The word “big” is subjective… What could be big to one person is relatively small to another. For example… Slapping down $5 million for a home may be a BIG purchase for the vast majority of us – but for somebody like Jeff Bezos – $5 million is the equivalent of an expensive dinner. So,…
With inflation rising to unprecedented levels, the U.S. Federal Reserve is pushing back by raising the interest rate. The strategy is simple: higher interest rates make it harder for consumers to borrow money for large purchases. Higher interest rates are expected to bring prices back down by lowering consumer demand. But what happens to stocks…
2022 has been a rough year for a lot of people… But for Meta (formerly Facebook) – it’s been absolutely disastrous. Shares of the social media giant are down 70% as I write this… But just a few weeks ago – they were down almost 75%. That’s a MASSIVE drop – and an even bigger…
“Recession-proof?” That’s a pretty big claim… But yes, traditionally, healthcare has been able to GROW its business during times of economic downturns. Why? Because, regardless of what people are going through financially… They’re always going to need healthcare – and that means while most industries are dipping – healthcare’s steady stream is seen as…
The cost of living is officially up by 11.1%, the highest increase since 1981. As interest rates and consumer prices climb steadily higher, the threat of a recession casts a shadow over the American economy. Will there be a recession in 2023? No one has a crystal ball, but there are some signs that indicate…
Many of your investment decisions are influenced by broad economic trends. It’s common to hear economists and financial experts talk about a bull or a bear market. You’ll even need to adjust your investment strategy depending on these prevailing market conditions. But what exactly defines bear markets? Here’s everything you need to know about bear…
They say the ONLY constant in life is change… And that those who are best suited to adapt to those changes – are the best suited to survive. Well… At least according to Charles Darwin. They also say that change is good… However, that’s not really the case, is it? Sure, sometimes it’s great……
There’s something about celebrity and fame that people tend to forget… And that’s the simple fact that you’re popular… until you aren’t. Sometimes… People just fall out of favor. As I think back to the biggest stars and celebrities of my youth – very few of them are in the spotlight today. Some have…
Inflation isn’t going away. Consumers continue to feel the pinch at both the gas station and the grocery store. According to the latest numbers, consumer spending increased by 0.6% from August to September 2022, but household income only grew by 0.4%. This increase means many Americans are dipping into their hard-earned savings to cover their…
When the economy takes a downturn… There’s always going to be losers. You don’t need to be a Harvard economist to know that, right? However, there’s something a lot of people don’t talk about when it comes to economic downturns… And that’s the fact that there are winners as well. Back in 2008 –…