by Daniel White | Apr 23, 2020 | Economy
March 23, 2020 Debt all over the world has been exploding. The behavior isn’t going to change. So, the question is – when will the bubble burst and spark a crisis? While final numbers aren’t in, forecasts show worldwide debt topped $255 trillion, which is a new...
by Daniel White | Apr 20, 2020 | Economy
April 20, 2020 You may have heard of the “butterfly effect.” It’s when a small, seemingly insignificant change in a system can lead to large and unpredictable variation in that system over time. A common example of the concept is a butterfly flapping its wings in...
by Daniel White | Apr 13, 2020 | Economy
April 13, 2020 In a crisis, everything is stress-tested. That includes business models. Companies thought to be large enough to handle anything are being stretched to their limits. The COVID-19 crisis is illuminating the value of preparation and the steep costs of not...
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...