It's no secret that we Americans are incredibly lucky and blessed to be living in such a prosperous and luxurious place relative to the rest of the world. We have some of the best of everything: the best hotels, the best vacation spots and restaurants, the best cars, the best TVs, the best technological innovations, cell phones and computers. We still have amazing healthcare and education. There is another luxury we have that most of the rest of the world sadly doesn't have – and that is no national memory of what it is like to live through hyperinflation.
Fed Chair Janet Yellen sounded positively upbeat and hopeful as she testified and answered questions last Friday before the Senate Banking Committee. She was encouraged about manufacturing numbers, about unemployment figures and the strengthening of the U.S. economy. She seemed confident that October was still the right time to end Quantitative Easing. She also indicated that interest rates would eventually rise. Here's the question: Should we buy it?
The latest poor retail results have economists stumped. With the U.S. economy showing little signs of lasting improvement, are we about to hit a massive iceberg? Here's why you may want to get off the ship now.
According to the Federal Reserve, inflation is at a mere 1%. Can it be true?! Official stats say yes, but we say no. We count the reasons here... read more.
Despite all the warning signs, despite everything we should have learned from history, CNN is telling Americans the stock market is fine. You judge for yourself...
Early this year, the hype surrounding FATCA was palpable. Our clients were desperate to learn as much as they could about the law. And all the interest swelled to a crescendo when it was implemented on July 1, 2014. But now that the law is actually in effect? NOW is the time you need to know the true damage it's causing. And we have the early results right here.
This week's wild ride for stocks has left many Americans scratching their heads, and wondering what to do with their savings. Here's what you need to know.
Vladimir Putin is taking a defiant stance on FATCA -- the infamous law to go into effect on July 1 -- calling it out for being an invasion of privacy laws. How might Russia's resistance to the new law hit us in the U.S.? We play out the scenarios for you here.
