On April 20, 2023, MarketWatch reported, “The U.S. economic index sank 1.2% in March and fell for the 12th month in a row, continuing to signal a recession later in 2023.” That same day, Fox Business reported, “The Fed says a mild recession is in the cards this year.”...
In the wake of the Silicon Valley Bank collapse, consumer confidence in our banking system has been shaken. Many Americans are no longer certain whether their deposits are safe and have turned to other assets like gold to help diversify their portfolios should their...
Sometimes, one of the best ways to look to the future is with an eye on the past. On April 7, 2023, The New York Times wrote, “It’s clear that [Federal Reserve] policymakers recognize that there is a good chance of a sharp [economic] slowdown soon. Their own policies...
AUSTIN, Texas, April 11, 2023 /PRNewswire/ — At the end of March, the Social Security and Medicare Board of Trustees issued their annual report, revealing that these programs are projected to run out of money within a decade. Edmund Moy, former White House aide,...
Scanning the latest financial headlines, you may feel that the current financial environment may not seem quite as dire as it did a few weeks ago. There’s still talk of economic slowdown in the fallout of the recent banking issues and closures, but that comes...