Archive | June, 2015

Is Corporate Cash Funding a House of Cards?

29 Jun

Corporate America is sitting on a lot of cash - $1.43 trillion, in fact.  It’s an amazing amount.  Consider this: Factset, a leading provider of financial data, calculates that Corporate America has enough cash to buy all the shares of Berkshire Hathaway, Facebook and Apple, plus still have some left over! What are these companies doing [...]

You Might Have to Retire Early – Are You Prepared?

22 Jun

The Employee Benefits Research Institute survey on retirement confidence tells us something new every year, and the 2015 edition is no exception. The data show people are retiring earlier than expected, and not necessarily by choice: 8% want to retire before age 60…36% actually do 26% plan to wait until age 70 to retire…only 6% do 31% retired [...]

Disappointing Growth Means Recession Could Be Near

15 Jun

Over the past few years, we’ve seen a disturbing trend in U.S. economic growth estimates versus actual performance.  Year Growth Forecast (%) Actual Growth (%) Difference (%) 2011 3.1 1.7 -1.4 2012 3.0 2.3 -0.7 2013 3.0 2.2 -0.8 2014 3.0 2.4 -0.6 2015 3.0 -0.2 (Q1 2015) TBD  It’s one step forward, two back [...]