I have written several essays lately on various aspects of what I call the Sustainable Financial Plan (SFP).  My colleague at CLU, Bill Watkins, suggests that I produce a simplified version of these essays that is targeted for young people (I think this is Bill’s nice way of saying that the original essays were indecipherable). … Read more

Dan Hamilton & Sean Liu As expected, China’s 2013 second quarter economic growth slowed, recording 7.6 percent compared with 7.7 percent in quarter 1. This data was released July 15th. This is a real growth rate that is a comparison with the same quarter in the prior year. China’s government provides a production-side breakdown of… Read more

The U.S. Bureau of Economic Analysis (BEA) released their annual comprehensive revision of the national income and product accounts on Wednesday, July 31. Most of the Financial news websites focused primarily on the first estimate of the second quarter of 2013, which was that economic growth was 1.7 percent. The analysis that was presented was… Read more