Facing a potential recession can feel like a formidable challenge. And with economists predicting a 99% chance of an impending recession, you might not have much time to prepare for it if you don’t start now. However, with preemptive planning and strategic investments, you can weather this storm. Let’s explore how to survive a recession […]
Key Points: Moody’s credit rating agency warns of a potential 10% decline in UK house prices due to high inflation and a recent hike in interest rates. The global housing market is also in decline, with house prices dropping in Sweden, Australia, and the United States. In times of turmoil in the real estate market, […]
Key Points: Recession fears are mounting, with economists forecasting a 99% probability by year’s end. The U.S. risks defaulting on its $30 trillion debt by June due to an unresolved debt ceiling crisis. Unprecedented hikes in interest rates by the Federal Reserve are escalating financial pressure on consumers and businesses. As economic uncertainties rise, gold […]
Key Points Concerns over the U.S. debt crisis and the possibility of a default raise global alarm, impacting international investors and economies reliant on the U.S. while posing risks to the global financial system. The U.S. Dollar’s status as the primary reserve currency is at stake, potentially triggering a seismic shift in the international monetary […]
Key Points The U.S. economy is slowing, with a current 1.1% GDP growth rate in 2023 compared to 2.6% in 2022 and 5.9% in 2021. The GDP is forecasted to rise by an annualized 0.5% in the second quarter, less than half of the first-quarter pace. The U.S. is experiencing significant inflation, rising above 7%. […]
Key Points: A declining number of Americans view real estate as the premier long-term investment compared to gold or stocks. Faith in real estate has significantly dropped in the past year, while confidence in gold investments has dramatically risen. The belief in stocks or mutual funds as the best investment is nearing its lowest point […]
Settling a divorce can be stressful. Not only do people have to deal with an emotional rollercoaster, but also with a lot of paperwork to split finances and assets equally. Like any other asset acquired during the marriage, a pension is also considered joint marital property. Therefore, it is also subject to division when a […]
You might have come across the growing trend of young investors allocating funds to cryptocurrencies within self-directed IRAs. While this investment strategy has gained traction, it might not be the most suitable choice for everyone. For example, last year, bitcoin prices fell 65% (although they have rebounded), and other cryptocurrencies like Ethereum and Dogecoin displayed […]
Did you know that it takes a staggering 10 tons of raw ore to produce just one ounce of platinum? A metal rarer than gold and silver, platinum has captivated the hearts and minds of people for centuries with its breathtaking luster and unparalleled strength. As an industry expert once said, “Platinum is the ultimate […]
Navigating the global economy requires investors to understand pivotal concepts like inflation and stagflation. These forces influence financial markets and your investments in various ways. As Sam Ewing humorously observed, “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” This witty remark […]