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

If you’re anything like us, we have been wondering just how President Biden’s pledge that no American earning less than $400,000 would pay “a single penny” in additional taxes due to the Build Back Better agenda would be realistically possible. We’ve heard this repeated many times since the plan’s proposal, and, just as we thought, … Read more

Peter Lynch, one of the most successful investors of all time, once said, “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” And with yet another COVID strain breaking loose over the holidays, the market did just … Read more

Due to October’s inflation surge and updates on the latest job report numbers, gold recently broke a five-month high. And according to Bank of America, 2022 and 2023 may be the years the yellow metal should rally. In fact, by 2023, Bank of America predicts that gold could eventually reach $2,049 an ounce, just a … Read more

After achieving nearly 30% gains in 2020 and setting a new all-time high price record, gold has taken some time to cool off in 2021. However, within the past week, gold surged to reach a five-month high, and some experts believe this could be the beginning of another massive run-up for the precious metal. Although … Read more