Face it: Financial planning in Trump world hinges on politics, not investing. This makes it more important than ever for people providing financial advice to tell clients about the implications of political decisions made in Washington and less about the basics of investing. By now, everyone has heard of the $26 billion
It certainly is no surprise that the Trump Administration has declared war on individual investors and will only make it more difficult for millions of Americans to have a financially secure retirement. For millions, there may be no retirement at all or certainly one which will have a lower quality
A new Fox News poll out this week shows that Senator Bernie Sanders has a +28 net favorability rating among the U.S. population, which beats all other elected politicians in both parties. Sanders is even more popular among the “independents”, where his popularity is at a mind boggling +41. This is not unexpected.
A little-known segment of the Dodd-Frank bank reform bill has been revoked by Trump’s Republican Congress and it allows major global corporations to do what they do to get business done: bribe foreign governments. The measure to repeal Section 1504 passed by a vote of 52-47 strictly according to party lines
An earlier post on this site (Feb. 23, 2017) pointed out the retirement crisis in America is not getting any attention. But just because it is not getting noticed, it does not mean the crisis will go away. On the contrary, it will only get worse, aggravated by the nation’s wealth gap and attempts to alter Social Security,
The financial media operates 24 hours a day and despite the proliferation of company, market and economic news and endless commentary, financial journalists are avoiding any discussion about the biggest financial crisis facing every American: the retirement crisis. Politicians don’t want us to talk about it since this is the ultimate form of bad news