Good Friday is next week and markets will be closed as per usual. However, what will be unusual is that the closure of financial exchanges in the U.S., and some other parts of the world, comes as the government is slated to release a key report on employment in the …
Read More »Outside the Box: This investor in both gold and bitcoin says only one offers real long-term safety
Spoiler alert: I own both gold and Bitcoin in my portfolio. As a longtime participant and observer of the shifting currents of monetary policy and financial markets, I believe both can play vital roles as repositories of value, especially in a world plagued by economic and political uncertainty. But although …
Read More »The Moneyist: ‘I feel like she has joined some abusive cult’: My wife makes $25,000 and only gets 1.5% annual pay raises. What can I do?
Dear Moneyist, My wife and I have been married for 18 years and met at work in 2000. She is college educated and has worked her entire life with the exception of a few years off when our kids were very young. For the past 13 years of our marriage …
Read More »How to decorate for Christmas with only two items
Are you looking to decorate on a budget? Or do you really like going all out in one of your spaces, but feel the house is just disconnected. This is how you can decorate for Christmas with only a few items to keep your home cohesive for Christmas, without spending …
Read More »: Abercrombie & Fitch is closing 7 flagships that account for 10% of global square footage but only 1% of revenue
Abercrombie & Fitch says the stores that are closing don’t accurately represent the brand. Abercrombie & Fitch Abercrombie & Fitch Inc. ANF, +1.49% will have seven fewer flagship stores by the end of January 2021, but the benefits to the business will far outweigh the loss. One store in Dusseldorf, …
Read More »Unique Home Features You Can Find Only in Florida
When you want to buy a home and move to a different state or country, you can expect that that house will be somewhat different than your old home. Every city and state has its style and architecture, and certain types of homes are characteristic of certain areas. This often …
Read More »Need to Know: Here’s the only thing investors need to know about the stock market right now, says 50-year veteran
A World Bank forecast predicting 2020 will see the worst global recession since World War II, which adds weight to the argument by some that markets and the economy are in a total disconnect right now. That likely won’t scare Capital Wealth’s market strategist Jeffrey Saut, who brings nearly 50 …
Read More »The only way to truly solve the race problem in America is to narrow the wealth gap, black economists say
The unrest in cities across the U.S. this week is just the latest manifestation of a struggle that will continue until the wealth gap between white people and black people is addressed, black economists said. What is the wealth gap? It is the stark divide between how much capital white …
Read More »In One Chart: There’s only one generation in U.S. history that’s considered to be more unlucky than the ‘Lost Generation’
It’s hard out there for a millennial. In fact, the Washington Post, citing a series of economic haymakers and the struggles that come with them, calls the group born between 1981 and 1996 “the unluckiest generation in U.S. history.” Yes, even unluckier than members of the “Lost Generation,” who reached …
Read More »