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The numbers are pretty startling. Nearly 7 in 10 Americans have less than $1,000 in savings. 1 out of every 3 Americans has nothing set aside for retirement. And, according to Federal Reserve data, the median working-age couple has saved just $5,000 for retirement. How is this even possible? How
Most of the world is in an uproar right now over the travel ban that Donald Trump hastily imposed late last week on citizens of seven predominantly Muslim countries. But there was another ban that was quietly proposed last week, and this one has far wider implications: a ban on
On March 30, 1999, the Wall Street Journal’s front page headline blasted the good news across the world: “Dow Industrials Top 10,000” The day before, the all-important US stock index, the Dow Jones Industrial Average, closed above 10,000 for the first time in history. It was a major milestone, and
[Editor’s note: We have made this content available as an audio and video podcast, but I encourage you to watch the video with the slides.] In the video I mention a preview issue of our 4th Pillar Investment Service. Click here to download it. For most of the past week,
In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio
January 20, 2017 Sovereign Valley Farm, Chile It’s hard to argue with Barack Obama’s jump shot. I can’t imagine Rutherford B. Hayes having that kind of game. Or his swagger. Comedic timing. Even charisma. And there have been plenty of times over the last eight years when, in all seriousness,
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