In a recent speech Federal Reserve Chairman Ben Bernanke1 spoke of the importance of financial education. People commonly make financial mistakes such as saving too little, taking on too much debt, holding too little life […]
Read moreThe Survey of Consumer Finances (SCF) shows that median net worth for baby boomers (households with head of household aged 55-64 in 2010) was $179,000 in 2010, down from $226,000 in 2007. The median is […]
Read moreFormer Bain partner Edward Conard has published a controversial book “Unintended Consequences”1 in which he provides a positive case for income and wealth inequality and for market solutions to societal problems. His story is an […]
Read moreThe BLS Employment Situation was released today, indicating a job increase that exceeded the expectations of the consensus forecast. This information is based on a survey of employers. The 163 thousand job increase over June […]
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