The view of precious metals as a necessary asset to help diversify a heathy portfolio is popular among seasoned professionals in the financial sector. Looking at their reasoning can give us valuable insights on a modern portfolio. Financial institutions such as UBS...
The Deficit, the Dollar, and the Ugly Truth
Retirement has become more complicated in today’s world. Traditional retirement safe havens aren’t what they once were. Dollars and Treasurys, mainstays of any retiree’s portfolio, have been dealt a blow that can diminish their power over time. The U.S. budget deficit...
Signs the Dollar’s Reserve Currency Status Might Be at Risk
The dollar has recently been losing ground on the international stage. While a “rush for cash” is a frequent event during financial crises, this year’s fallout has proven to be different. Central banks across the world typically see the dollar as a safe haven worth...
Debts and Defaults
The stock market may dominate the headlines these days, but it is not the only important part of the economy to track. Debt has been rising on a number of fronts across the nation. The influence of this debt should be considered when assessing the overall financial...
Have We Ever Seen Anything Like This?
Don’t expect to see high interest rates anytime soon. After slashing the rates to near zero back in March, the Federal Reserve has emphasized repeatedly that it is in no rush to raise them anytime soon. While forecasts that it would take a while to raise the rates are...
The October Effect
Near the beginning of September, equity markets were riding high at new peaks, and March’s crash seemed like a distant memory. Then fortunes changed, and the stock market experienced a harsh series of corrections. Both The Wall Street Journal and MarketWatch report...
Retiring in a Recession
Retirement. For many, it is the final prize after a life of hard work. People get a retirement date in mind a few years in advance. They draw up plans as to what hobbies they’ll finally indulge in with their newfound time and where they’ll live. They monitor their...
Inflation, Debt, and the American Family
A recent decision by the Federal Reserve may have long-reaching consequences on the power of American currency. For decades, one of the monetary policy goals of the Federal Reserve has been to try to contain inflation. After a period of high inflation beginning in the...
Oracle of Omaha Turns to Gold
Warren Buffett, the financial genius known as “the Oracle of Omaha” and CEO of Berkshire Hathaway, used to feel reluctant toward gold. For decades, he has advocated holding stocks for better growth potential over holding other assets. He has yet to publicly make any...
The Assets You Could Be Overlooking
Well-known throughout history as symbols of wealth, and commonly recommended by experts as hedges against volatility, precious metals are a key asset in many people’s portfolios. For many people, that typically means gold or silver. After a recent record-breaking run,...
Sluggish Labor Recovery Hits Another Snag
New jobless claims have consistently remained high since March when lockdowns began across the United States. In the time since, those numbers have been decreasing, but while progress has been made, there are still signs of trouble on the horizon. Dallas Fed President...
Diversifying Your Metals
Gold has been in the spotlight lately. It makes sense—last week gold broke its previous all-time high record and then kept going. This action followed months of positive momentum for the precious metal, and some experts, such as analysts at Goldman Sachs and Bank of...