New York University professor Nouriel Roubini said two days ago that in the U.S., a failure to address the budget deficit risks a bond market “revolt.” President Barack Obama’s administration has been negotiating with Republicans, who control the House of Representatives, over cutting the federal government’s long-term shortfall and raising the debt ceiling.
“We’re still running
Continue reading Debt a Threat to Global Economy – Roubini
We invest in the stock market so that we can retire some day. What we expect from the stock market is a return on our investment – a return that includes an “equity premium.” The equity premium appears to be getting smaller.
There are several reasons for this.
Better information, and the tools to analyze the information, has become
Continue reading Will the Stock Market Let us Retire? Where did the Equity Premium Go?
Ramin Toloui, Executive Vice President at PIMCO, shares his views on how developed and emerging economies are managing debt and how this is a complete reversal from historical experience. This reversal will affect how we invest in the future.
Mr. Toloui:
Emerging markets played a role in the global economy’s recovery last year that was historically unique. Like industrialized
Continue reading Debt in Emerging and Developed Economies: A Reversal That Will Affect How We Invest
Times can get tough. Loss of a job. Stock market crash. When times get tough will you be ready?
Get ready now for tough times ahead.
Rainy Day Fund – Emergency Cash
Have a rainy day fund – it can’t be said enough. You absolutely need a financial reserve that you can draw on when times get tough.
Continue reading When the Going Gets Tough the Tough Are Going to Be Ready