Why Albert Einstein Said “Compound Interest Is the Eighth Wonder of the World” If you invest $3000 per year from 10 years before you turn 30, you would earn more money when you turn 70…
The World’s Best and Worst Places to Do Business Ranking 190 economies on measures of regulatory quality and efficiency, the United States came in at 8th place. Image: Visual Capitalist
Saying No to the Unimportant Things… “The difference between successful people and really successful people is that really successful people say no to almost everything.” -Warren Buffett Saying no to the unimportant things, but saying…
Who Has the Most To Lose in US-China Trade War? The tariffs are no threat and China has more to lose economically in a trade war. Those numbers are estimates but in reality wrong ones…
How to Get Inflation? Mainly, inflation comes from excess money supply growth. There is too much money in the system chasing too few goods and services. Nominal GDP = M x V = P x…
How is the Relationship Between the Fed and the Stock Market? The stock market influences the real economy of goods and services through the wealth effect. And the Fed responds to stock price movements only to…
S&P 500 Largest Pullbacks in the First Five Months of Each Year Over the last 50 years, the S&P 500 has performed the first five months of the year without a decline of at least…
Commercial and Industrial Loans Continue to Accelerate in the U.S. That’s a positive sign for the U.S. economy. Indeed, U.S. banks wouldn’t be lending if they were concerned about the economic situation. Past three recessions saw bank…
Ideal Portfolio – Stocks as Percent of Retirement Portfolio by Age For the ideal portfolio, GMO recommends the following stocks as percent of retirement portfolio by age. Source: GMO LLC
One of the Best Indicators to Monitor for Signs a U.S. Recession Is Coming The probability of being unemployed in a given month in the United States, by dividing the average initial claims for unemployment…