among many. What we have been warning readers to watch out for was just confirmed true by the source itself. Federal Reserve Chairman Jerome Powell, admitted that inflation is proving to be more powerful and persistent than expected. One of the … Read more

As we turn the page on 2021 and enter the new year, experts are weighing in and voicing their outlook on where they believe the markets are headed. Spoiler alert– it’s not looking good. To start, investors across most markets have recently been spooked by Fed Chair Jerome Powell’s latest admission of inflation indeed not … Read more

Americans may soon no longer be able to utilize a popular retirement strategy that helps shelter their savings from taxes in retirement. Little by little, the few financial instruments we do have to help us work towards a more sound financial future are being stripped away. When House Democrats passed the Build Back Better bill, … Read more