by Daniel White | Apr 6, 2020 | Economy
April 6, 2020 I want to take a slightly positive viewpoint on this post because, despite the COVID-19 crisis, investors do have a reason to be hopeful. Last month saw the market’s worst trading day since 1987, featuring a 12 percent drop in the S&P 500 index....
by Daniel White | Mar 16, 2020 | Economy
March 16, 2020 In some tremendous news, last year the average 401(k) balance rose to $112,300, an increase of 17 percent from the prior year. Similarly, the average individual retirement account (IRA) balance rose 17 percent to $115,400. Both are new records....
by Daniel White | Mar 9, 2020 | Economy
March 9, 2020 I try to look at the bright side of things. But in this business, I’m often surrounded with negativity when it comes to markets and investing. In 2009, you would’ve thought we’d never escape the financial crisis. In 2011, everyone figured European debt...
by Daniel White | Mar 2, 2020 | Economy
March 2, 2020 I’ve been suggesting for a long time that the bear market is coming. It may already be here. Either way, the case for a stock market slowdown has never been stronger. Yet, stocks kept screaming higher at the beginning of this year, continuing last year’s...
by Daniel White | Feb 24, 2020 | Economy
February 24, 2020 I’ve written about this before, but it’s still worth noting – the U.S. birth rate has fallen again, according to the Centers for Disease Control (CDC). Forget Mayan proclamations and other doomsday scenarios, the world’s population is still...
by Daniel White | Feb 12, 2020 | Economy
February 10, 2020 Right before we rung in the new year, a budget deal was passed to the tune of $1.4 trillion – enough to avert a government shutdown. The one consistent thing in the last 40 years, regardless of which political party rules, is the nonstop...
