Fourth quarter United States GDP contracted by about $5 billion dollars, which is 0.1 percent negative growth annualized. This is after 3.1 percent growth in the third quarter which was the strongest quarter in 2013. […]
Read moreIn early 2007, before the financial crisis hit, author Naseem Taleb published his best-selling book “The Black Swan” in which he argued that extreme events occur more frequently than most of us are trained to […]
Read moreForbes recently ran an article by William Baldwin titled “Do You Live in a Death Spiral State?” In the article, Baldwin calls states with declining economies Death Spiral States. (Confession: I really wish I’d come […]
Read moreCalifornia has almost achieved zero population growth. According to the California Department of Finance (DOF), California’s population has stagnated at sub-one-percent rates for an unprecedented seven consecutive years. The slow growth was a result of […]
Read moreMorningstar has published a research report that purports to show that a properly constructed financial plan can generate a meaningful increase in lifetime retirement spending. The value added from a plan is referred to as […]
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