Executive Insights

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 to pass along to the rest of the company as well as our clients. For example, on October 31, 2022, I came...

“Inflation” and “recession” continue to be two of the hottest words in financial news these days. On October 25, 2022, Bloomberg reported that “there are early signs that U.S. consumers, who have been largely resilient in the face of relentless inflation, are beginning to balk at high prices.” Meanwhile, Fortune.com wrote on October 24,...

How can one plan for a future that is unknowable? It’s unfortunate, but I believe this is the mindset that too many Americans tend to have when it comes to their financial well-being. Since they can’t say for certain what will happen next, they instead opt for a “wait and see” approach. But as we’ve discussed in some of our recent posts...

When I go on vacation, I don’t feel the need to calculate every single dollar I plan to spend—but I still like to create a general budget so I know about how much I’m willing or able to spend on a given trip. For me, it’s all about planning for what I can while also setting aside a little extra for those inevitable things I can’t plan...

If you’re preparing for retirement and, like many Americans, you are worried about the current economic climate, you may be wondering what you can do to better protect yourself, your portfolio, and your family from financial risk. One of the most important factors to consider when searching for ways to mitigate risk surrounding...

I often write about how important I feel it is to plan ahead. When you know you have a bill due or a can’t-miss deadline coming, preparation is key to avoid rushing at the last minute. At the stroke of midnight on October 1, 2022, government funding for U.S. federal agencies was set to expire. Fortunately, Congress managed to pass a...

On September 26, 2022, Reuters reported that gold prices fell to $1,621.50/oz.—its lowest price since April 2020. Just a few days earlier, on September 23, 2022, CNBC quoted Steve Hanke, a professor of applied economics at John Hopkins University, as saying, “There’s an 80% chance of the U.S. falling into a recession—much higher than...

Gold is considered a relative safe-haven asset around the world, especially during times of economic uncertainty and volatility. While gold is somewhat well known as a commodity, understanding where it’s traded—including coins and bars—can be a little more complex. Thankfully, with a bit of know-how, you can add gold to your portfolio...

As economic conditions tighten, many Americans start thinking about their own unique financial situations, wondering if they need to take new or additional actions to help protect their wealth. My response to those wondering is simple: It’s never a bad time to take action to protect your wealth—and each new headline is nothing more than...

Given the current economic climate, it’s no wonder that the topic of economic recession has been on many people’s minds—and no wonder that when we think recession, many of our minds think back to 2008. This is especially true for me because during the 2008 downturn, I was serving as Director of the United States Mint and was involved in...

There are a lot of unknowns in this world, but they shouldn’t frighten us into inaction. As of this writing, we’re still waiting on a potential declaration of whether or not we are in a recession while the Federal Reserve continues to fight high inflation. Back in July 2022, Alliance for Lifetime Income and CANNEX jointly released their...