Category: Markets and Economics

GE freezes pension and offers buyouts

2 Minute Read The conglomerate GE took steps earlier this month to shore up their retirement program by freezing the pensions of 20,000 existing employees and offering buyouts to 100,000 former employees who have yet to start collecting their benefit.

Fed steps into overnight lending markets

3 Minute Read Earlier this week, the US federal reserve stepped in to provide billions of dollars in liquidity to overnight lending markets, the first time since the financial crisis of 2008.

US-China Trade War Facts

2 Minute Read The US-China trade war has been dominating the headlines over the past several months, with many claiming this is will lead to our next economic downturn. For context, here are some other significant economic events where similar claims were made:

Did the Internet Wipe Out Inflation?

3 Minute Read An interesting theory is making its way through investing circles to explain why inflation and interest rates have remained so low for so long….the internet! Inflation is the rise in the prices of goods and services over time.  Let’s take a look back…

New Retirement Plan/IRA Legislation

  Weekly Update – New Retirement Plan/IRA Legislation Earlier this week, the Ways and Means house committee passed the SECURE Act.  This provisions of the bill would be the most signficant to retirement plans since the Pension Protection Act of 2006. The Senate is…