Keys to Better Aging Posted by CopyTeam Thelma Sutcliffe turned 114 years old in April, making her the oldest living American and the seventh-oldest person in the world, according to the Gerontology Research Group. The Omaha, Nebraska, resident attributes her relatively good health and longevity to the fact that she never had children, never …
A Hybrid Trend Emerges from the Remote Work Model vs. In-Office Work Model Debate Posted by CopyTeam Jobs data can be confusing. For example, the New York Federal Reserve reported in May that among businesses active before the pandemic, 35% remain closed, only 3% of service businesses still closed were likely to reopen, and only …
How COVID and the Vaccine Continue to Impact the Markets and Economy Posted by CopyTeam How well the world economy recovers from the pandemic will depend largely on the number of people who receive the vaccine. For that reason, the U.S. isn’t just dependent on its own citizens getting vaccinated; all other countries need …
Putting Inflation Expectations in Perspective Posted by CopyTeam Historically, inflation has been highly correlated with unemployment levels. When more people were out of a job, inflation was lower. As more people got jobs, inflation increased. From an economic point of view, this makes sense. Jobs increase income, which increases spending, which increases demand — …
Positioning for a New Economic Landscape Posted by CopyTeam In its midyear review, market analysts at Charles Schwab say that economic growth in the United States may have peaked in the second quarter of this year, and it believes China experienced its peak in the fourth quarter of 2020. However, Schwab is bullish on …
The holiday shopping season is the most crucial time of the year for retailers Posted by CopyTeam Even with lockdowns, fewer parties and reduced travel, the National Retail Federation reports that in 2020, Americans spent $209 billion on holiday-related purchases — averaging about $998 per person.1 If it seems a bit early to be …
How Millennials Are Changing Stock Investing Posted by CopyTeam Millennials are on schedule to inherit a substantial portion of $30 trillion in baby boomer wealth throughout the next 20 years.1 But in terms of investing, this young adult generation is well ahead of the curve. Investing in the stock market has become de rigueur …
Being on a Good Road to Retirement Posted by CopyTeam The coronavirus pandemic worsened income and wealth disparity in the U.S.1 However, if you were on a good path for retirement planning and financial stability, chances are you were in the group that came out ahead. According to the latest Retirement Confidence Survey by …
How Infrastructure Spending Affects Municipal Bonds Posted by CopyTeam According to the American Society of Civil Engineers, the 10-year tab to meet the country’s basic infrastructure needs is about $6 trillion. The report, published in March, includes $125 billion needed for bridge repairs, $435 billion for roads and $176 billion for the nation’s transportation …
An Infrastructure Plan that Goes Far Beyond Infrastructure Read More »
When You Take Away Adversity You Also Take Away One of the Most Important Ingredients To Greatness Posted by CopyTeam In the risk management field, there is a theory called “black swan,” which is basically what happens when something completely unexpected occurs. In hindsight, economists rationalize that the signs were there, and the occurrence …