Originally published December 2021. The holidays are getting closer, and you’ve decided (perhaps after reading last week’s blog) that gold may be the perfect gift for your loved ones. So now it’s time to dig just a little deeper and examine some of your many options...
The national debt of the United States surpassed $35 trillion on July 26, 2024, according to U.S. Treasury data. If this is the first you’re reading about the national debt breaking another record, that’s probably because this latest record barely made a blip in...
This week certainly started with a bang. Rising recession concerns sent the Dow Jones Industrial Average tumbling 1,000 points right when markets opened on Monday, and both the Nasdaq and the S&P 500 fell at least 3%. These recession fears didn’t come out of...
Originally Published November 3, 2022 Reading financial headlines is an important part of my job as CEO of U.S. Money Reserve. Not only do I need to stay as informed as possible, but every once in a while, I come across something truly fascinating that I’m then able...
While politics is at the forefront of everyone’s minds recently, events that can’t be ignored are unfolding in the markets as well. The recent turmoil in stocks last week has shown that the current market cycle is vulnerable to heading into a correction. ...
A recession can be foreshadowed by many symptoms, such as falling stocks or closing businesses. Lately, though, one particular recession indicator has caught my attention: employment numbers. In the last couple of weeks, we’ve seen a rash of employment data released...
Did you know? While we celebrate July 4, 1776, as the birth of our nation, it was actually two days earlier, on July 2, that the Second Continental Congress voted to adopt a resolution for independence—one that was originally put forth on June 7! July 4, 1776, is the...
In less than one month, an entire network of hospitals—140 facilities in 19 states—was compromised by hackers. It was revealed that healthcare provider Ascension, which ran this network of hospitals, became the victim of a ransomware attack on May 8, 2024. The attack...
According to recent data compiled by Bloomberg, China sold a record $53.3 billion worth of U.S. Treasury and agency bonds in the first quarter of 2024. On May 21, 2024, Business Insider reported that “China seems to be accelerating its step back” from...
As the head of a company with over 400 employees working from multiple office buildings across two states, I probably take a keener interest in banking and commercial real estate matters than your average citizen. That said, I think it’s important for Americans to...
On Monday, our nation will observe one of its most significant holidays: Memorial Day. While many will spend the day relaxing or taking part in recreational activities, this holiday is really all about honoring sacrifice—specifically, the ultimate sacrifice made by...
For many months, financial news outlets and analysts have been discussing the chances of a “soft landing”—a situation in which inflation decelerates to normal levels without a recession or other economic downturn. This scenario remains the stated goal of the Federal...
