By Editor Test
Not Bill Gale of the Brookings Institution. He recommends that we let the Bush tax cuts expire and the automatic spending cuts occur—and then to build a more sensible fiscal compromise on top of their ruins.
By Editor Test
The 1.5% GDP growth in Q2 was due to weaker consumer and government spending and a negative trade balance. Bright spots were solid business investment spending and housing as well as a rise in inventories, according to Prudential strategist John Praveen.
By Editor Test
In the area of public policy, 81% of advisors oppose proposals in Washington to scale back retirement savings incentives for 401(k) plans, according to the survey from Natixis Global Asset Management.
By Editor Test
In the area of public policy, 81% of advisors oppose proposals in Washington to scale back retirement savings incentives for 401(k) plans, according to the survey from Natixis Global Asset Management.
By Editor Test
“Since consumption is now 71% of GDP growth, the lack of jobs is having a negative impact on disposable income, which is pulling down economic growth,” said Madeline Schnapp, TrimTabs director of macroeconomic research.
By Editorial Staff
Brief and late-breaking items from Natixis Global Asset Management, Symetra, Fidelity, Allianz Life and Genworth.
By Editor Test
"The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function. One should, for example, be able to see that things are hopeless and yet be determined to make them otherwise"--F. Scott Fitzgerald, from "The Crack-Up."
By Editor Test
Each chapter in Prof. Milevsky's latest book focuses on a different important mathematical equation, on the genius who created it (or who won credit for creating it), and the application of that equation to retirement income problems.
